Energy Efficiency is a cost-effective means of mitigating GHG emissions. Although energy efficiency makes financial sense, energy efficiency measures may not be implemented due to market barriers such as the lack of information and capability.

To drive energy efficiency improvement in Singapore, the Energy Efficiency Programme Office (E²PO) has been established. The E²PO is an multi-agency committee led by NEA and comprises the Energy Market Authority (EMA), Economic Development Board (EDB), Land Transport Authority (LTA), Building and Construction Authority (BCA) and the Agency for Science, technology and Research (A*Star).

The E²PO has identified the following areas for action in developing a holistic energy efficiency strategy and Masterplan for Singapore:

• Promoting adoption of energy efficient technologies and measures by addressing the market barriers to energy efficiency
• Building capability to drive and sustain energy efficiency efforts and to develop the local knowledge base and expertise in energy management
• Raising awareness to reach out to the public and businesses so as to stimulate energy efficient behaviour and practices
• Supporting research & development to enhance Singapore's capability in energy efficient technologies