Panel Discussion on "An Economy-wide Quantified Goal on Energy Efficiency in India"

July 19th 2023, from 1645 – 1800 hrs at Salao 2, The Grand Hyatt, Goa

The Energy and Resources Institute (TERI) is hosting an official side event during the Clean Energy Ministerial (CEM 14) and Mission Innovation (MI8) which will be held alongside India’s G20 Presidency. The event is being held on the sidelines of the Energy Transitions Working Group (ETWG) of the Sherpa Track of the G20. The panel discussion titled, “An Economy-wide Quantified Goal on Energy Efficiency in India”, will be held on July 19th 2023, from 1645 – 1800 hrs at Salao 2, The Grand Hyatt, Goa.

Energy efficiency is said to be one of the easiest and most cost-effective climate change mitigation strategies and plays a vital role in reducing energy demand and energy wastage. With an aspiration to become a USD 5 trillion economy and with a revised NDC target, India has unique challenges in providing energy security to its vast population and ensuring energy transition. It becomes important to deliberate on the merits and methods of energy efficiency goals and targets in India. While renewable energy takes up a chunk of the public narrative space for clean energy transitions, there exists an imperative need to create a similar understanding on energy efficiency, especially through economy-wide energy efficiency goals.

This panel discussion will deliberate on the need, international practices, methods and issues of having an economy-wide quantified energy efficiency target for India, as a part of the country’s clean energy and climate target. This can also contribute to India’s NDC targets to meet the goals set in the Paris Agreement.

RSVP: John Andruse, johna@teri.res.in