In news:
Recently, the Union Minister of State (IC), Power and New & Renewable Energy & Minister of State, Skill Development and Entrepreneurship, released a Report on “Impact of energy efficiency measures for the year 2018-19”
This report was prepared by an Expert agency PWC Ltd, who was engaged by Bureau of Energy efficiency (BEE) for an independent verification to assess the resultant annual savings in energy as well as CO 2 emissions through various initiatives in India.
What is energy efficiency:
Energy efficiency simply means using less energy to perform the same task – that is, eliminating energy waste. It is the the most immediate – way to reduce the use of fossil fuels.
Various findings of the report:
- Various energy efficiency schemes have led to total electricity savings to the tune of 16 Billion Units in 2018-19, which is 9.39% of the net electricity consumption.
- Various energy efficiency measures have translated into savings worth INR 89,122 crores (approximately).
- These efforts have also contributed in reducing 74 Million Tonnes of CO2 emissions.
- India pledged in COP-21 that we will bring down energy intensity of economy by 33 to 35% compared to 2005 levels by 2030.
- Now, with our energy efficiency initiatives we have already reduced the energy intensity of our economy by 20% compared to 2005 levels which is a very good performance indeed.
Study has identified following major programmes, viz.
- Perform, Achieve and Trade Scheme
- Standards &Labelling Programme
- UJALA Programme
- Municipal Demand Side Management Programme, etc.
Perform, Achieve and Trade Scheme:
- A flagship progarmme of Bureau of Energy Efficiency under the National Mission for Enhanced Energy Efficiency (NMEEE).
- It is a regulatory instrument to reduce specific energy consumption in energy intensive industries.
- It is a market based mechanism under which industries saving excess energy can trade energy certificates in the markets.
Standards &Labelling Programme:
- To provide the consumer an informed choice about the energy saving and thereby the cost saving potential of the relevant marketed product.
- The scheme targets display of energy performance labels on high energy end use equipment & appliances and lays down minimum energy performance standards.
UJALA: Unnat Jyoti by Affordable LEDs for All
- It is the world’s largest domestic lighting programme.
- It is developed to address India’s high cost of electrification and high emissions from inefficient lighting.
- EESL procures the appliances and provides them to consumers at an accessible rate.
- Municipal Demand Side Management Programme:
- To improve the overall energy efficiency of the ULBs
- This could lead to substantial savings in the electricity consumption, thereby resulting in cost reduction/savings for the ULBs.
- National Mission for Enhanced Energy Efficiency (NMEEE):
- It is one of the eight national missions under the National Action Plan on Climate Change (NAPCC).
- It aims to strengthen the market for energy efficiency through implementation of innovative business models in the energy efficiency sector.
- NMEEE consist of four initiatives to enhance energy efficiency in energy intensive industries which are as follows:
Source:”PIB/BEE “.
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