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International Journal of Economics, Finance and Management >> Volume 5, Issue 2, June 2016

International Journal of Economics, Finance and Management


Certified Emission Reduction (CER) Opportunities in Rural Domestic Energy Sector

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Author K. J. Sreekanth, S. Jayaraj, N. Sudarsan
ISSN 2225-7217
On Pages 70-76
Volume No. 2
Issue No. 1
Issue Date March 01, 2020
Publishing Date March 01, 2020
Keywords CDM, CER, CO2 emission, Energy Consumption Pattern, Energy resource replacement.



Abstract

Since the Kyoto protocol agreement, clean development mechanism (CDM) has garnered large emphasis in terms of CER not only amidst the global carbon market but also in India. This paper attempts to assess the impact of CDM implementation towards sustainable development and the CO2 emission particularly in rural domestic energy sector based on Intergovernmental Panel on Climatic Change (IPCC) guidelines. A detailed survey was undertaken in the state of Kerala, in southern part of India to map the rural domestic energy consumption pattern. The data collected was analyzed that throws insight into the interrelationships of the various parameters that influence domestic energy consumption. The interrelationships between the different parameters were modeled as a linear programming model that optimizes the contribution of individual energy resources on end applications. The results were used to estimate the feasible extent of CO2 emission reduction through use of various energy resources. The analysis also provides a plat form for implementing CDM projects in the sector and related prospects with respects to the Indian scenario.


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