Seem News December 2016

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DECEMBER AUGUST 2016 2016

CONTENTS

New Business Models Wanted 4EM is our Ahmedabad International conference that is to discuss the evolving energy models in emerging economies. Why do we need new models of energy now? Development of sustainable energy solutions has a history of more than thirty years. But it is a common assessment that the efforts for sustainable energy have been lacking something seriously, otherwise the expected fuel switching would have been on the track by this time. The last quarter of twentieth century treated renewable sources of energy as ‘non-conventional alternatives’ for the conventional fuels. The 1972 Stockholm conference was convened to highlight the pollution effects of fossil fuels – yet nations of the world over engaged in the search of alternative energy sources in the later years mainly to ensure add-ons if the conventional fuel supply is hit. . The two drivers of sustainable energy – energy security and climate change – though appear to aid mutually, do not orient fully on each other. It is time to grade the perspective and make the preference. We need comprehensive solutions, not just add-ons, if the target of sustainability is in the visible future. If energy is to become part of the infrastructure in the 21st century, such infrastructure development has to be uncompromisingly sustainable. To realize this dream we need to promote new business models in energy too; it is proven that the current models which are mostly state subsidized RE schemes, of limited scope and marginal benefits, cannot take us forward at the desired pace. Business models like ESCO and RESCO need to be promoted through regulations and incentives. Limitations

of present ESCO/RESCO models may be tweaked to receive considerations available for long term infrastructure financing to make it a win-win situation for all stake holders viz-financiers, clients and equipment suppliers. Such fiscal incentives given to energy users will be more effective than subsidies provided to equipment manufacturers. Such a move can catalyze research in energy efficiency as well as commercialization of technologies. Also, let there be large scale entrepreneurial efforts to reduce the carbon foot print by innovative business models of sustainable energy like supply of solar charged battery to replace portable diesel generator, and bottled biogas to substitute for LPG and so on. We need a variety of business models in energy that can attract investors, consultants, agents, dealers and above all the largest section of the society. We need the technologies to be fine-tuned to do useful and reliable service. We need energy business models of large scale. SEEM invites you all to join the brain-storming discussions and debates at Ahmedabad scheduled from 12th to 14th December 2016.

Residential association in energy conservation campaign Dr. Mittal excels again KMA joins SEEM on Energy Talk India to launch clean energy equity fund Overall Indian power deficit at 0.7 Indo-Swiss building energy efficiency project extended to 2021 MNRE eases norms for entry in wind power sector Prime Minister wishes the best to E4M FORTHCOMING EVENTS AND SEMINARS IN ENERGY

Dr. Sasi K. Kottayil President, SEEM

Patron: Dr. Brahmanand Mohanty, Adviser for Asia, ADEME Editorial Team Mr. Sudhir Kumar, Co-ordinator Dr. K.K. Sasi, President, SEEM Mr. C. Jayaraman, General Secretary, SEEM Dr. R. Harikumar, Immediate Past General Secretary, SEEM Mr. K. Madhusoodanan, Editor, EP Research: Asha Ashruf SEEM Executive Council President Dr. K.K. Sasi Vice- President Dr. Pradeep Gupta General Secretary Mr. C. Jayaraman Joint Secretary Design: Mr. R. Jayakumar Andmore Creative Treasurer Mr. A. Santhosh SEEM Executive Council President Immediate Past President Dr. Sasi.K.Kottayil Dr. P. P. Mittal

Vice- President

Members Dr. Pradeep Gupta Dr. R. Harikumar (Immediate Past General Secretary) General Secretary Mr. Akhilesh Kumar Verma Mr. C. Jayaraman Mr. Rajan.M. Menon Joint Secretary Mr. K. Madhusoodanan Mr. R. Jayakumar Mr. G. Krishnakumar Mr. Antony Joesph Treasurer Mr. R. Sudhir Kumar Mr. A. Santhosh Mr. Alpesh Pandya Mr. Mool ChandPast Jain President Immediate Mr. R.K. Dr. P. Yadav P. Mittal Mr. C. S. Azad Members Mr. Viraf Karanjawala

Dr. R. Harikumar (Immediate Past General Secretary) Mr. Akhilesh Kumar Verma Mr. Rajan.M. Menon Mr. K. Madhusoodanan Mr. G. Krishnakumar Mr. Antony Joesph Mr. R. Sudhir Kumar Mr. Alpesh Pandya Mr. Mool Chand Jain Mr. R.K. Yadav Mr. C. S. Azad Mr. Viraf Karanjawala

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