4. Objects of the Authority

The objects of the Authority shall be to —

identify, assess and develop renewable energy resources with a view to enhancing energy security and thereby derive economic and social benefits to the country;

identify, promote, facilitate, implement and manage energy efficiency improvement and energy conservation programmes for use of energy in domestic, commercial, agricultural, transport, industrial and any other relevant sector;

promote security, reliability and cost-effectiveness of energy delivery to the country, by policy development and analysis and related information management; and

ensure that adequate funds are available for the Authority to implement its objects, consistent with minimum economic cost of energy and energy security for the nation.