New Delhi. The Lok Sabha on Monday approved the ‘Energy Conservation (Amendment) Bill, 2022’ which seeks to meet energy requirements from renewable sources for buildings with at least 100 kW of electricity connection. Responding to the discussion on the bill in the Lower House, Union Minister for Power, New and Renewable Energy RK Singh said that we are proud of the country’s achievements in the field of renewable energy as the country has contributed to achieving the goal of renewable energy generation. Big economies and developed countries have not been able to do something that has been achieved. He said that this is because our society is a worshiper of water and sun and the government is concerned about the environment.
Singh said that at the UN International Conference on Climate Change (COP21) held in Paris, India had decided that by 2030, 40 per cent of the electricity generation capacity would be met from non-fossil fuel sources such as renewable energy and clean energy and The country has achieved this target only in November 2021. The Union Minister said that the world is changing rapidly and in such a situation every country has understood that they have to take steps in this direction. In this context, he also referred to the initiative of the European Union to impose a carbon tax. He said that our industries will also have to prepare. Singh said that we have to become an exporter in the field of renewable energy. He said that we have to emerge as exporter of Green Hydrogen, Green Ammonia.
Singh said that many industries have taken initiative in this direction. After the minister’s reply, the House approved the ‘Conservation of Energy (Amendment) Bill, 2022’ by voice vote, rejecting the amendments of some members. In response to the comments of some opposition members on renewable energy targets, Singh said that we have not missed the target, but we are moving ahead. He said that we are also moving ahead in the right way regarding the emission reduction targets. The Bill proposes to use non-fossil sources, including green hydrogen, green ammonia, biomass and ethanol, to meet energy needs, states the objectives and reasons. It states that large residential buildings consume 24 percent of electricity and a provision has been made in this bill to make such buildings more energy efficient and affordable.
FIRST PUBLISHED : August 08, 2022, 22:16 IST