Garnaik calls for conducive environment for technology adoption
Energy efficiency needs National level programs similar to the Perform Achieve and Trade (PAT) scheme in the Government-led carbon emission reduction targets, says S P Garnaik, Country Representative India (In-Charge), Asia Regional Lead (Energy Efficiency), Global Green Growth Institute (GGGI) India https://gggi.org/ .
The areas that need to be given thrust to double the rate of energy efficiency which include decarbonization, clean fuels (Green Hydrogen, bio-fuels etc.), digitalization, sustainable buildings, penetration of smart appliances and incentives, he said at a roundtable.
The roundtable, held 10 Apr, discussed ‘Doubling the Rate of Energy Efficiency of Indian Industry 2030’ https://ficci.in/api/home .
Speaking on the merits of the energy efficiency, he added that about 30-40% country’s carbon emissions targets to be achieved through energy efficiency.
In order to accelerate energy efficiency, Garnaik emphasized the need to create conducive environment for technology adoption, financing and design National level programs for industries in the following key areas Waste Heat Recovery, Industrial pump replacement program, Motor replacement, Electrification of Industries and Digitalization and Smart Metering https://www.hitachi.com/ .
Abhishek Gupta, Head-International Business, Energy Efficiency Services Limited, talked about need for replicable models for Energy Efficiency programs like National Efficient Cooking Program (NECP), Clean Cooling https://www.daikinindia.com/ , lighting program and national motor replacement program.
Rajiv Kumar, General Manager, Small Industries Development Bank of India (SIDBI) https://www.sidbi.in/en/ said, “We can easily double the Energy Efficiency in MSME sector. They have created financing products in various area including solar rooftops, energy efficiency – machine upgradation, electric vehicles and waste minimization as well as waste to energy. Fiinews.com
