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In a bid to step up ambition and fast-track corporate action on energy productivity in India, The Climate Group convened leading Indian companies and energy experts at a high-level EP100 event in Mumbai.
Led by The Climate Group in partnership with the Alliance to Save Energy, EP100 is a global initiative bringing together a growing group of energy-smart companies committed to using energy more productively.
EP100 has a significant footprint in India. Mahindra & Mahindra was the first company to join the initiative with a commitment to double energy productivity by 2030 compared to a 2008-09 baseline, and EP100 now counts seven Indian companies as members, making it the largest contingent of the initiative’s membership base.
The EP100 event in Mumbai saw the launch of a white paper exploring the opportunity presented by energy productivity for Indian businesses. Drawing on case studies from Indian EP100 members Godrej Industries Limited & Associate Companies (GILAC) and UltraTech Cement, the paper unpacks the core mechanisms of how to implement energy productivity measures and the key levers and technologies available for the transition to take place.
Speaking at the event, Jenny Chu, Head of EP100, The Climate Group, said: “The growing number of Indian companies joining EP100 makes clear that corporate action on smarter energy use not only brings down emissions but also boosts business growth - from enabling energy and cost savings to growing resource efficiency and enhancing competitiveness, energy productivity makes business sense.
“We now need many more companies to put energy productivity at the top of their business agenda, delivering not only on their own climate targets but also supporting the Indian government in bringing down the country’s emissions.”
An emerging paradigm of energy productivity in India
Following in the wake of the recent IPCC special report on limiting global warming to below 1.5°C, the EP100 event in Mumbai brought together businesses and experts ready to take action on delivering a clean economy in India through energy productivity innovation.
Surya Valluri, Joint Executive President, Technical and Performance Monitoring Cell, Ultratech Cement, said: “As cement manufacturers, we are not tech innovators, we are tech convertors. Through (our) leadership, we will bring this change. When the management declares that we are signing a commitment such as EP100, it gives an indirect signal to the shop floor to suggest innovations.”
UltraTech Cement is one of India’s largest cement producers and has a commitment to doubling energy productivity by 2035, compared to a 2010 baseline. To meet this target, the company will explore product modifications and a changing energy mix for fuel and cost optimization, as explored in the white paper.
Commenting on the particular importance of energy productivity over pure energy efficiency, Padu. S Padmanabhan, Executive Council Member, Alliance for an Energy Efficient Economy (AEEE) said, “In India, we need to advance energy efficiency to accommodate energy productivity. In this context, the EP100 initiative will illuminate the path for India to take forward Sustainable Development Goals through the energy productivity route.”
The event also included a discussion on the whitepaper, which brought out perspectives on the technologies that can be used to monitor large-scale energy consumption. Here, technical experts highlighted the need for data technologies and automated decision-making to improve energy productivity at the factory level.
Kalyan Mangalapalli, Vice-President, BD & Strategy, Amzur Technologies said, “While Indian businesses are still it the nascent stage to adopt digitization at scale, the enabling technologies such as IoT and smart grid are available democratically. Digitalization can support smart building's efficient economic interaction with an intelligent grid and opens up a vast opportunity to tap into off-grid and ancillary energy services applications at a reasonably low cost.”
To learn more about innovative ways of rolling out energy productivity measures, read the paper Fast-tracking Corporate Energy Productivity in India here.
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