ADB Manila HQ now RE-powered
Ted P. Torres (The Philippine Star) - March 2, 2014 - 12:00am

MANILA, Philippines - The main headquarters of the Asian Development Bank (ADB) in Manila is now 100-percent powered by renewable energy (RE).

The ADB has entered into a geothermal power supply agreement with AdventEnergy Inc., a licensed retail electricity supplier of Aboitiz Power.

The headquarters is now powered by 100 percent powered by renewable energy generated by geothermal plants in Tiwi in Albay province and Makiling-Banahaw in Laguna province, in addition to existing on-site solar power generation.

ADB vice president Bruce Davis said that as an institution, it is committed to expanding the use of renewable energy across Asia and the Pacific starting with its own headquarters.

“This agreement (with AdventEnergy) will allow us to cut our annual corporate carbon footprint by nearly 50 percent, with an emission reduction of more than 9,500 tons of CO2 (carbon dioxide) equivalent,” he said.

The supply contract with AdventEnergy will see ADB purchase an average of 1.5 million kilowatt hours (kWh) of electricity a month.

This will be supplemented by about 50,000 kWh generated monthly from ADB’s rooftop solar panels.

“These two sources will meet the entire energy requirements of the headquarters building, where more than 2,600 staff and consultants work each day,” Davis said.

It also means ADB will no longer purchase electricity directly from the Manila Electric Co. (Meralco), although it will continue to use the company’s distribution network.

The move follows ADB’s decision to take advantage of electricity reforms in the Philippines, which allow large users to choose their power supplier.

The contract with AdventEnergy followed a competitive bidding process. It was picked as it was the only one to offer a large portion of its electricity generated from renewable sources.

The ceremony to mark today’s switchover to full renewable power is the centerpiece of ADB’s second “No Impact Week,” during which staff are encouraged to make work and personal lifestyle changes to reduce their carbon footprint and impact on the environment.

Clean energy has become one of ADB’s highest priorities, with over one fourth, or 27 percent, of the total approved loans in 2008 supporting projects with clean energy components.

ADB’s Clean Energy Program is multi-pronged. It seeks to increase regional energy efficiency in energy, transport and urban sectors; to adopt renewable energy sources; and to improve access to energy for the poor and remote regions - avoiding the use of traditional biomass.

The clean energy program seeks to meet energy security needs, facilitate a transition to a low-carbon economy, universal access to energy, and achieve ADB’s vision of a region free of poverty.

With high levels of confidence for clean energy investments, ADB’s Energy Policy targets the annual lending for related programs to $2 billion by 2013.

 

          

ABOITIZ POWER ADB ASIA AND THE PACIFIC ASIAN DEVELOPMENT BANK BRUCE DAVIS CLEAN ENERGY PROGRAM ENERGY ENERGY POLICY MANILA ELECTRIC CO
  • Latest
  • Trending
Latest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

SIGN IN
or sign in with
Read and share the latest news
whenever and wherever you are.
Top Stories
Features the most relevant stories,
exclusive content, analyses and special reports.
As It Happens
Get bite-sized highlights and up-to-date
information as the news breaks.
Latest
View the most recent
stories of the day.
Log-in
Lorem ipsum dolor sit amet,
consectetur adipiscing elit.
Quisque justo est, auctor vel ullamcorper.
Log-in
Lorem ipsum dolor sit amet,
consectetur adipiscing elit.
Quisque justo est, auctor vel ullamcorper.
How to follow As It Happens stories
STEP 1
Click the story in the As it Happens section.
How to follow As It Happens stories
STEP 2
Click "Follow Story" for updates on the news.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.
How to follow Author
STEP 1
Click on the author's name in the article.
How to follow Author
STEP 2
Once you click on the author's name, you will be
brought to the Authors page. Click "Follow Author"
to stay updated on the author's works
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.
How to follow Tags
STEP 1
Click on a tag in the article.
How to follow Tags
STEP 2
When you click on a tag, it will take you to the
dedicated tag page where you'll see the article
viewed, along with other stories with that tag.

Click the "follow tag" button to stay updated on
the topic.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aliquam eu metus vitae felis tincidunt finibus ut id sapien. Integer volutpat dui eu malesuada dignissim. Sed varius justo nulla, fringilla convallis sem porta sed.