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COLUMN<br />
ii) Must be registered with the<br />
Ministry of Finance as a provider<br />
of services under the <strong>Green</strong><br />
Technology Code 222 801;<br />
iii) To submit a record <strong>and</strong> information<br />
about EPC projects ever<br />
<strong>and</strong> is being implemented as a<br />
reference mainly involving largescale<br />
investments;<br />
iv) Submission of proposed method<br />
for the measurement <strong>and</strong> monitoring<br />
of energy savings each<br />
month on a regular basis over<br />
the term of the EPC contract to<br />
be implemented. The method<br />
of calculating the energy savings<br />
achieved must be based<br />
on the actual measurement of<br />
the difference in total energy<br />
consumption before <strong>and</strong> after<br />
implementation of the proposed<br />
energy conservation project;<br />
v) Be prepared to conduct a detailed<br />
energy audit of buildings at no<br />
cost to the owner of the building<br />
facilities.<br />
Lastly, is the most crucial part<br />
to get the EPC project implemented<br />
which is the key elements <strong>and</strong> contents<br />
of EPC contractual documents.<br />
Key elements that must be clearly<br />
stipulated <strong>and</strong> agreed between the<br />
ESCO <strong>and</strong> the facilities owner are as<br />
follows:<br />
+ The proposed duration of the<br />
contract with the guarantee<br />
of energy cost savings <strong>and</strong><br />
conditions:<br />
+ The minimum amount of savings<br />
expected to be achieved<br />
+ The method, report formatting<br />
<strong>and</strong> formula for calculating<br />
shared savings will be paid to the<br />
ESCO;<br />
+ Conditions to be applied if savings<br />
achieved are less than<br />
guaranteed by the ESCO.<br />
+ The cost savings with significant<br />
changes of operations at the<br />
facilities.<br />
+ The responsibilities of building<br />
owners <strong>and</strong> the ESCO throughout<br />
the contract period.<br />
+ Maintenance, use, maintenance<br />
<strong>and</strong> modification or removal of<br />
the equipment that was installed<br />
Malaysia, the Philippines,<br />
Thail<strong>and</strong> <strong>and</strong> Indonesia all show<br />
significant power generation<br />
growth, with considerable<br />
opportunities also emerging in<br />
Myanmar as the government<br />
makes power sector reforms.<br />
by the ESCO by the facilities<br />
owner.<br />
+ If the equipment installed by<br />
the ESCO is lost or damaged <strong>and</strong><br />
guarantee of losses <strong>and</strong> liabilities<br />
by ESCO to the facilities owner.<br />
In a bigger picture, the<br />
investments from EPC projects<br />
implementation could also contribute<br />
to the growth of our economy<br />
<strong>and</strong> reduction of carbon dioxide gas<br />
emission through the reduction of<br />
energy consumption. That will be<br />
derived from investments made<br />
by ESCOs which will create more<br />
jobs from each EPC project <strong>and</strong><br />
the increase in the use of energy<br />
efficient technologies <strong>and</strong> products<br />
by among intensive energy users<br />
among business communities in<br />
Malaysia.<br />
Other benefits are more EPC<br />
projects implementation will create<br />
interests among younger generation<br />
<strong>and</strong> encourage more professionals<br />
to be look energy efficiency industry<br />
as a new field of attractive <strong>and</strong> good<br />
career prospects in the future.<br />
Zaini Abdul<br />
Wahab is<br />
a principal<br />
consultant<br />
& director of<br />
Connecys Sdn<br />
Bhd which<br />
specialiszes in<br />
consultancy<br />
for sustainable<br />
energy<br />
management<br />
system. He was<br />
also Director<br />
of Energy<br />
Efficiency at<br />
<strong>Sustainable</strong><br />
Energy<br />
Development<br />
Authority<br />
(SEDA) Malaysia<br />
<strong>and</strong> led the<br />
national EE<br />
initiatives<br />
under ETP <strong>and</strong><br />
also was the<br />
key resource<br />
person in the<br />
drafting of EE<br />
& Conservation<br />
Act by the<br />
Ministry of<br />
Energy, <strong>Green</strong><br />
Technology <strong>and</strong><br />
Water<br />
green+.2014, november-december 35