What is the News? The Indian government is planning to achieve renewable energy (RE) capacity of 150 gigawatts (GW) by 2 October 2021. About India’s Greenhouse Gas Emissions India is the third-biggest emitter of greenhouse gases after the US and China India’s Intended Nationally Determined Contributions (INDCs) under Paris Agreement aims to do the following,… Continue reading Govt pulling out all stops for 150 GW RE capacity by 2 Oct
Tag: renewable energy
Managing risks of a green economy
Synopsis: A rapid transition to renewable energy, which is necessary, will disrupt a number of businesses. Introduction Climate change will affect lives and livelihoods across the globe with some countries getting disproportionately impacted. According to a recent report by the Swiss Re Institute, climate change could reduce global gross domestic product by 18% by 2050… Continue reading Managing risks of a green economy
Govt eyes 14GWh battery storage system in Kutch
Contents1 What is the News?2 About Khavda Renewable Energy Park3 What are Large Battery Storage systems used for?4 India’s Renewable Energy Capacity and the need of Battery Storage systems What is the News? India has planned to set up around 14 gigawatt-hour (GWh) grid-scale battery storage systems at the Khavda renewable energy park in Gujarat.… Continue reading Govt eyes 14GWh battery storage system in Kutch
Clean energy prospects beyond the 100GW milestone
Synopsis: Regular policy interventions by the government, an investment push and fiscal stimuli over the years have helped India emerge as a global front runner in the clean energy ecosystem. Introduction Despite the covid pandemic, steady growth has helped India cross the 100-gigawatt (GW) target of installed capacity. Today, we stand 4th in the world… Continue reading Clean energy prospects beyond the 100GW milestone
How green is my central bank
Synopsis: Green climate and other bonds, and fixed-income assets, cannot guarantee carbon neutrality. Introduction The Bank of Finland has announced that its investment portfolio will be carbon-neutral by 2050. Also, many western central banks are making similar announcements. However, the author of this article states that resorting to green climate financing by central bank (RBI)… Continue reading How green is my central bank
Partnership with US could help India meet renewable energy targets
Synopsis: India can achieve renewable energy targets efficiently by strengthening its partnership with US. The problems and challenges associated are discussed. Contents1 Introduction 2 How Indo-US partnership can help India achieve its renewable energy goals?3 What are the challenges associated with achieving renewable energy targets? 4 What India needs to do to achieve renewable energy targets? Introduction India’s… Continue reading Partnership with US could help India meet renewable energy targets
No offshore wind project has commenced in India: Are we on track for 30 GW by 2030?
Synopsis: To harness the capacity of India’s offshore wind potential, we need to identify the areas where we can develop offshore wind project and accelerate the project. Introduction India has planned to provide 24×7 electricity to every home. As per the forecast of International Energy Agency, the country’s energy demand will increase by 6-7% annually… Continue reading No offshore wind project has commenced in India: Are we on track for 30 GW by 2030?
Ministerial meeting of the U.S.-India Strategic Clean Energy Partnership (SCEP)
What is the News? The Minister of Petroleum and Natural Gas has co-chaired a virtual Ministerial meeting with the U.S. Secretary of Energy to launch the revamped U.S.-India Strategic Clean Energy Partnership (SCEP). About the U.S.-India Strategic Clean Energy Partnership (SCEP) When was it launched? It was launched at the Leaders Summit on Climate held… Continue reading Ministerial meeting of the U.S.-India Strategic Clean Energy Partnership (SCEP)
Making green hydrogen viable demands financial, tech support to lower costs
Synopsis: Bringing down the cost of producing Green Hydrogen in India will require a mix of financial and technological interventions. Contents1 Background2 What is the major issue with Green Hydrogen adoption?3 What is the present global scenario wrt Hydrogen production?4 At what price point will adoption of Green Hydrogen be feasible for industry?5 What steps… Continue reading Making green hydrogen viable demands financial, tech support to lower costs
New report suggests how land-use for renewable energy in India can be environmentally sustainable
What is the news? Institute for Energy Economics and Financial Analysis (IEEFA) has recently released a report titled “Renewable Energy and Land Use in India by Mid-Century“. According to the report, India will use significant stretches of land by 2050 to install renewable energy generation capacities, and the land-use increase may have an impact on… Continue reading New report suggests how land-use for renewable energy in India can be environmentally sustainable
