Growth in commercial buildings and facilities has led to substantial use of electricity, heat and cooling, consuming almost 90 per cent of the energy bill. In high energy consumption industrial sectors, energy cost is about 30 to 50 per cent of the manufacturing cost.
Recently, Energy Efficiency Services (EESL), a joint venture of four national public sector enterprises under Ministry of Power, Government of India, hosted a round-table panel discussion on, “Creating an Ecosystem for Trigeneration Business in India”.
During the discussion, the stakeholders deliberated on the way forward for promoting the nationwide adoption of trigeneration as a transformative technology. This process uses a single fuel input to simultaneously generate electricity, heat and cooling. This solution enhances operating efficiency of an industrial application by at least 60 per cent, saving industries and institutions about 30-40 per cent in operating energy costs and reducing greenhouse gas emissions by up to 30 per cent, due to inherent efficiencies in energy generation through technology interventions.
The industry and government leaders further discussed potential sectors, institutions and industries that would benefit from trigeneration technology, while also identifying necessary financial models and policy and regulatory interventions for scaling the market for trigeneration technology in India.
EESL is offering trigeneration technology to industries and institutions in India through its unique Pay-As-You-Save (PAYS) business model for an integrated service offering that would include equipment maintenance, as well as electricity, heat and power supply. While clients will not bear any upfront costs for technology installation, EESL will redeem the capital and operating costs for the installations through demonstrated energy savings of the institution and industry.
EESL has already signed MoUs with GAIL (Gas and Bharat Petroleum) to co-create an ecosystem for providing readily-available gas, the input fuel for trigeneration technology, to potential customers.
EESL developed expertise and a compelling market offering in this technology after acquiring Edina UK Ltd, a leading supplier, installer and maintenance provider for combined heat and power (CHP), gas, and diesel power generation solutions in the UK in March 2018.
For this, EESL has signed four MoUs with industries, and institutions across Maharashtra. EESL signed an MoU with the Mahanagar Gas to promote the adoption of trigeneration and CHP technology in the Mumbai area, and a second MoU with Maharashtra Natural Gas for the promotion of trigeneration and CHP solutions across the state. A tripartite MoU was signed between Castrol India, IGS and EESL to jointly explore additional opportunities for natural gas-based trigeneration projects in India. EESL also signed an agreement with Mahindra & Mahindra to install and service a trigeneration project of 803 kWe capacity with an investment of Rs 25 crore.