To date the Government's approach to realize this objective is to rely heavily on the energy industry and consumers to exercise efficiency in energy production, transportation, conversion, utilization and consumption through the implementation of awareness programmes. Demand side management initiatives by the utilities, particularly through tariff incentives, have had some impact on efficient utilization and consumption.

Government initiatives to encourage co-generation are also aimed at promoting an efficient method for generating heat energy and electricity from a single energy source.

This also contributes to a reduction in the costs of conversion.

To enhance the level of achievement of the Utilisation Objective, the market approach needs to be supplemented by the regulatory approach. Towards this end, the energy efficiency regulation is currently being formulated and it will be focusing on designation of large consumers, appointment of energy managers and equipment labelling.

The Government is conscious of the need to work with the industry to promote energy efficiency in order to reduce inefficient and wasteful use of energy in industrial facilities. Towards this end, a number of industrial energy efficiency initiatives are being planned and these include energy auditing program, energy service companies support programme and technology demonstration programme.