En­ergy Ef­fi­ciency

Power Watch India - - COVER STORY -

At the re­cent Delhi Sus­tain­able De­vel­op­ment Sum­mit, Mr Kan­deh Yumkella, Di­rec­tor-gen­eral of the United Na­tions In­dus­trial De­vel­op­ment Or­ga­ni­za­tion (UNIDO) and Chair of UN En­ergy, 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.”

To­day, the world is fac­ing high en­ergy prices, threat to­wards en­ergy se­cu­rity and en­ergy poverty as well as in­creas­ing con­cerns to­wards cli­mate change. For the year 2010-35, the world’s en­ergy de­mand would in­crease by 1/3, be­cause of the fol­low­ing main fac­tors:

In­crease in global pop­u­la­tion by 1.7 bil­lion, and High An­nual GDP growth of 3.5% glob­ally

(Source IEA)

En­ergy Ef­fi­ciency could pro­vide the quick­est, cheap­est and most di­rect way to turn these chal­lenges into real op­por­tu­ni­ties. Rapid growth of any econ­omy re­quires huge quan­tum of en­ergy re­sources. In­dia is one of the world’s fastest grow­ing economies hav­ing third largest en­ergy con­sumer ac­count­ing (about 5% of the world’s to­tal an­nual en­ergy con­sump­tion). Pro­jected GDP growth in In­dia stands at 9% giv­ing boost to fur­ther in­dus­trial de­vel­op­ment and im­prove­ment of the well-be­ing of the na­tion. To meet in­creas­ing en­ergy de­mand in the coun­try in­stalled ca­pac­i­ties are ex­pected to grow at 7% an­nu­ally.

The in­stalled power gen­er­a­tion ca­pac­ity in In­dia has grown 94 times since in­de­pen­dence and the to­tal in­stalled

Rapid growth of any econ­omy re­quires huge quan­tum of en­ergy re­sources. In­dia is one of the world’s fastest grow­ing economies hav­ing third largest en­ergy con­sumer ac­count­ing (about 5% of the world’s to­tal an­nual en­ergy con­sump­tion). En­ergy Ef­fi­ciency could pro­vide the quick­est, cheap­est and most di­rect way to turn these chal­lenges into real op­por­tu­ni­ties.

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