National Mission for Enhanced Energy Efficiency (NMEEE)

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  • National Mission for Enhanced Energy Efficiency (NMEEE) is one of the eight missions under the National Action Plan for Climate Change.
  • It was taken by the Indian government to promote the market for energy efficiency by fostering innovative policies and effective market instruments.
  • Its roots lie in the overall objective of The Energy Conservation Act of 2001.
  • The mission document, which was approved in 2010.
  • NMEEE includes four specific energy efficiency initiatives under its umbrella.
  • Perform Achieve and Trade (PAT): Assigning energy reduction targets to large energy-intensive industries and distributing Energy Saving Certificates (ESCerts) on the achievement of the targets. These ESCerts can then be traded.
  • Market Transformation for Energy Efficiency (MTEE): Promoting the adoption of energy efficient equipment and appliances through innovative business models.
  • Energy Efficiency Financing Platform (EEFP): Increasing the confidence of financial institutions and investors to support energy efficiency initiatives.
  • Framework for Energy Efficiency Economic Development (FEEED): Promoting energy efficiency initiatives by hedging against investment risks.