peaking recently at the 12th Delhi Sustainable Development Summit, Mr Kandeh Yumkella, Director General of the United Nations Industrial Development Organization (UNIDO) and Chair of Un-energy, urged countries across Asia to commit to achieving sustainable energy for all by the year 2030, by increasing access to energy, improving energy efficiency and increasing the use of renewables. He said, “Reaching the goal of sustainable energy for all will require action by all countries and all sectors to shape the policy and investment decisions needed for a brighter energy future. Industrialized countries must accelerate the transition to low-emission technologies. Developing countries, many of them growing rapidly and at large scale, have the opportunity to leapfrog conventional energy options and move directly to cleaner energy alternatives that will enhance economic and social development.”
Indeed, the world today is grappling with high energy prices, fuel uncertainty and energy poverty. The scenario in India is especially grim. For one of the world’s fastest growing economies, where installed power generation capacity has grown 94 times since independence, the peak demand shortage hovers around 10.5 per cent with an energy deficit of 8.2 per cent, and is consistently increasing. Demand is likely to increase by 43.7 per cent in 2016-17 as compared to 2011-12.
This is where a focused approach to conservation and energy efficiency could provide the quickest, cheapest and most direct way to turn these challenges into real opportunities.
Under the aegis of the Bureau of Energy Efficiency, PAT, NMEEE and other mechanisms are being adroitly adopted and encouraged. While the government is doing its bit, the private sector is also pitching in. The focus of this issue is therefore, on energy efficiency – whether in generation, the adoption on newer and better technologies, metering and energy management services.
To quote Yumkella, “Reaching the goal of sustainable energy for all will require action by all countries and all sectors to shape the policy and investment decisions needed for a brighter energy future.” Our regular sections follow. Wish you all a happy and informative read.