Which of the following are associated with National mission for Enhanced Energy Efficiency 1 P...........

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Which of the following are associated with National mission for Enhanced Energy Efficiency?

1. Perform Achieve and Trade(PAT).

2. Energy Efficiency Financing Platform (EEFP)

3. Market Transformation for Energy Efficiency (MTEE)

4. Framework for Energy Efficiency Economic Development (FEEED)

Correct Code:

1,2 and 3 only

2,3 and 4 only

1,3 and 4 only

All are correct

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Explanation:

The National Mission for Enhanced Energy Efficiency (NMEEE) comprises of four initiatives to enhance energy efficiency in energy intensive industries which are discussed below:
• Perform Achieve and Trade (PAT): Assigning energy reduction targets to large energy intensive industries and distributing Energy Saving Certificates (ESCerts) on achievement of the targets. These ESCerts can then be traded.
• Energy Efficiency Financing Platform (EEFP): Increasing the confidence of financial institutions and investors to support energy efficiency initiatives.
• Market Transformation for Energy Efficiency (MTEE): Promoting adoption of energy efficient equipment’s and appliances through innovative business models.
• Framework for Energy Efficiency Economic Development (FEEED): Promoting energy efficiency initiatives by hedging against investment risks.