New initiatives to enhance energy efficiency under National Mission for Enhanced Energy Efficiency
Q. Which of the following are new initiatives to enhance energy efficiency under National Mission for Enhanced Energy Efficiency?
1) Perform Achieve and Trade
2) Framework for Energy Efficient Economic Development
3) Market Transformation for Energy Efficiency
4) BEE star rating- Published on 28 Aug 15a. 1, 2 and 4
b. 1, 2 and 3
c. 2, 3 and 4
d. All of the above
ANSWER: 1, 2 and 3
There are four new initiatives - A market based mechanism to enhance cost effectiveness of improvements in energy efficiency in energy - intensive large industries and facilities, through certification of energy savings that could be traded (Perform Achieve and Trade); Accelerating the shift to energy efficient appliances in designated sectors through innovative measures to make the products more affordable (Market Transformation for Energy Efficiency); Creation of mechanisms that would help finance demand side management programmes in all sectors by capturing future energy savings (Energy Efficiency Financing Platform); Developing fiscal instruments to promote energy efficiency (Framework for Energy Efficient Economic Development).