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that energy efficient units will have low target of percentage reduction, as compared to less energy efficient units which will have higher targets. Overall, the SEC reduction targets aim to secure 4.05% reduction in energy consumption in these industries totalling an energy saving of 6.686 million tonne of oil equivalent b. Market Transformation for Energy Efficiency (MTEE): Under MTEE, two programmes have been developed i.e. Bachat Lamp Yojana (BLY) and Super Efficient Equipment Programme (SEEP) c. Bachat Lamp Yojana (BLY): It is a public-private partnership program comprising of BEE, Distribution Companies (DISCOMs) and private investors to accelerate market transformation in energy efficient lighting. Under this program, over 29 million incandescent bulbs have been replaced by CFLs under this programme. In the next phase of BLY, BEE will promote use of LED lights using the institutional structure of BLY Programme. BEE provides support to Rural Electrification Corporation (REC) for framing technical specification and monitoring and verification of the energy savings from the LED bulbs distributed under RGVVY scheme to BPL households. BEE will also undertake outreach activities to promote large scale adoption of LEDs d. Super Efficient Equipment Programme (SEEP): The other component under MTEE is a new programme called Super-Efficient Equipment Programme (SEEP). SEEP is a program designed to bring accelerated market transformation for super efficient appliances by providing financial stimulus innovatively at critical point/s of intervention. Under this program, ceiling fan has been identifies as the first appliance to adopted. SEEP for ceiling fans aims to leapfrog to an efficiency level which will be about 50% more efficient than market average by providing a time bound incentive to fan manufacturers to manufacture super efficient (SE) fans and sell the same at a discounted price. The goal is to support the introduction and deployment of super efficient 35W ceiling fans, as against the current average ceiling fan sold in Indian market with about 70W rating. e. Energy Efficiency Financing Platform (EEFP): Under this programme, MoUs have been signed with financial institutions to work together for the development of energy efficiency market and for the identification of issues related to this market development. f. Framework for Energy Efficient Economic Development (FEEED): Under this initiative two funds have been created viz. Partial Risk Guarantee Fund for Energy Efficiency (PRGFEE) and Venture Capital Fund for Energy Efficiency (VCFEE). viii. National Energy Conservation Awards The annual energy conservation awards recognize innovation and achievements in energy conservation by the industries, buildings, zonal railways, state designated agencies; manufacturers of BEE star labelled appliances, electricity distribution companies, municipalities and raise awareness that energy conservation plays a big part in India’s response to reducing global warming through energy savings. The awards are also recognition of their demonstrated commitment to energy conservation and efficiency. The scheme has motivated industry and other establishment to adopt energy efficiency measures. Number of participating units has gone up from 123 in year 1999 to the current level of more than 1000 in year 2014. Electrical energy savings in terms of equivalent avoided capacity (mw) per year by the participating units through implementation of energy saving projects. This has resultant in avoiding an equivalent capacity of more than 700 Mw. Participating units invested Rs. 9091 Crores in energy conservation measures, and achieved monetary savings of Rs. 4817 Crore While so much talk on the policy side and the initiative taken to bring in efficiencies at all stages, an important factor remains, the cost of storage of power. The current cost of storage through batteries is extremely high and while the researches are busy in bringing in more efficient and powerful storage systems, there is a need to switch to use more concurrent loads to minimise the storage costs especially when dealing with Solar power options. A possibility Success Stories Global think tank–Development Alternatives, through its SPEED (Smart Power for Environmentally sound Economic Development) project is contributing to positive impact on the lives of poor and vulnerable populations by providing affordable and reliable clean energy to rural communities, thereby enhancing livelihood security and improving the quality of life in the underserved regions of the country. The SPEED projects are based on a ‘for-profit social enterprise business model’ set up to provide a return to investors and at the same time provide a service to low-income customers. Solar electric (photovoltaic) panels are used as the preferred technology for electricity generation in the SPEED projects, as they do not need huge infrastructure and are thus more economically viable. A SPEED project has been successfully implemented in Fakirtoli village of Amnour block in the Saran district of Bihar. The village constitutes of 120 households and 80 shops. 70 households and 50 shops have been provided electricity through TARAoorja (solar power plant). Migration of the villagers so far off cities for earning their livelihood has slowed the process of providing 100 percent electrification in this village. Increasing access to solar power is a win-win for both people and profit. In the recent past before the SPEED project came to this village, people used to spend Rs 10 per day approximately for using a single dim kerosene lamp. Paying to have a mobile phone charged cost around the same, not taking into account the time to get the phone to a place with electricity. Now after implementation of the SPEED project, the saving on kerosene and phone charging made over six months more than covered the cost of a LED bulb. Energy as a service in Fakirtoli village has created a new hope of ending energy related poverty, which had prevented the progress of both human and economic development to switch to DC based devices that consume less power than AC devices, is an addition opportunity. This opens up another area of DC grids especially to meet our demand in case of decentralised power options in rural sector DC grids are more efficient options ENERGY EFFICIENCY 46 energetica INDIA · JAN | FEB16


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