Business Standard
Friday, Feb 17, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

'You need proper policy for energy service companies'
Q&A: Tom Cutler, Acting Director (office of European and Asian Affairs), US Department of Energy
Sudheer Pal Singh / New Delhi Nov 23, 2009, 00:51 IST

With the global debate on climate change heating up and nations working out strategies to cut their carbon footprints, energy efficiency has gained a renewed focus in economies across the world. The bilateral co-operation between India and the US in the field of energy-saving technologies, thus, would go a long way in securing energy needs of both the countries, says Tom Cutler, acting director in the Office of European and Asian Affairs, US Department of Energy, in an exclusive interview with Sudheer Pal Singh. Edited excerpts

What is the overall strategy of the co-operation in the energy efficiency sector under the Indo-US Energy Dialogue?
The US Department of Energy (DoE) and the US Agency for International Development (USAID) in particular have been working very closely with various Indian entities, including the power ministry’s Bureau of Energy Efficiency (BEE) and business organisations, such as the Confederation of Indian Industries (CII). The co-operation includes improving the efficiency in Indian buildings and industrial processes, including the adoption of new technologies, energy efficiency assessment and performance evaluation techniques and codes and standards. To achieve maximum effectiveness, these standards and codes have to be implemented and enforced.

Also, the US government, under the India-US Energy Dialogue, is providing a lot of technical assistance in capacity building, including improving the efficiency of coal-fired power generation through our work with NTPC. In fact, under the joint DoE-USAID Greenhouse Gas Pollution Prevention, more than 90 million tonnes of CO2 emissions have been avoided through improved coal combustion techniques. So, when we are talking about efficiency, it is not only in the production of energy but in its delivery and consumption as well. And all these forms of efficiency can improve India’s energy security, economic competitiveness and improve the environment by reducing greenhouse gas emissions for a cleaner energy future.

Do you think the current policy structure in India is conducive for the growth of bilateral trade in the energy efficiency sector?
I applaud the Indian government for the initiatives it has taken and we encourage its continued efforts. We know that, under the climate action plan, there is a mission on energy efficiency. We are trying to build partnerships between the US and India in terms of business opportunities and in terms of joint research and development. I am very optimistic that we will produce breakthroughs that will help India build a more efficient energy economy.

How does this compare with the regulatory regime in the US for energy efficient products and services?
The Obama administration has made energy efficiency an important part of its clean energy agenda and we see the Indian government doing the same. We also see synergies between the entrepreneurial spirit and the technological expertise in the two countries. We feel that if we can partner together, a lot more can be achieved. I believe the large attendance at the energy efficiency conference under our US-India Energy Dialogue and the presence of 16 US energy efficiency firms from the Department of Commerce’s Energy Efficiency Trade Mission demonstrates the interest in American energy efficiency products and services.

What are the major areas of co-operation that emerge for the consideration of the trade mission under the bilateral energy dialogue?
Right now, we are focusing on energy efficiency of buildings, industrial energy efficiency and smart grids. But there are other areas too. We have other programmes under our energy dialogue, like clean coal technology that help improve the efficiency of coal-fired power generation. Another key area that USAID is working on is improving efficiencies in the distribution of electricity in India’s power grid.

What is the driving force for US companies to seek business opportunities in the Indian market in this area?
I think they see that there is a vast market in India for energy efficiency and energy service companies (Escos). But you have to have a proper policy framework and an enabling environment for these companies to flourish. We have 16 companies here and they would not be here if they did not see opportunities to do good business. Many more US firms are seeking business opportunities in India. We feel that by combining the trade mission with this energy efficiency conference, we can reach a critical mass and promote more Indo-US business ventures together. That may improve commercial opportunities for energy efficiency not only in India, but in the US too.

In how much time do you see overall environment of the energy efficiency market in India becoming as flexible as what the US has currently?
That is a difficult question to answer... I must say that I understand the social priorities for Indian policy. But the adoption of market pricing as much as possible will also be an important factor in improving the efficiency in Indian energy consumption.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end higher on firm global cues
- Sena-BJP emerge as largest block in Thane, to retain power
- Nuclear Iran: Anti-India stir gains ground in US
- Tax office seeks review of SC ruling in Vodafone case
- FMC awaits FCRA amendment to decide on pulses trading
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Medium-sized businesses are the engines of a smarter planet.
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
Sorry, comments to this story are closed
Latest Messages
Posted by: Er. Jayant Ingolikar
The issues of energy production and energy conservation two faces of same coin. It is essential that we should ensure the energy production technique is collaborative to energy conservation also. I think we should develop such techniques rather than wasting our time, energy and money in finding ways of evaluation of existing nonefficent energy techniques. The achievement in energy efficency can not be more than 10 to 15 %. We need to develop 100% energy efficient techniques. The concept of energy requirement and its fulfillment has to be revamped. Failure to think in this direction will never lead to us to our goal of 100% energy sufficieny, 100% efficiency and 100% eneviornment protection. I strive to achieve this goal by utilising regenerative echofriendly human energy concept. Only I need a position and a platform to establish what I propose and conceive.
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Army to step up vigil in Uttarakhand
- Marico: Stepping into unchartered territory
- MCX IPO to make staff millionaires
- Sonalde Desai: Sons of the soil
- Asian stocks fall as Greek bailout delay dampens mood
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us