General Awareness

April 04, 2017 @ 01:15 PM

Bureau of Energy Efficiency

MBA Aspirants are expected to know in regard to Energy Consumption & Energy efficiency. Today, you will read about  Bureau of Energy Efficiency
 
If one visits an electronic store, yellow labels on appliances with stars drawn on it, is common sight. These labels convey to the consumer about all the dimensions of electricity consumption of that particular appliance. The main organization behind these labels is Bureau of Energy Efficiency.
 
Bureau of Energy Efficiency (BEE) was setup by the Government of India on 1st March 2002 under the provisions of the Energy Conservation Act, 2001. The agency's function is to develop programs which will increase the conservation and efficient use of energy in India. It administratively works under the Ministry of Power. 
 
The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles, within the overall framework of the Energy Conservation Act, 2001. The primary objective of BEE is to reduce energy intensity of the Indian economy. This will be achieved with active participation of all stakeholders, resulting in accelerated and sustained adoption of energy efficiency in all sectors.
 
With the increasing concerns of environmental degradation because of carbon emissions, role of BEE has become even more important to reduce energy intensity in the economy. Energy intensity is a measure of the energy efficiency of a nation's economy.
 
It is calculated as units of energy per unit of GDP. High energy intensities indicate a high price or cost of converting energy into GDP. India ranks among top ten countries in terms of energy intensity, which is a worrying sign.
 
BEE coordinates with designated consumers, designated agencies and other organizations and recognizes, identify and utilize the existing resources and infrastructure, in performing the functions assigned to it under the Energy Conservation Act. The Energy Conservation Act provides for regulatory and promotional functions.
 
It is also entrusted with the task of establishing systems and procedures to measure, monitor and verify energy efficiency results in individual sectors as well as at a macro level. It is under this that the government had made it mandatory for all appliances in India to have ratings by the BEE since January 2010.
 
Bureau of Energy Efficiency is also implementing Bachat Lamp Yojana, which is a program by the government of India to reduce the cost of compact fluorescent lamps (CFLs, i.e., energy saving lights) sold to consumers. The program's goal is to deliver CFLs at the cost of normal lightbulbs. The difference in cost will be covered by the sale of Certified Emission Rights under the Clean Development Mechanism of the Kyoto Protocol. 
 
The Kyoto Protocol is an international treaty that sets binding obligations on industrialized countries to reduce emissions of greenhouse gases. The Clean Development Mechanism (CDM) is one of the flexibility mechanisms defined in the Kyoto Protocol that provides for emissions reduction projects which generate Certified Emission Reduction units which may be traded in emissions trading schemes. So this route has been used in reducing prices of CFL by the Bureau of Energy Efficiency.
 
BEE will play a major role in fighting climate change through its work of reducing energy consumption without compromising on the lifestyles of the people.
 
  
 
Stay informed, Stay ahead and stay inspired with MBA Rendezvous  

Crucial Dates, You Should not Miss

TAPMI, Manipal
Admission Application closes on January 16, 2018 for 2018-20
BIMTECH, Greater Noida
Admissions open for PGDM Programmes at BIMTECH. Apply Now !
Lal Bahadur Shastri Institute of Management
Admissions are Open at LBSIM, Delhi. Apply Now !
FORE School of Management
Apply for PGDM & PGDM-IB Programmes. Application Deadline is December 22, 2017.
Goa Institute of Management
PGDM Admissions Open at GIM. Apply Before January 5, 2018
NIRMA
Last Date to Apply for MBA (Full Time) Programme at NIRMA is January 09, 2018
XAT 2018
Application Last Date 30th November 2017
IMI New Delhi
Application closes 4th December 2017
XIM Bhubaneshwar
Last Date 8th December 2017
SIBM Bengaluru
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Bengaluru through the SNAP Form
Institute of Rural Management Anand
IRMASAT will be conducted on February 4,2018, Apply Before December 31,2017
IBSAT 2017
Last date for IBSAT registration is December 12 , 2017
SSBF
Last date to register for SNAP is 24th November, 2017. Last date for SSBF is 2nd January 2018
SIBM Hyderabad
Apply for SNAP 2017 to be held on Dec 17 and apply for SIBM-Hyderabad through the SNAP Form
K J Somaiya Institute of Management Studies & Research, Mumbai
Last date for Application is 31st Jan, 2018
SDMIMD Mysore
Application for PGDM 2018-20 at SDMIMD is open till February 28, 2018
Institute of Management Technology
Application closes on November 24, 2017
MDI Murshidabad
Application for PGPM 2018-20 at MDI Murshidabad is open till November 24, 2017

Admission Open Now

Following Colleges are accepting applications.

INTERNATIONAL MANAGEMENT INSTITUTE

Admissions open for 2018-20

PGDM, PGDM (HRM), PGDM(B & FS), Executive PGDM

Apply Online