Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93 Page 94 Page 95 Page 96 Page 97 Page 98 Page 99 Page 100 Page 101 Page 102 Page 103 Page 104 Page 105 Page 106 Page 107 Page 108 Page 109 Page 110 Page 111 Page 112 Page 113 Page 114 Page 115 Page 116 Page 117 Page 118 Page 119 Page 120 Page 121 Page 122 Page 123 Page 124 Page 125 Page 126 Page 127 Page 128 Page 129 Page 130 Page 131 Page 132 Page 133 Page 134 Page 135 Page 136 Page 137 Page 138 Page 139 Page 140 Page 141 Page 142 Page 143 Page 144 Page 145 Page 146 Page 147 Page 14895 in successful energy management. However, among the ECA companies, 62% of the energy performance of major systems reported was not tracked and more than half of the companies measured less than one- third of the important parameters. Many companies were therefore unable to manage their energy use effectively. Based on the plans submitted under the ECA, there were energy savings of 0.7% annually in 2014 and 2015. Singapore’s most energy-intensive facilities, which collectively accounted for more than 50% of Singapore’s final energy consumption, can play a key role in improving the overall energy performance of the industrial sector if more effort is invested in energy efficiency. Of the energy efficiency improvement measures reported by companies under the ECA, 60% were planned for implementation within two years. About 60% of companies do not have plans for measures beyond the 2-year period. Furthermore, most planned energy efficiency improvement measures were expected to cost less than $1 million and 60% will be paid back within three years. In order to increase the overall rate of energy efficiency improvements, the implementation of more complex projects that require larger investments may be needed. An in-depth analysis of common utility systems revealed that more than one-third of the boilers, half of the compressed air systems and two-thirds of the chilled water systems were operating at sub-optimal efficiencies. More than $90 million of annual energy savings could be achieved if these systems were operating efficiently. Companies should consider energy efficiency opportunities in these areas to reduce their energy consumption. NEA will continue to monitor the energy management practices of companies and study policy options to achieve further energy efficiency improvements in the industrial sector. 60% 60% of the energy efficiency improvement measures were planned for implementation within two years of the companies do not have plans for measures beyond the 2-year period 94 ENERGY TO POWER OUR FUTURE NEA actively promotes energy efficiency in the industrial, households and public sectors through legislation, incentives and education. In the year, NEA looked at the energy efficiency record card of energy-intensive facilities in Singapore and rolled out a new energy campaign. Under the Energy Conservation Act (ECA), energy intensive users in the industrial sector that consume more than the equivalent of 54 tera-joules of energy each year in at least two of the three preceding calendar years are required to put in place basic energy management practices. These include appointing at least one certified energy manager, monitoring and reporting energy use and GHG emissions annually, and developing an energy efficiency improvement plan and updating the plan annually. Promoting good corporate energy management practices 167 Analysis of the 2014 submissions revealed varying levels of rigour in energy management, low levels of ambition in energy efficiency improvements and room for improvement in the energy efficiency of energy consuming systems. For example, the practice of measuring, tracking and benchmarking of energy performance of major energy consuming systems is an important element As of 30 June 2015, there were companies operating 211 energy intensive industrial facilities regulated under the ECA NEA ANNUAL REPORT 2015 / 2016 NEA ANNUAL REPORT 2015 / 2016