Philippines Among Top Performers in Providing Power Access, Says World Bank.

According to a World Bank report, the Philippines was cited among the leading performers in providing electricity to its citizens.

The Philippines, along with the rest of Asia, is making significant contributions to ensuring electricity access as well as increasing uptake for renewable energy, the World Bank said.

The World Bank report titled “Progress Toward Sustainable Energy: Global Tracking Framework 2015,” said Australia and China increased their renewable energy shares by about one-percentage point each.

Asia accounts for about 60 percent of the global progress on energy access and clean energy objectives during 2010-2012, contributing well beyond its share of global population and energy consumption.

Asia’s performance on expanding modern renewable energy (from sources like solar, wind and geothermal) was particularly strong.

The World Bank said Vietnam and Indonesia were particularly strong on access to clean, modern cooking fuels, and added around 3-4 percentage points to their access rates.

“Japan and Indonesia on the other hand stood out in reducing their energy intensity (commonly used as an indicator of energy efficiency) by a compound annual growth rate of around five percent,” the report said.

Globally, consumption of modern renewable energy grew four percent per annum during 2010-2012 in Asia that growth was almost twice as fast at close to eight percent.

Asia also moved rapidly to expand access to electricity for its citizens, growing the population with electricity 0.9 percent annually over the tracking period 2010-2012, well ahead of the global rate of 0.6 percent.

“However, Asia’s progress on reducing the energy intensity of its economies with a compound annual growth rate of 1.3 percent annually – a commonly used measure of energy efficiency – lagged behind the global average of 1.7 percent,” the World Bank said.

Originally from The Philippine Star

Author: Darvin Tocmo

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