Energy Efficiency Services (EESL), under the administration of Ministry of Power, has signed a Memorandum of Understanding (MoU) with National Energy Services Company, Kingdom of Saudi Arabia to implement energy efficiency programmes and scale-up demand side measures in the Gulf country. The MoU was signed by Waled Alghreri, Chief Executive Officer, National Energy Services Company and Saurabh Kumar, Managing Director, EESL.
As per the MoU, EESL will provide consultancy and expand the capacity of the National Energy Services Company, which is instituted by the Kingdom of Saudi Arabia, to execute energy efficiency programmes. The move comes in the wake of the Arab Kingdom working ardently towards reducing its power subsidies and introducing energy efficiency initiatives. With rapidly increasing population coupled with soaring energy prices, the electricity demand of Saudi Arabia is growing at a rapid pace. According to the estimates by the World Bank, the electricity generated in Saudi Arabia completely relies on non-renewable sources like oil, gas and coal sources .
Keeping this in mind, the National Energy Services Company has engaged with EESL to replicate the success of latter’s street lighting national programme and retrofit of buildings, with energy efficient appliances in Saudi Arabia. EESL has also agreed to depute its officials in Saudi Arabia to provide technical and financial consultancy and monitor the execution of energy efficiency projects.
EESL is working towards promoting energy efficiency in all sectors and is implementing the world’s largest energy-efficiency portfolio (worth £5.6bn over a period of 3 years), marking a 20-fold growth. So far, EESL has retrofitted over 23 crore LED bulbs and 20 crore smart LED streetlights across India through self-sustaining commercial models. In a short span, EESL has retrofitted energy efficient appliances in nearly 30 buildings and has a strong pipeline of covering 1500 more buildings. EESL has pioneered innovative business approaches to successfully roll-out large-scale programmes that allow for incentive alignment across the value chain and rapidly drive transformative impact. EESL aims to leverage this implementation experience and exploit the new opportunities overseas to diversify its portfolio. As of now, EESL has begun its operations in UK, South Asia and South-East Asia.
While, the Modi Government’s focus to shift to green energy mode got another shot in the arm with Union Minister of State (IC) for Power, Coal, New & Renewable Energy, Shri Piyush Goyal releasing the first part of the study “Pathways to Integrate 175 Gigawatts of Renewable Energy into India’s Electricity Grid” at an event organised on 29th June 2017. The second volume, to be released in July, takes a more in-depth look at system operations in the Western and Southern regions.
The study, developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration. The Government of India in 2015 had set the ambitious target of adding 100 GW of solar energy and 60 GW of wind energy into the country’s energy mix.
The report resolves many questions about how India’s electricity grid can manage the variability and uncertainty of adding large amounts of renewable energy into the grid. The results demonstrate that power system balancing with 100 GW solar and 60 GW wind is achievable at 15-minute operational timescales with minimal reduction in renewable energy output. India’s current coal-dominated power system has the inherent flexibility to accommodate the variability associated with the targeted renewable energy capacities.