Establishes the framework and conditions for the National Programme for the Management of Energy, outlining parameters for: efficient consumption, energy conservation/energy efficiency, the reduction of GHG emissions and general air pollution, the education of both government agencies and the populace regarding energy efficiency, and the development of renewable energy technologies and sources inclusive of solar, geothermal, hydropower, and biomass.
 
 Authorises the use of financial incentives for projects and investments in energy efficiency and renewable energy, in addition to establishing the parameters for: (i) energy efficient building standards, (ii) a mandatory energy auditing system for industry, transport, and service sectors, and (iii) sanctions for non-compliance.
 
 Establishes a National Fund for Energy Management, supported by taxes on domestic energy consumption, state subsidies, and fines for non-compliance pursuant to this law.