Thank You, Shri Bhupender Singh Yadavji

 

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 Manufacturers must be

                     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 monitor its,

                   

        #   State of Usage ( ON or OFF )

        #   Rate of Consumption of electricity ( Units )

These INTERNET-CONNECTED appliances will continuously relay /

transmit these data to the SMART ELECTRIC METER installed

in each home

In turn, each SMART METER will relay / transmit to concerned

DISCOM ( and to any other specified govt agency servers ),

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, operating above the

CERTIFIED THRESHOLD for each type of appliance

Appliances operating “ above “ the threshold, will be assigned /

allotted “ CARBON DEBITS “ , whereas those operating “ below “

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 ROOFTOP Solar Power , flowing

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 FINANCE concept, right inside our 290 MILLION households !

             Ø  All manufacturers of House-hold Electric Meters must be told to

                manufacture only SMART ELECTRIC METERS, starting April 2022

                 

             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 power

If implemented, my above-mentioned suggestion will ensure that we

exceed our commitment given in Paris Agreement

 

 With Regards,

Hemen Parekh  /  hcp@RecruitGuru.com  /  30 May 2022

======================================

CC:

Mr Abhay  Bakre   [   Director General - BEE  / dg-bee@nic.in]

Dr  Ashok Kumar [ Dy. Director General - BEE / kumara@beeindia.gov.in ]

Mr Manish Dabkara  [ CMD & CEO - EKI Energy Services Ltd / manish@enkingint.org ]