PAT scheme

Question 1

What does PAT stand for ?

Answer 1

Perform , Achieve and Trade

Question 2

Who launched the PAT scheme ?

Answer 2

Launched by Bureau of Energy Efficiency ( MInistry of Power) under National Mission for Enhanced Energy efficiency (NMEEE)

Question 3

What does the first report of PAT say ?

Answer 3

Energy intensive industries have slightly reduced their carbon emissions between 2012-15
Also indicates gradual greening of Indian industry

Question 4

What are the specific details of PAT scheme ?

Answer 4

1) It is a market based mechanism in which sectors are assigned efficiency targets
2) Industries which over achieve targets get incentives in the form of energy saving certificates
3) These certificates are tradable at 2 energy exchanges ( Indian Energy Exchnage and Power Exchange of India ) where it can be brought by other industries who are unable to achieve their target

Question 5

What is National Mission for Enhanced Energy efficiency (NMEEE)

Answer 5

2008
Under Mo Power
Nodal agency is BEEE
Is a part of National action plan of climate change