Distinguished Lecture Series: Ajay Mathur — Energy Efficiency in India: Challenges and Initiatives
May 13, 2010
Dr. Ajay Mathur
The Energy Conservation Act of 2001, and the National Mission for Enhanced Energy Efficiency in 2008 provide the framework for initiatives to overcome the challenges that limit energy efficiency investments in India. Over the past few years, initiatives have been introduced to promote: adoption of energy efficient consumer appliances through energy labelling; design of energy-efficient commercial buildings based on an Energy Conservation Building Code; energy conservation in buildings and municipalities through performance contracting by ESCOs; market transformation towards energy efficient appliances (such as CFLs) through demand side management programmes; and enhanced focus on energy efficiency investments in industry due to energy data reporting and bench marking practices. However, there continue to be energy efficiency opportunities that remain unexploited because challenges such as higher first costs, coupled with inadequate information on energy performance of appliances and equipment; financial, technical and transactions risks associated with the adoption of new energy efficient technologies; and split incentives, especially in the buildings sector. The unlocking of this potential is essential to meet national goals of access to energy for all, reduced vulnerability to shocks in energy imports; and better urban air quality. Additionally, as a co-benefit, these actions also further mitigate greenhouse gas emissions.
This talk will cover the challenges and opportunities confronting India as it pursues policies to unlock the full potential of energy efficiency in the country.