Thank You, Shri Bhupender Singh Yadavji
{ Minister for Environment }
What for ?
For advising BEE to develop a Carbon Trading Scheme for
Energy Sector, as suggested in my earlier e-mail of 12
March 2021
Context :
Carbon
credits could boom in the age of net zero /
Business Line / 30 May 2022
Extract :
Says Niroj Mohanty, Managing Director and CEO, Core
CarbonX,
{ nmohanty@corecarbonx.com / info@corecarbonx.com }
“India has the potential to be one of the largest carbon credit markets globally, as the government pushes for a uniform carbon trading market.
In March 2022, the Ministry of Environment, Forest and Climate Change
(MOEFCC) advised the Bureau of Energy Efficiency (BEE) to develop
a carbon trading scheme for the energy sector by broadening the
scope of the existing energy-saving trading mechanism.”
According to Mohanty, this initiative will create a uniform market policy
and regulatory framework based on demand generation.
“Today, there is little demand for carbon credits in the domestic market on a voluntary basis. The major share of carbon credits from the voluntary market in India is being sold internationally. But the appetite for this will evolve over the next two to three years, as global demand and pressure for net zero commitments from various industries grows,” he says.
With the
carbon market under BEE, most of the energy-intensive industries will be part of the domestic
carbon market, where there will be greater focus on
harmonising with PAT ( perform, achieve and trade ) parameters. It will
kickstart both the voluntary and compliance markets.
MY
SUGGESTION :
Ø Carbon
Finance through Carbon Credits ……..[ 12 Mar 2021 ]
Extract :
Here is a partial list of domestic appliances which consume
electricity ( apart from LED bulbs ) :
TV sets – Refrigerators – Air Conditioners – Fans – Deep Freezers –
Ovens – Electric Stoves – Mixers – Computers – Cloths Washing
Machines – Dish Washers – Radios – Tablets – Robotic Floor
Sweepers – Massagers – etc
Ø By 2030, all of these must be made “ Energy Efficient
Appliances “
, certified by Bureau of Energy
Efficiency [ BEE ]
Ø Just as was done in respect of ICE vehicles ( BS IV > BS VI
compliance ), all electric Appliance
mandated to switch over to manufacture of only BEE
certified appliances in 4 phases
( April 2022 – 24 – 26- 28 )
Ø Each such appliance MUST be pre-installed / integrated
with SENSORS which
will continuously
# State
of Usage ( ON or OFF )
# Rate
of Consumption of electricity ( Units )
These INTERNET-CONNECTED appliances will continuously relay /
transmit these data to
in each home
In turn, each SMART METER will relay / transmit to concerned
DISCOM ( and to any
other specified
such usage / consumption
data, through Internet ( IoT / Internet
of
Everything ).
These data-transfer will be separate for EACH INDIVIDUAL
APPLIANCE
This will enable DISCOM / concerned Agencies, to know /
monitor, IN-EFFICIENT appliances,
CERTIFIED THRESHOLD for each type of appliance
Appliances operating “ above “ the threshold, will be assigned /
allotted “ CARBON DEBITS “
, whereas
the threshold, will be assigned “ CARBON CREDITS “
If the NET of these two is POSITIVE ( + ), that home will be
incentivized by a
lower tariff – and vice-versa
This model ( of INCENTIVIZATION ) must be further strengthened
by measuring the
amount of ROOF
into the SMART METER , with appropriate linkages to CARBON
CREDIT
This linkage will motivate a large number of households to install
ROOF TOP solar
panels
This
scheme will enable us to take the CARBON MARKET / CARBON CREDIT / CARBON
Ø All manufacturers of House-hold Electric Meters must be told to
manufacture only SMART ELECTRIC
Ø All DISCOMS to replace existing meters in each and every
home, with a SMART METER, by April 2024
This is only a CONCEPTUAL FRAMEWORK whose details are not
difficult to work out
Dear
Shri R K Singhji
During past 3 years, you have initiated many reforms to replace
FOSSIL-FUEL power with
RENEWABLE
If implemented, my above-mentioned suggestion will ensure that we
exceed our
commitment given in
With Regards,
Hemen Parekh / hcp@RecruitGuru.com / 30
May 2022
======================================
CC:
Mr Abhay Bakre [ Director General - BEE / dg-bee@nic.in] |
Mr Manish Dabkara [ CMD & CEO - EKI Energy Services Ltd / manish@enkingint.org ]