Energy conservation is incredibly important and it could be as simple as turning off lights or appliances when you do not need them.
Following the route of energy conservation, the Ministry of Power has recently organised an event to issue Energy Saving Certificates to best performing Industrial units. More than 57 lacs Energy Saving Certificates have been issued to 349 industrial units because they saved more energy than the targets.
It is worth noting that under the Perform, Achieve and Trade Scheme, Energy Saving Certificates are issued to those plants that have achieved excess energy savings over their targets. The objective is to reduce consumption of fossil fuel, coal, oil and gas thereby leading to a low carbon economy.
The government has realized the need for energy efficiency in the country, therefore, the Ministry of Power has taken several initiatives to enhance the energy efficiency of major industrial sectors. Let’s get to know more about such Energy Efficient Measures.
Bureau of Energy Efficiency
The Government of India has set up the Bureau of Energy Efficiency on 1st March 2002 under the provision of the Energy Conservation Act, 2001. The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles. Its primary objective is to reduce the energy intensity of the Indian economy within the overall framework of the Energy Conservation Act.
The Bureau of Energy Efficiency is also piloting one of the major energy-efficient schemes known as Perform, Achieve and Trade.
Perform, Achieve and Trade is one of the flagship initiatives which was implemented during 2016-19 and till now, it has covered 621 large industries from 11 sectors. It enhances cost-effectiveness through certification of excess energy savings in energy-intensive industries that can be traded.
As per the audit reports, a total energy saving of more than 14 million tonnes of oil equivalent has been observed and it has also avoided 66 million tonnes of CO2 emission. This initiative has resulted in energy savings of Rs. 31,445 crores and industries have reported an investment of over Rs. 43,721 crores.
To encourage the energy-efficient technologies and operational practices in Small and Medium Enterprises, the Bureau of Energy Efficiency has initiated energy efficiency interventions in selected 25 Small and Medium Enterprises clusters. Besides, the Bureau of Energy Efficiency is implementing the Students Capacity Building Programme under the Energy Conservation awareness scheme. Moreover, the promotion of energy efficiency in schools is also being promoted through the establishment of Energy Clubs
Capacity Building of DISCOMS
The objective of the programme is capacity building of DISCOMs for carrying out load management programmes, energy conservation programmes, development of DSM ( Demand Side Management) action plan and implementation of DSM activities. This programme would help the DISCOMs in reducing peak electricity demand so that they can delay building further capacity.
The Indian power sector has undergone a significant change that has redefined the industry outlook. The Government of India’s focus on energy efficiency has accelerated capacity addition in the country.
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