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24 March 2017

Mongolia signs MoU on energy efficiency

In Mongolia, the Energy Regulatory Commission (ERC) signed a MoU with the Global Green Growth Institute to improve energy conservation.

In a combined statement, the ERC said its MoU with GGGI will allow joint implementation the country's Energy Conservation laws to improve the adoption of energy efficiency and clean energy resources.

GGGI will provide its technical and advisory services in helping ERC to implement the country's National Energy Conservation Programme (NECP) 2017-2020 and develop incentives for renewable energy and energy efficiency initiatives.

Under the NECP, the two organisations aim to help small business and household consumers to practice sustainable energy usage under efforts to stabilise grid networks and help Mongolia reduce its urban air pollution by avoiding the use of raw coal for heating purposes.

GGGI and ERC will draft and implement programmes to improve consumer and institutional awareness on energy efficiency and low-carbon energy generation.

The NECP is expected to help the government of Mongolia to meet its target to reduce building heat and electricity transmission losses by 40% and 43% by 2030, respectively.

Mr. Tleikhan Almalik, Director-General of the ERC, said: “Every energy user has the potential to put money back in their pockets through targeted energy upgrades to buildings and equipment as well as simple behaviour changes.”

Energy conservation in Asia

Meanwhile, India’s Energy Efficiency Services Limited secured $212.6 million loan from the KfW Development Bank to expand rollout of energy efficiency programmes.

The $212.6 million loan increases Germany’s financial commitment to enhancing energy efficiency in India to $637.8 million.

The loan follows an announcement made by EESL to raise $11.2 million from its local promoters to expand its energy efficiency services throughout 2017 and 2018.

The state-owned energy conservation institution is expecting to secure $76,271 from the India Rural Electrification, Power Finance Corp and the NTPC.

From international institutions, EESL has been promised by the Asian Development Bank a $200 million loan by the end of March. EESL is also set to receive a $300 million loan from the World Bank.

With the capital, EESL will include into its services, the installation of LED lighting and HVAC systems in public buildings.

EESL is also planning to sell and install energy efficient water pumps and solar-powered irrigation systems to help municipalities and farmers to reduce their energy usage and costs. [Indian utility to improve building energy efficiency in Coimbatore].

 

Image credit: Softpedia

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