Establishing 100 GW Renewable Energy Capacity Outcome of Political Will in India: Expert
In his speech from the Red Fort on Sunday on the occasion of the 75th Independence Day of the country, Prime Minister Narendra Modi made many important announcements, the most notable of which was the announcement of the establishment of the National Hydrogen Mission to make India a new global center for green hydrogen. Will have efforts. Along with this, he also set a target to make India independent in the energy sector by the year 2047.
On the other hand, just before Independence Day, India achieved a major breakthrough in the field of renewable energy and crossed the milestone of 100 gigawatts of renewable energy capacity without involving major hydropower projects. At the same time, India has reached the fourth position in the world in terms of renewable energy capacity, fifth in solar energy and fourth in wind energy.
According to the information received, a capacity of 100 gigawatts has been installed, while work is underway to set up a capacity of 50 gigawatts, besides the tender process is underway for 27 gigawatts. Achieving this milestone, India has also increased its ambition to set up 450 gigawatts of renewable energy capacity by 2030.
And if large hydropower projects are included, the installed renewable energy capacity will increase by 146 gigawatts.
Giving information about this development, Union Minister for Energy and New and Renewable Energy RK Singh has also tweeted.
This is a positive development for India’s renewable energy sector in all respects and could be a game-changer for India’s climate change goals.
Note that the latest report of the IPCC also emphasizes the need for such efforts. These reports come at a time when it is beginning to be realized that India can do more.
Reacting to this development, ISA Director Dr Ajay Mathur said, “India has grown from 10 GW to 100 GW in just 15 years. It is a great achievement.”
Further, Aarti Khosla, Director, Climate Trends, says, “Many states like Gujarat, Maharashtra, Chhattisgarh and Karnataka have expressed their intention not to build coal further and expand the energy sector through renewable energy. By 2030, 450 GW. Given India’s commitment to achieve (GW) and the achievement of 100 GW of installed renewable energy (RE) capacity, it is now necessary to rationalize the use of coal, which will not only reduce emissions, but also ensure clean air. Recent analyzes have shown that the cheapest first principle in the qualification order creates a situation where older inefficient plants are given preference. To shine around the world, we must focus on efficiency and reduction in emissions from coal, and make the necessary changes in the thermal sector to bring overall benefits to India’s power sector. “
Looking at how further efforts will be needed, says Vibhuti Garg, Energy Economist, IEEFA (IEEFA), This can be achieved through advances in technology and finance in the value chain and a stable and conducive policy environment. “
Manu Srivastava, Principal Secretary, Department of New and Renewable Energy, Government of Madhya Pradesh, says, “Renewable energy can grow even faster. Institutional customers should be facilitated. It is our job to set up projects where they can consume and give them renewable energy (RE) at a reasonable rate. Today we have PPAs that we cannot dispose of. On the other hand, we have big customers like Indian Railways, who are eager but not able to get clean electricity. “
Akhilesh Mughal, Head, Renewable Consultant, GERMI, says, “This is a historic milestone in India’s path to implementing its energy transition. It has aligned many things – we have the political will, the support for renewable energy. Policies have been implemented and the right technologies have been used. “
Now it remains to be seen at what pace India will be able to achieve its goals in the next ten years.