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‘A vital read’ Saurabh Kumar, Executive Vice Chairman, Energy Efficiency Services Ltd Group ‘Authoritative’ Arunabha Ghosh, CEO, Council on Energy, Environment and Water, India ‘A must-read’ Ashok Sarkar, Senior energy specialist, World Bank The historic oil crisis of 1973, which permanently altered significant economic policies worldwide, marked a turning point in India’s energy odyssey, putting the country on the path towards energy efficiency. A young energy researcher at the National Productivity Council at the time, Padu Padmanabhan soon found himself at a juncture that would lead him to the many watershed moments of this journey. Drawing on his extensive subsequent experience at the United States Agency for International Development in India and the World Bank, Padu takes us from the Nehruvian years of idealism, through the five-decade-long quest for fuel efficiency and energy conservation that ultimately paved the way for the shift towards energy-efficient practices. Simple yet highly effective, energy efficiency has come to be known as our first fuel – an inexhaustible source of energy that may be one of the most viable means of combating the consequences of climate change and the indiscriminate use of natural resources. Through lessons gleaned from the implementation of past energy-efficient technology, Padu shows us how this ‘fuel’ can be harnessed for a sustainable future. First Fuel is an invaluable account for not only energy-sector professionals but anyone interested in understanding what it takes to achieve energy efficiency and why we need to urgently adopt such practices. It recommends vital policy and regulatory changes and, in so doing, presents a radical new vision for energy and all its users living in the most critical of times.
REIMAGINING A CLEANER, GREENER, CARBON-FREE WORLD! The current global energy use, with its overwhelming dependence on fossil fuels, has taken global warming to dangerous levels. Climate change is already hitting us hard, through adverse effects on global food availability, biodiversity, rising sea levels and extreme weather events, such as hurricanes and floods. In the last decade, a major transformation-the transition to clean, affordable and sustainable energy from the sun and the wind-is beginning to address these challenges. Fossil Free provides a concise introduction to the challenges, realities and complexities of the global and local energy industry, as well as the trends and forces driving the energy transition. It explains how improved electricity infrastructure, decentralized smart grids, electric vehicles, energy storage and market design are already providing clear pathways for the transition towards green, efficient, affordable and secure renewable energy across the energy-use chain: extraction, conversion, transmission, distribution and end use. For over a decade, Sumant Sinha has had a ringside view of the energy scenario. Having founded and helmed India's leading clean energy company, his understanding of the global energy landscape and climate change brings a unique, holistic perspective on energy. With Fossil Free, Sinha shares his vision for energy which is not only clean, but also practical and affordable.
Historically in India, gas has not enjoyed the same strategic significance as oil. That picture is gradually changing. India imports 82 per cent of its oil needs and aims to bring that down to 67 per cent by 2022 by replacing it with local exploration and alternative energy sources. Natural gas is set to play a key role, with ambitious plans to increase its share in the energy mix from 6.5 per cent to 15 per cent. Increasing natural gas usage can also help India overcome several challenges such as meeting its development objectives, fulfilling mitigation efforts on the climate change front, providing energy security while reducing fiscal imbalance and so on. Needless to say, it will also have a significant bearing on India's geopolitics. Edited by Vikram Singh Mehta, an authority in the energy domain, and with essays by a number of global experts, this anthology lays out a comprehensive roadmap for India's natural gas sector by analysing supply, demand, infrastructure, pricing, regulations, finance, technology, policy and a host of other issues. The Next Stop is an essential overview of the country's emerging energy sector in the twenty-first century
The scope of renewable energy generation technologies has far exceeded that of a laboratory, as they now require large-scale commercial generation. With them relying heavily on policy support, contemporary debates in energy are grappling with how exactly renewable energy should be priced and integrated into market. This book, written from an economics perspective, critically examines the aspects of pricing, regulatory oversight and rules governing the market for electricity generation from intermittent renewable energy sources and associated green product. This book discusses various policy and regulatory initiatives for renewable power generation technologies in India by comparing them with similar measures in some leading countries of the world. It contextualizes the pricing of renewable energy and looks at market-determined renewable energy certificate (REC) mechanism. Finally, it seeks to advance scholarship on green energy and introspects on policy dilemma facing the renewable segment in India and explores the possibility of achieving a level playing field for renewable energy vis-à-vis traditional methods of power generation, through appropriate market mechanism.
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