Reason # 1 : India continues to grow rapidly with several expansions and new Industries seeing the light of the day. To support these Industries by relying only on power generation will not be possible and we can certainly see renewed and long-term interest in Energy Optimization. Perhaps it will result in further interest in the form of Government initiatives.
Reason # 2 : With nearly 70% of power from Fossil fuels there is a huge dependence on the same. It has been witnessed in the past (Gulf War etc.) that certain instances can certainly influence the pricing and availability of fossil fuels. There is a gradual shift in focus from reducing dependence on fossil fuels by going for alternative options like Solar Power. However without Energy Optimization a holistic approach to solving the power problem may not be seen. It therefore makes considerable sense to adopt Energy Efficient approach by initiating an Energy Audit.
[Suggested Read - Does Energy Audit really Save Energy?]
Reason # 3 : Large-scale initiatives require Government support. Energy Saving Certificates or E-Certs are Government initiatives to encourage Industrial Plants (especially Energy intensive Industries) to opt for Energy Optimization. This is just the beginning and hence we expect greater action going forward. Moreover there is already a Government directive to penalize Industrial plants which are not adopting energy efficient means of operation.
Reason # 4 : Power deficit and increased demand translates into increased prices. The power prices have already risen several times in the past. This will continue to rise further thanks to coal shortage and freeing up of Coal prices. In a nutshell there would be no option but to go in for comprehensive measures to optimize energy usage and most of it would be outsourced to experts.
There are other reasons which shall be discussed in the next posts.....