Perform, achieve and trade scheme will be implemented from next April
The Bureau of Energy Efficiency (BEE), Government of India, will announce the target for perform, achieve and trade (PAT) scheme for energy efficiency in December this year, said Ajay Mathur, Director General of BEE, here on Friday.
Speaking at the inauguration of ‘Energy and Efficiency Summit-2010' organised by the Confederation of Indian Industry, Dr. Mathur said the PAT programme would be implemented from April next year.
Under this programme the BEE would set energy conservation targets for 714 identified companies in designated energy intensive sectors. Those who exceed the targets would get tradable ‘Energy Certificates' and those who miss the target would have to buy energy certificates to make up for their inadequate performance, he said.
In order to familiarise and facilitate the industries to participate in the PAT scheme, BEE would conduct meetings with the CEOs of Corporate houses in State in the next two months, he said.
Investment in energy efficiency would save operational and environmental costs and make industrial units globally competitive, said Rajeev Ranjan, Principal Secretary, Industries Department, Tamil Nadu. Energy efficiency was a key factor in the national movement for competitiveness.
He called for greater co-operation between the private sector and public sector and industry institutions such as CII and the government organisations to implement the energy efficiency programmes in a time-bound manner. “There is a need for multi-sectoral and cross discipline participation for this,” he said and proposed that energy deficiency could be made up with energy efficiency.
Naushad Forbes, Chairman, Energy Summit 2010, said there were three cardinal principles for taking up energy efficiency and conservation programmes. The first principle was to be specific about the saving potential and the target to achieve. The second was to identify where a company was in terms of energy consumption and the third principle was to ensure that the achievements and benefits were sustained.
T.T. Ashok, Deputy Chairman, CII Southern Region, said energy conservation was the need of the hour.
While new capacities were necessary to meet the growing demand, conservation of power was more economic and a good business practice for industries.