Of the eight missions envisaged in the National Action Pan on Climate Change, National Mission for Enhanced Energy Efficiency focuses on energy efficiency in the building sector. The following four initiatives have been proposed under the mission:
Perform, Achieve and Trade (PAT)
Market based mechanism to increase cost effectiveness of energy efficiency in energy-intensive large industries and facilities, through tradable energy certificates. Currently limited to larger facilities, it will be eventually applied to all buildings.
Market Transformation for Energy Efficiency (MTEE)
Market transformation to energy efficient appliances in designated sectors can be accelerated through regulatory and market based measures to make the products more affordable. Some of the measures already in place are:
Finance for DSM
By banking on future energy savings, demand side management programs in all sectors can be financed through appropriate financial mechanisms