IAS Gyan

Daily News Analysis


14th October, 2023 Economy

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Context: Energy Efficiency Services Limited (EESL) plans to create a special online store where they will only feature the most energy-efficient electric appliances.

Key Highlights

  • Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings (PSU) under the Ministry of Power, plans to establish an e-commerce portal dedicated to showcasing electric appliances with the highest efficiency ratings.
    • The primary objective of this initiative is to generate consumer awareness and encourage the adoption of energy-efficient appliances, particularly those rated "five stars and above."
  • The portal will initially serve as a platform for businesses to trade energy-efficient appliances among themselves and may later expand to encompass wider retail sales.
  • EESL is associated with the Bureau of Energy Efficiency (BEE), which has been running a 'star-rating' system for electric appliances. This system rates appliances from 1 star (lowest efficiency) to 5 stars (highest efficiency) and is designed to guide consumers toward more energy-efficient choices.
  • The BEE has mandated star ratings for 15 appliances and made it voluntary for 20 appliances in 2023. The list of appliances subject to this rating system may change periodically, and the ratings are usually valid for a specific duration. This means that an appliance may change its rating from 5 stars to 4 stars over time.
  • India is committed to doubling its energy efficiency by 2030, from 2.2% to 4%. The BEE claims that its star-rating system has helped prevent the emission of 300 million tonnes of CO2, contributing to India's energy security strategy.

Must Read Articles:

ENERGY EFFICIENCY SERVICES LIMITED: https://www.iasgyan.in/daily-current-affairs/energy-efficiency-services-limited#:~:text=EESL%20is%20a%20joint%20venture,on%20Climate%20Change%20(NAPCC).

Bureau of Energy Efficiency: https://www.iasgyan.in/daily-current-affairs/bureau-of-energy-efficiency


Q. What are the main challenges and opportunities for energy conservation in India, and what policies and initiatives have been implemented or proposed to address them?