In addition, the economy is implementing the
Philippine Energy Efficiency Project which aims to
demonstrate the societal benefits of a series of energy
efficiency projects in the different sectors—such as
the public, commercial and residential sectors. The
project’s key targets include: the retrofit of 135
government buildings with energy efficient lighting
systems; the economy-wide distribution of compact
fluorescent lamps (CFL) totalling 8.6 million CFL
units; and the retrofit of public lighting (street and
traffic lights) using light emitting diode (LED) lamps
in three major cities. The project quantification of
economic and environmental benefits showed a
243 MW deferment of power generating capacity
additions, a reduction of oil imports by
83.1 kilotonnes of oil equivalent (ktoe), and the
avoidance of 172 kilotonnes of CO2 emissions.