The latest report by the International Energy Agency shows that by 2040 the largest opportunities for energy savings in India are in Industries. Recognising the need for highly efficient technology interventions in industries, FLCTD was launched in 2016 in India to facilitate the adoption of low carbon technologies. The FLCTD project is striving towards bringing together the key stakeholders to build an innovation ecosystem that can be sustained by demonstrating the benefit of innovative solutions to reduce energy consumption across various sectors of Indian economy.
Facility for Low Carbon Technology Deployment (FLCTD) is a project financed by the Global Environment Facility (GEF). It is implemented by the United Nations Industrial Development Organisation (UNIDO) in collaboration with the Bureau of Energy Efficiency (BEE).
The project aims to identify and support high-impact energy-efficient innovations and its deployment in industrial and other related sectors of Indian economy.
The project conducts ‘Innovation Challenge’ competitions annually to identify innovative technologies and solutions and provides financial support for demonstration and testing in field conditions and accredited laboratories. It invites participation from government agencies, industry, innovators and technical institutes in the following areas: waste heat recovery; space conditioning; pumps, pumping systems and motors; industrial IOT; industrial resource efficiency; and electrical energy storage.
So far, as part of the project, four annual innovation challenges have been conducted.
By facilitating the demonstration of innovative solutions that can be scaled-up, the project aims to catalyse their deployment towards reducing greenhouse gas emissions.