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Focus Areas
The Green Oorja Initiative will focus on three core areas:
Energy Generation
The Green Oorja initiative will map out the entire clean energy eco-system in India across various industry sectors. However in broad terms the mapping exercise will cover the following technology categories:
a.Hydro & Tidal Power
b.Solar
c.Wind
d.Biomass
e.Clean Coal
Energy Conservation Techniques
The Green Oorja Initiative aims to bring best-in-class energy conservation techniques from around the world to India. The focus will be on the following techniques:
1. Smart Grid:
o Development of a power grid that can support and accommodate the two-way flow of electrons from distributed sources so that homes and businesses are both producers and consumers of energy.
o Development of higher efficiency long-distance transmission lines
o Conception of a networked system, which can store energy for-use in case of outages and peak times.
o Installation of smart meters for more accurate management of energy consumption patterns and optimisation.
2. Demand Response:
o Demand response, the voluntary reduction of electric demand at the end-use customer level in response to electric grid instability or high wholesale electricity prices, substantially lowers peak demand and helps stabilize the grid.
3. Green Buildings:
o Modern green buildings are able to use some 30% less energy than their comparably sized nongreen counterparts. Technologies used are advanced lighting, new building materials, efficient appliances and energy management systems.
Other pertinent focus areas will be:
- Technology Equipment Usage Management
- Building Controls
- Systems & Controls
- Energy Management
Investments and Project Finance Techniques
The Green Oorja initiative will eventually begin to mobilise and make investments into strategic opportunities and projects, however it will also propagate the best financing practices that are being followed elsewhere in the world. These include:
- New and improved financing models for clean energy projects
- Global Sources of private equity and venture capital investment
- Hybrid (debt & equity) financing techniques
- Legal, Tax and IP implications
- Government incentives
- Indigenising foreign technologies
Bringing home grown technologies to market both in India and overseas
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