Philippines, the Most Energy-Efficient Country in ASEAN?
I am working on energy data of ASEAN Member Countries to see the trend from the last decade (2001-2010). One thing that I found very interesting is about the Philippines.
Energy and economy (GDP) data are shown in the Table below. Top two were retrieved from APEC Database using APEC Energy Statistical Analysis Tool 2012 (also available online at http://www.ieej.or.jp/egeda/database/database-top.html), while the rest –including energy use data as well as GDP– were retrieved from World Bank Data (http://data.worldbank.org/country/philippines).
If we compare data in 2010 with 2001, we could see the TPES and TFEC have growth 5.7% and 0.9%, respectively. But GDP (in all term) has growth 54.8% in the same period. How amazing it is!
Does the Philippines successfully implemented it’s energy efficiency plan while the economic soar loudly during the decade?
Lot of studies that have been done by scholars to see the energy-output causality in the Philippines: the relationship between energy and GDP, such as Yu & Choi (1985), Masih & Masih (1996), Asafu-Adjaye (2000), Fatai et al (2001). All of them agreed that energy and economic are related each other. [Ref: Causality between Energy Consumption and GDP: Evidence from 30 OECD and 78 Non-OECD Countries. Jaruwan Chontanawat, Lester C. Hunt, and Richard Pierse. June 2006]
But, let’s see in the correlation detail for each comparison item, to see how close the movement of energy and economy. The next two Charts show the correlation of growth of TPES every year and GDP growth in various terms: constant LCU and constant 2005 US$ or constant 2011 international $.
And the next two Charts show the correlation of growth of TFEC every year and GDP growth in various terms: constant LCU and constant 2005 US$ or constant 2011 international $.
The only logic chart is the first one: “Annual Growth of TPES vs GDP (Constant LCU)”, where the growth of TPES is synchronized with the growth of GDP, while the other three tell us different story.
Whether something wrong with the data, or yes – Philippines is doing successfully in pushing the economic growth higher but reduce substantial energy use. If the last one is the case, Philippines is the best country to learn about Energy Efficiency!
Need more time to answer this. Or if you have your own analysis, it would be great if you could share with me.