SEAS Energy Efficiency Committee has been active since 2007 to provide a platform for companies & individuals to gain opportunities offered by the national SME-EE initiative and assist companies to work through the barriers associated with Energy Efficiency.
Over the past decade, many countries have set ambitious targets on renewable energy, looking at non-fossil-fuel sources to boost their supply. However, it is equally important to curtail the demand for energy and manage energy usage efficiently. Countries in the region have implemented incentives to encourage energy efficiency, and in Japan for example, legislation to boost energy efficiency have been in place for many years.
The Singapore government follows the three-pronged approach to energy efficiency including legislation, incentives and capacity building. Mandatory green mark standards for new buildings and incentive for developers to build more energy efficient buildings with Green Mark gold & platinum certifications encourage a greener approach to construction.
In 2013, the Singapore government launched the SME Energy Efficiency Initiative as one of the solutions to address the high energy consumption by small and medium enterprises.