India has always been at the forefront of energy conservation, a commitment evident in the establishment of the Perform Achieve and Trade (PAT) scheme. Instituted under the Bureau of Energy Efficiency’s oversight, this programme is an innovative approach to ensure energy efficiency across different industrial sectors. This article delves into Read more…
The energy landscape is rapidly evolving with ESCerts (Energy Saving Certificates) becoming an integral part of energy-saving initiatives. ESCerts play a pivotal role in incentivizing energy efficiency and carbon emission reductions. 1. ESCerts Issuance and Relevance The Mechanism of IssuanceThe Central Government undertakes the issuance of ESCerts. When a Designated Read more…
India’s efforts in combating climate change have taken a revolutionary turn with the introduction of the Voluntary Carbon Market (VCM). Aiming to fulfill the Nationally Determined Contribution (NDC) under the Paris Agreement, the foundation for this ambitious project is built upon the pre-established PAT program. This article delves into the Read more…
In today’s evolving global landscape, addressing environmental concerns is of paramount importance. One of the prominent efforts in this direction is the European Union – Emissions Trading System (EU-ETS). Introduced in 2005, the EU-ETS serves as a beacon for how nations can collectively work towards combating climate change. Understanding the Read more…
The Paris Agreement and NDCs: Setting the Stage Nationally Determined Contributions (NDCs) anchor the Paris Agreement, delineating each nation’s commitment to the collective ambition of climate action. Their mission is to hold the increase in global average temperatures to levels “well below 2°C” above pre-industrial figures, aiming for the 1.5°C Read more…
IRENA’s Visionary Roadmap The Global Energy Transformation: A Roadmap to 2050 by IRENA offers an expansive vision for the future of energy. At its core, this roadmap is driven by an imperative: the reduction of energy-related CO2 emissions, paving the way for a holistic energy transition and staying within the Read more…
The Landscape of Renewable Energy In the ever-evolving domain of global energy, renewable sources are gaining prominence. From a mere 14% of the total primary energy supply (TPES) in 2016, the ambition is to soar to 65% by 2050. If the IRENA REmap Case becomes the standard, renewable energy use Read more…
Decarbonising the Power Sector: An Ambitious Path to 2050 In the epoch of global climatic challenges, decarbonizing the power sector remains a paramount ambition. By 2050, the electricity realm should ideally be purged of its carbon footprints. With renewables leading the charge, an increased emphasis on energy efficiency, and power Read more…
In the evolving narrative of environmental conservation, the buildings sector stands at a crossroads. As significant contributors to global emissions, there’s an urgent imperative to streamline energy consumption patterns and embrace a robust transition towards renewables. The Forecasted Dip in Energy Consumption By the time 2050 dawns, we anticipate the Read more…
The energy transformation journey is dynamic and multifaceted. We are in the midst of a transition, powered by a slew of innovations that are redesigning the very fabric of the power sector. Ranging from enabling technologies to reimagined business models, these innovations are paving the way for a sustainable and Read more…