“As part of its net zero commitments, India is taking various measures to encourage energy transition for industries in the domestic market as well as at the global level,” a senior authorities official has mentioned.
Abhay Bakre, Director General (DG) of Bureau of Energy Efficiency (BEE), additional mentioned that various forward-looking measures are slated to be mentioned on the upcoming meets of the Energy Transitions Working Group (ETWG).
BEE, beneath the Ministry of Power, promotes using energy-efficient processes, gear, units and programs. It takes various steps to encourage preferential remedy for using energy-efficient gear or home equipment.
“The meetings to be held under India’s G20 presidency will focus on “accelerating energy transition in hard-to-abate sectors, need for expanding markets for low carbon industrial products through standards for green materials and development of a common mission on energy efficiency that elevates, supports and invests with a particular focus on developing economies,” he advised PTI throughout an interplay.
The third and fourth conferences of ETWG are scheduled to be held on May 15-17 in Mumbai and on July 19-20 in Goa.
The grouping led by India will give attention to the necessity for platforms to spotlight greatest practices when it comes to coverage improvement and inducing behavioural adjustments for efficient outcomes, accelerating efforts on adoption of super-efficient home equipment and their future deployments via applicable incentives.
The members may even focus on prioritising citizen-centred approaches for behavioural shifts which can be conducive for financial restoration in areas, sustainable job creation, enhancements in well being and residents welfare, and energy safety.
On various steps being taken by India, the official mentioned, “India has emphasised on the importance of carbon pricing in reducing greenhouse gas emissions and urged G-20 countries to explore options for implementing carbon pricing mechanisms.”
India is encouraging the member international locations to enhance their investments in clear energy applied sciences, together with photo voltaic, wind, and energy storage. It has additionally highlighted the significance of bettering entry to finance for clear energy tasks.
In space of energy effectivity, India has highlighted its efforts in decreasing energy demand and emissions. It has instructed G-20 international locations to undertake energy-efficient applied sciences and practices, significantly within the constructing and transportation sectors.
In India, the federal government launched Ujwal DISCOM Assurance Yojana (UDAY) which goals to enhance the monetary well being of state energy distribution corporations by decreasing their debt burden and bettering their operational effectivity.
Similarly, Pradhan Mantri Ujjwala Yojana (PMUY) was launched in 2016 to present clear cooking gasoline to ladies in rural areas. The scheme supplies free LPG connections to eligible households and has already benefitted greater than eight crore households.
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Initiatives similar to Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) India Scheme and Atal Jyoti Yojana promote the adoption of electrical and hybrid autos and solar-powered lighting to rural areas, a transfer which reduces emission footprint.
“The India-led International Solar Alliance (ISA) is a coalition of solar-rich countries aiming at promoting solar energy globally. These steps have helped India to increase its renewable energy capacity significantly and reduce its reliance on fossil fuels. The government’s efforts towards energy transition are expected to continue in the coming years to achieve its target of net-zero emissions by 2070,” he mentioned.