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Showing posts from October, 2017

Promoting Energy Efficiency in India: A closer look at the Policy and Regulatory Framework

The building sector accounts for a significant share of energy consumption in India. Thus, policies that encourage energy efficiency in building construction have an important role to play in energy conservation. In this article, authors Sivaramakrishnan Balasubramanian and Gayathri Sivakumar review the policy and institutional framework for promoting energy efficiency in India's building sector. Sivaramakrishnan is a Senior Associate with the Environment and Climate Change vertical at IFMR LEAD. Gayathri was a former Research Associate with IFMR LEAD. 

The Compounded Annual Growth Rate (CAGR) for retail and commercial buildings in India, as on 2010 was estimated to expand at a rate of 9%, spurred by the intensive demand in the services sector. The rate at which building stocks are expected to escalate is around 70%, a situation that is not prevalent in developed countries (Satish Kumar, 2010). Further, it is estimated that by 2030 floor space in India is likely to see an increase …