IJESD 2016 Vol.7(11): 835-842 ISSN: 2010-0264
doi: 10.18178/ijesd.2016.7.11.891
doi: 10.18178/ijesd.2016.7.11.891
Study of Energy Regulations in India
Aditee Potdar, Seema Unnikrishnan, and Anju Singh
Abstract—This paper reports the energy management
systems in India, describing the command-and-control,
market-based, and voluntary approaches. Energy-related
command-and-control regulations focus majorly on the
electricity sector. Renewable Energy Certificate is a
market-based instrument for promoting renewable sources of
energy and facilitating Renewable Purchase Obligation. An
analysis of the accredited and registered projects under the
scheme has been presented. The Perform-Achieve-Trade scheme
targets eight sectors to promote energy-efficient technology and
issues an energy saving certificate for every metric ton of oil
equivalent of energy saved, which can be traded on special
trading platforms. About 45% of the designated consumers have
met their targets for 2014 - 15 while another 12.5% are on the
verge of it. The voluntary regulations offer flexibility and are
engaged with a broader community. They include diverse
sectors such as households, Small and Medium Enterprises, and
agriculture. The different energy regulation mechanisms have
significantly contributed to energy-efficient technology,
renewable energy, and a restructured electricity sector. The
regulations employing different approaches have helped
minimize the emissions of the energy sector, thereby
contributing towards climate change mitigation.
Index Terms—Command-and-control, market-based mechanism, renewable energy certificate mechanism, perform-achieve-trade scheme, voluntary approach.
The authors are with the National Institute of Industrial Engineering (NITIE), Mumbai, Maharashtra 400087, India (e-mail: aditip17@gmail.com, seemaunnikrishnan@gmail.com, dranjusingh@gmail.com).
Index Terms—Command-and-control, market-based mechanism, renewable energy certificate mechanism, perform-achieve-trade scheme, voluntary approach.
The authors are with the National Institute of Industrial Engineering (NITIE), Mumbai, Maharashtra 400087, India (e-mail: aditip17@gmail.com, seemaunnikrishnan@gmail.com, dranjusingh@gmail.com).
Cite: Aditee Potdar, Seema Unnikrishnan, and Anju Singh, "Study of Energy Regulations in India," International Journal of Environmental Science and Development vol. 7, no. 11, pp. 835-842, 2016.
General Information
- ISSN: 2010-0264 (Print); 2972-3698 (Online)
- Abbreviated Title: Int. J. Environ. Sci. Dev.
- Frequency: Bimonthly
- DOI: 10.18178/IJESD
- Editor-in-Chief: Prof. Richard Haynes
- Managing Editor: Ms. Cherry L. Chen
- Indexing: Scopus (CiteScore 2022: 1.4), Google Scholar, CNKI, ProQuest, EBSCO, etc.
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