Impact of energy efficiency measures for the year 2018-19 report released

Impact of energy efficiency measures for the year 2018-19 report released

Part of: GS Prelims and GS-III – Infrastructure (Energy) 

In News:

• The Union Minister of Power has released a Report on “Impact of energy efficiency measures for the year 2018-19” recently.

Key takeaways from the report:

• India has reduced the energy intensity of economy by 20% compared to 2005 levels. 
• Total electricity savings is up to 9.39% of the net electricity consumption (113.16 Billion Units) in 2018-19.
• The total energy savings in 2018-19 is 2.69% of the total primary energy supply (23.73 million Tonne of Oil Equivalent). This includes both supply side and demand side sectors of the economy.
• 151.74 Million Tonnes of Carbon Dioxide (MTCO2) emissions have been reduced. Last year it was 108 MTCO2.

Important value additions:

Impact of energy efficiency measures for the year 2018-19 report

• It was prepared by an Expert agency PWC Ltd, which was engaged by Bureau of Energy efficiency (BEE) for an independent verification to assess the resultant annual savings in energy as well as CO2 emissions through various initiatives in India.
• Objective: To evaluate the performance and impact of all the key energy efficiency programmes in India, in terms of total energy saved and the related reduction in the CO2 emissions.
• It assesses the resultant impact of current schemes at national and state level for the FY 2018-19.
• It then compares the result with a situation where the same schemes were not implemented.

The Bureau of Energy Efficiency 

• It is an agency of the Government of India, under the Ministry of Power created in March 2002 under the provisions of Energy Conservation Act, 2001. 
• Function: To develop such programs which will increase the conservation and efficient use of energy in India.