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14th October 2023 (11 Topics)

Energy Efficiency Services Limited (EESL) e-commerce portal

Context:

The Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings (PSU) under the Ministry of Power, will set up an e-commerce portal that will exclusively feature electric appliances with the highest efficiency ratings.

About the initiative:

  • Aim: The objective of the exercise would be to “create demand” and encourage consumers to opt for electric cookers, fans, refrigerators and other devices that were rated “five star and above”.
  • The portal would initially be for businesses to trade among themselves and later be expanded to wider, retail sales.
  • The EESL is affiliated to the Bureau of Energy Efficiency (BEE) that has for years run a ‘star-rating’ system for electric appliances with the highest-rated appliances having ‘5 stars’.
  • The BEE has made this rating mandatory for 15 appliances and voluntary for 20 appliances for 2023.
  • Ratings are usually only valid for a fixed period.

The agency includes or excludes appliances from the list as it deems necessary from time to time.

  • Need of such an initiative: India has committed to double its energy efficiency by 2030 from 2% to 4%.
  • Significance:
  • As the BEE claims that its rating system, over the years, has prevented 300 million tonnes of CO2.

Bureau of Energy Efficiency (BEE):

  • The Government of India has set up Bureau of Energy Efficiency (BEE) on 1st March 2002 under the provision of the Energy Conservation Act, 2001.
  • The mission of Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles with the primary objective of reducing energy intensity of the Indian economy within the overall framework of the Energy Conservation Act, 2001.
  • This will be achieved with active participation of all stakeholders, resulting into accelerated and sustained adoption of energy efficiency in all sectors.
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