RENEWABLE ENERGY

‘Renewables provide 37% of India’s power capacity’

Demand for fossil fuel electricity generation in India reached a plateau in 2018, and fell in 2019 and 2020, according to a study published Wednesday by UK’s Carbon Tracker in collaboration with the Council on Energy, Environment and Water (CEEW).

According to the report, ‘Reach for the Sun’, India, which accounts for 9% of emerging market electricity demand and 20% of expected demand growth, illustrates how emerging economies are about to leapfrog fossil fuels to generate all the growth in their electricity supply from renewables.

From less than 20GW of solar power in 2010 it has grown to 96GW of solar, wind biomass and small hydro power in May 2021 — including large hydropower, renewables now provide 142GW or 37% of the country’s power capacity.

“While fossil fuel demand might again increase in the near-term to meet latent electricity demand, India has demonstrated how a double leapfrog — connecting nearly all households to electricity and its renewable energy rollout — can be driven with policy priorities and market design,” said the report.

Source
Indian Express
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