Context
Article talks about a TERI report titled “The Transitions in Indian Electricity Sector”
TERI – The Energy and Resources Institute
The Energy and Resources Institute (TERI) is a leading think tank dedicated to conducting research for sustainable development of India and the Global South
Observations
- No new investment in coal needed: The energy that would be available from renewable sources, nuclear and gas plants, both existing and planned, would be enough to meet India’s energy demand for the next 7-8 years, which means no new investment in coal is needed at least till then
- Increase in per capita power consumption: Per capita annual power consumption will increase from the current 1,075 kWh to 1,490 kWh in 2021-22, 2,121 kWh in 2026-27 and 2,634 kWh in 2029-30
- Increase in India’s renewable energy capacity: the country’s renewable energy capacity is set to increase to the targeted 175 GW level by 2021-22 and further grow to 275 GW by 2025-26
Recommendations
- Strengthening grid infrastructure: Report states that the Centre would do well to take steps to strengthen the grid infrastructure and build storage capacity
