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International Energy Efficiency Hub

Why in the news?

  • Recently the Union Cabinet has approved India's joining the International Energy Efficiency Hub.

International Energy Efficiency Hub:

  • The establishment of the Energy Efficiency Hub was proposed by Germany during the G-20 summit in Hamburg in 2017 to strengthen intergovernmental cooperation on energy efficiency.
  • It was established in 2020 as the International Partnership for Energy Efficiency Cooperation (IPEEC).
  • Objective -
    • To provide greater visibility and stronger presence internationally for energy efficiency.
    • To enhance members' cooperation with the International Energy Agency and other international organizations.
    • To share information and best practices between countries, international organizations and the private sector.
  • Current President - Dr. Tudor Constantinescu of European Commission
  • Its secretariat is located at International Energy Agency (IEA) (Paris)
  • Currently International Energy Efficiency Hub comprises 16 member countries
  • Bureau of Energy Efficiency (BEE) has been designated as the implementing agency for it in India.

Bureau of Energy Efficiency (BEE):

  • Government of India established Bureau of Energy Efficiency (BEE) on 1 March 2002 under the provisions of Energy Conservation Act, 2001.
  • Its objective is to assist in developing policies and strategies with emphasis on self-regulation and market principles under the provisions of Energy Conservation Act, 2001.
  • To carry out the functions assigned under Energy Conservation Act, 2001, BEE coordinates with designated consumers, designated agencies and other organizations.
  • BEE also performs regulatory and promotional functions under Energy Conservation Act, 2001.
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