Page 22 - Book_Wec 06-09-SINGLES-Hi-Res
P. 22

The role of energy efficiency is crucial
                  nErGy is a critical enabler and economies require reliable energy
                  sources to underpin their development and prosperity. Provision   in achieving India’s emission intensity
             Eof reliable, affordable and sustainable energy services to indus-
             try, commercial and retail consumers paves the way for an enhanced   reduction targets
             lifestyle, improved health, increased productivity and economic growth.
               The global energy ecosystem is in the midst of a transformation
             at a scale and pace perhaps unseen in a century and will be multi-  newable energies into an innovative sustainable energy system, end
             directional in nature. Deep trends in the global economy, including   use fuel switches, Electric Mobility solutions, its potential for grid
             industrialisation in emerging markets, changing demographics, rising   management, embracing of shared assets & services, consumers
             nationalism, and innovations affecting cost and efficiency are over-  turned prosumers (person who consumes and produces a product)
             turning past assumptions about the demand for energy – and the sup-  and connected consumers. This calls for creating a flexible, smart
             ply of fuels and feedstock’s that drive it.                     network of generators both conventional and  rE; energy storage
               Global energy sector is undergoing a grand transition towards   solutions, decentralised generation.
             sustainable energy systems. This transition entails integration of re-  Technology disruptions have unlocked vast new sources of energy



             Power ScenarIo



             growth in conventional generation (bU)                       StepS taken by government for power Sector

                                                                             1   Electricity Act 2003: Unbundling & creation of competition in power sector in india.
                                                              1250               Promotes cogeneration &  generation from renewable energy sources.
                                                         1206
                                                   1160                          National Electricity Policy 2005: Deregulation & restructuring for tariff setting and
                                                                             2
                                              1107                               transparent subsidy managemen. Development of decentralised distributed generation facility
                                         1049
                                    967                                      3   Amended National Tariff Policy 2006: 24 X 7 Power Available to all by 2022.
                                                                                 introduction of Smart Meters in a phased manner.
                               912
                          877                                                    Rural Elections 2006: DDUGJY : Separation of agriculture and non agriculture feeders.
                    811                                                      4   Village Electrification where grid connectivity is either not cost effective or feasible.
               772
                                                                             5   Off-Grid Schemes: SAUBHAGYA scheme, off grid and decentralised solar application
                                                                                 schemes.

                                                                             6   Ultra Mega Power Projects: Super Critical Technology with higher fuel efficiency & low
                                                                                 GHGs. Delopment of large capacity power plants at national level

                                                                             7   Amendments & Power Market Regulations: Setting up of Power exchanges.
                                                                                 Trading of Renewable Energy Certificates (RECs).

                                                                             8   5th Amenedment Regulations, 2016: to share inter state transmission
                                                                                 charges & losses.

                                                                             9   Naional Tariff Policy 2016: Procurement from waste to energy plant
                                                                                 mandatory. Renewable Generation Obligations (RGOs).
                2009-10  2010-11  2011-12  2012-13  2013-14  2014-15  2015-16  2016-17  2017-18  2018-19  10  Electricity (amendment) act, 2018: To promote competition & efficiency






             8                                                                                                  shaping new energy dimensions
   17   18   19   20   21   22   23   24   25   26   27