A recent study by the World Resources Institute (WRI) calculates that India could reduce its annual electricity usage by 183.5 billion kWh by investing US$10 billion in energy efficiency improvements. A doubling of demand by 2030 will mean accelerated generation. Energy savings is the cheapest way. Nuclear power is five times more expensive than the energy savings accrued!
However, the biggest barrier for energy efficiency improvement in India is not cost, but the availability of qualified technology, products, and people, says the study. India desperately needs energy efficiency technology providers, equipment manufacturers, and — above all — energy service providers (ESCOs) which though growing at 68 percent is still too small to address the task.
What plans does the new government have to tackle energy efficiency? Is there really a dearth of qualified people? Is there lack of incentives, encouragement?
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