RENEWABLE ENERGY

India will need over 5,600 GW solar power capacity to reach net-zero by 2070: Report

India will need 5,630 gigawatt (GW) of solar power capacity in order to achieve net-zero greenhouse gas emission by 2070, according to a recent study by the Council on Energy, Environment and Water (CEEW).

It said that green hydrogen could contribute 19 per cent of the energy consumed by industry in 2070. While the transition to net-zero could cost India 4.1 per cent of gross domestic product (GDP) in 2070.

“Equity must be at the heart of the net-zero debate… India should co-invest and co-develop new green technologies in partnership with other countries to create new jobs and markets. Green hydrogen is one such technology..,” said Arunabha Ghosh, CEO, CEEW.

According to the study titled ‘Implications of a Net-zero Target for India’s Sectoral Energy Transitions and Climate Policy’, the total corresponding land requirement for India’s power generation assets, especially solar, would be about 4.6 per cent.

It added that coal usage for power generation would need to peak by 2040 and drop by 99 per cent between 2040 and 2060 to become net-zero by 2070.

Source
ET Energy World
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