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Energy Awareness
In times as now, when the world is moving towards an impending energy crisis, promoting public understanding and awareness about different kinds of energy generation, dissemination and their consumption has become important. While the nation’s appetite for electricity consumption is growing at a steady rate, the resources are getting scarce every day. In the wake of this crisis, it becomes essential to educate consumers about energy and its rightful usage, and the necessary steps that consumers should take to reduce their demand for electricity as well as their sky-high energy bills.
Because of the limited amount of non-renewable energy sources on Earth, it is important to conserve our current supply or to use renewable sources so that our natural resources will be available for future generations. Energy conservation is also important because consumption of non-renewable sources impacts the environment. Specifically, our use of fossil fuels contributes to air and water pollution. For example, carbon dioxide is produced when oil, coal, and gas combust in power stations, heating systems, and car engines. Carbon dioxide in the atmosphere acts as a transparent blanket that contributes to the global warming of the earth, or 'greenhouse effect.' It is possible that this warming trend could significantly alter the climate. Possible impacts include a threat to human health, environmental impacts such as rising sea levels that can damage coastal areas, and major changes in vegetation growth patterns that could cause some plant and animal species to become extinct.
Indian Electricity Sector provides enormous opportunities for energy service companies and also for those who manufacture energy efficient equipment, gadgets and devices. It has been established that energy efficiency projects, when appropriately implemented, could lead to a saving of as much as 23% of energy consumption.
Why Conserve Energy
India needs to add 12000 MW of electricity every year to meet the growing demand of power consumption in the country, especially in the industrial sector, which accounts for 56% of total energy consumed. This would require an enormous annual investment - of nearly 50,000 crores! Efficient demand side management supported by innovative energy conservation techniques in the industrial and commercial sector could save around 25% of consumption, which is equivalent to 30,000 MW of power generated.
India has 15% of world population but has only 2% of world oil reserves and hence it’s time for industries and commercial establishments to focus on energy conservation by adopting latest technologies and devices. In the last 10-15 years, the cost of power in the country has risen manifold impacting the competitiveness of the industry. This further calls for energy conservation.
Conserving or saving energy follows a national concern. Efficient Energy Management is a key to sustain the Competitiveness of the Indian Industry. Energy efficiency will lead to benefits in terms of competitiveness and a better share of the international market. Energy saving requires not just efficient equipment, appliances and gadgets, but most importantly requires a change in the habits and attitude that we have towards energy in general and electricity in particular.