RENEWABLE ENERGY

Mobility interventions, renewable energy can lead to significant savings, says NITI Aayog report

India’s transport sector can save 1.7 gigatonnes of cumulative carbon dioxide emissions and avoid about 600 million tonnes of oil equivalent in fuel demand by 2030 through shared, electric, and connected passenger mobility and cost-effective, clean, and optimised freight transport, said a new report on clean energy transition in India released on Tuesday.

It can also achieve significant savings in the power sector through the adoption of renewable energy, energy storage, efficiency, and flexible generation and demand, said the report titled ‘Towards a Clean Energy Economy: Post-Covid-19 Opportunities for India’s Energy and Mobility Sectors’, brought out jointly by the NITI Aayog and the Rocky Mountain Institute (RMI).

Covid challenges

Covid-19 has presented significant demand and supply side challenges for India’s transport and power sectors, from liquidity constraints and supply shortages to shifts in consumer demand and preferences.

But the report stressed upon the need for stimulus and recovery efforts that work towards building a clean, resilient, and least-cost energy future for India. These efforts include electric vehicle, energy storage, and renewable energy programmes.

Source
the hindu businessline
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