Power ministry proposes amendments in EC Act to boost renewable energy consumption – Times of India

NEW DELHI: The ministry of energy has proposed amendments to the Energy Conservation Act, 2001 which embrace provision for specifying the minimal quantum of renewable power within the general consumption by institutions and industrial items.
The amendments are geared toward selling consumption of renewable power.
“Amidst the rising power wants and altering international local weather panorama, the federal government of India has recognized new areas to realize greater ranges of penetration of renewable power by proposing sure amendments to the Vitality Conservation Act, 2001,” an influence ministry assertion mentioned.
The target shall be to boost demand for renewable power on the end-use sectors resembling trade, buildings, transport and so on.
The ministry of energy has ready amendments, after consultations with varied stakeholders.
The proposal contains defining a minimal share of renewable power within the general consumption by the commercial items or any institution, it said.
There shall be provision to incentivise efforts on utilizing clear power sources by way of carbon saving certificates.
Energy minister RK Singh reviewed the proposed amendments just lately and directed to hunt feedback and options from involved line ministries / departments and state governments.
Accordingly, a gathering was held by Alok Kumar, secretary (Energy) with the stakeholders ministries and organisations on October 28, 2021 to provide a remaining form to the proposed amendments within the EC Act.
To evaluation the Act intimately, 4 stakeholder session conferences (one nationwide session workshop and three regional consultations) have been carried out with varied stakeholders to debate and obtain inputs on the doable amendments.
Additional, to the dialogue and stakeholder consultations, the amendments have been proposed to strengthen the establishments initially envisaged underneath the Act.
The proposed amendments would facilitate growth of the carbon market in India and prescribe minimal consumption of renewable power both as direct consumption or oblique use by way of the grid. It will assist in discount of fossil gasoline primarily based power consumption and carbon emission to the environment.
India stands on the forefront of addressing local weather change and has dedicated to an bold nationally decided contribution (NDCs) of decreasing emission depth by 33-35 per cent in 2030 towards the degrees of 2005. The ministry of energy highlighted that India is dedicated to realize greater than 40 per cent cumulative electrical energy put in capability from non-fossil gasoline power sources by 2030.
Moreover, by adopting power effectivity measures, India holds a possible to scale back about 550 MtCO2 by 2030. The proposed adjustments to the EC Act will increase the adoption of fresh applied sciences in varied sectors of economic system.
The provisions would facilitate promotion of inexperienced hydrogen as an alternate to the prevailing fossil fuels utilized by the industries.
The extra incentives within the type of carbon credit towards deployment of fresh applied sciences will end in non-public sector involvement in local weather actions.
The proposal additionally contains increasing the scope of Act to incorporate bigger residential buildings, with an purpose to advertise sustainable habitat.
The ministry of energy has said that the necessity for power is inevitable and with the altering enterprise panorama, it has grow to be much more crucial to deal with the nation’s have to grow to be energy-efficient with out placing additional stress on the setting.
With the modification to EC Act, 2001, the main target is to empower establishments to contribute for Paris commitments and totally implement NDCs in a well timed method, it said.

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