Energy efficiency: a key factor for the future
16.11.2017

Energy efficiency: a key factor for the future

The rise in demand and production costs make reasonable energy use crucial

Carlos Mataix, Director of the Centre for Innovation in Technology for Human Development at Universidad Politécnica de Madrid, opened the Forum's final session, devoted to energy efficiency and smart grids, with the following words: “There is a lot of room for improvement in the way we use our energy; it could be much more efficient and smarter”.

The participants in this session were Suket Singhal, CEO of Secure Meters; Kiran Ananth (Senior Counsellor at CII and Sohrabji Godrej Green Business Centre); Rocío Fernández Artime, Energy Efficiency Manager at Gas Natural Fenosa and President of the Spanish Technology Platform for Energy Efficiency, and Juan Prieto Vivanco, Head of Smart Grids at Indra.

They all emphasised the importance of promoting energy efficiency at all levels, for various reasons. For Kiran Ananth, the cost of energy has “a very high price” for the end user and in some sectors, such as the aluminium and textile industries, energy efficiency can make or break a company, as it makes it more or less competitive”. According to the CII's Senior Counsellor, “efficiency is the most crucial factor to achieving the changes we are pursuing in households, factories, industries… It was all-important 20 years ago and it is even more so today”.

For Suket Singhal, “energy efficiency is important for every company, and even more for those which operate in the energy market”.

Demographics is another factor that calls for increased energy efficiency. According to Rocío Fernández, the rise in population will mean that “by 2040, energy demand will be 30% higher than it is today”.

For Juan Prieto, the key lies in “the whole cycle benefitting”; in other words, the creation of value through energy efficiency. “If we open a space in which the client, the supplier and all agents can exchange more efficiently, then we are creating value for everyone”. In order to achieve that, “it is important to have clear, efficient regulations”. Rocío Fernández adds that financial instruments and exemplary actions at the public level are also very much needed.

The panellists also discussed certain projects and initiatives designed to improve energy efficiency in different sectors. One of these projects is Gas Natural's renewable gas project, which uses urban waste to produce gas and electricity. Another is Indra's AGM system, which has connected 70 smart buildings at an Australian university campus through a microgrid. Kiran Ananth mentioned the possibility that Spain could participate in a similar programme to the one carried out by India with the Swedish Energy Agency to put IT SMEs in touch with Indian companies.

The audience also participated and made interesting contributions, such as suggesting joint action against energy losses. According to World Bank data, in 2014 energy losses in power transmission and distribution in India totalled 19% on average, although in some areas this percentage was materially higher, up to 50% according to some studies. In developed countries, losses rarely reach 10%.

The role that smart meters can play in this regard was also discussed. India recently started the first installation phase of these devices, fitting several million units. What experience does Spain have in this area? As explained by Juan Prieto, utility companies have practically managed full deployment of these meters. “Utility companies have invested a lot  installing these smart meters. We are now analysing the input and defining new services for the end user”.

The round table also analysed the deployment of electric vehicles as well as their benefits and related problems in the two countries. The study Utility of the Future, carried out by Iberdrola and MIT together with Universidad Pontificia de Comillas, stresses the importance of transport for the low-carbon economy we are striving for. According to Kiran Ananth, the Indian Government has placed an initial order of 10,000 electric vehicles for official use, which will serve as a test for a potential broader EV rollout.

In this case, according to Rocío Fernández, it will be necessary to consider both cost and necessity. “In cities like Delhi, where pollution is extremely dangerous, electric vehicles are a necessity. But there are other types of transport in which price will be a factor, as it is in the US”.

“Despite their limitations, electric vehicles are finding their niche in Spain,” claims Juan Prieto. However, their deployment “is limited by a critical factor: energy storage”. We will therefore have to wait for future generations of electric vehicles to improve in that area. 

 

Gallery

Excutive Summary

Dossier II Spain India Forum

Agenda II Spain India Forum

Press release II Spain India Forum

Personal Profiles

II Spain-India Forum introductory video

Video: Spain, world leader in renewable energy

Twitter Feed

#PatronoFCEI | @caixabank entrega los galardones territoriales del Premio Mujer Empresaria 2019. La ganadora nacion… https://t.co/3WXs4b07Yl
16-Jul-2019 13:45
RT @EmbEspIndia: 🎭Ready to raise the curtain! Indian theatre company #ElClavileño is taking part in @festivalalmagro❗Before travelling to #…
16-Jul-2019 13:38
❗ Todavía estás a tiempo de ver la exposición sobre #Gandhi organizada por @CasaIndiaVLL en la Casa de Cultura de S… https://t.co/TV8A6od9w0
16-Jul-2019 12:10
RT @ICEXIndia: Si quieres conocer cuáles son los trámites requeridos para importar en India, puedes consultar al estudio que hemos elaborad…
16-Jul-2019 11:55
RT @ICEXIndia: El gobierno indio lanza la iniciativa #StudyinIndia para atraer estudiantes extranjeros que cursen estudios superiores en el…
16-Jul-2019 11:55
❗ Todavía estás a tiempo de ver la exposición sobre #Gandhi organizada por @CasaIndiaVLL en la Casa de Cultura de S… https://t.co/IGHo0GE5vM
15-Jul-2019 15:40
El 22 de julio finaliza el plazo de solicitud para participar en el programa de @ICEX_ para inversiones de empresa… https://t.co/zG5otvTq43
15-Jul-2019 14:15
#ActividadFCEI | @HorasisOrg es el encuentro más importante de líderes empresariales de #India y sus homólogos mund… https://t.co/o6mtKfhZec
15-Jul-2019 14:03
Galicia vende un 43% más a #India, futuro primer mercado mundial. 86 empresas de la región apostaron por este desti… https://t.co/oxgCBhIIdC
15-Jul-2019 13:30
RT @CasaIndiaVLL: Este sábado se celebró el primer torneo de #Carrom en la #CasadelaIndia. El Carrom es un juego de mesa similar al billar…
15-Jul-2019 12:52

Contact

C/ Serrano Galvache, 26.
Torre Norte, planta 9ª. 
Ministerio de Asuntos Exteriores
y de Cooperación 
28033 Madrid (ESPAÑA)
T +34 91 379 17 21
contacto@spain-india.org

Newsletter

Complete the form
ABERTIS
ACCIONA
ALIANZA 4 UNIVERSIDADES
AYUNTAMIENTO DE BARCELONA
AYUNTAMIENTO DE MADRID
CÁMARA DE COMERCIO DE ESPAÑA
CASA ASIA
CASA DE LA INDIA
CENTRO PARA EL DESARROLLO TECNOLÓGICO INDUSTRIAL
CHAINCORP
CUATRECASAS
EPTISA
FUNDACIÓN RAMÓN ARECES
ICEX
IE
INDRA
INSTITUTO CERVANTES
CAIXABANK
MINISTERIO DE ASUNTOS EXTERIORES Y DE COOPERACIÓN
MINISTERIO DE EDUCACIÓN, CULTURA Y DEPORTE
RK CONSULTANTS
UNIVERSIDAD DE VALLADOLID
© Fundación Consejo España India