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Clean Energy Investment Trends 2021
…with the Indian RE sector. To shed light on these matters, the Clean Energy Investment Trends 2021 report analyses project-level equity returns expectations associated with plain vanilla assets over the period July 2020 - June 2021 as well those corresponding to select hybrid projects. It endeavours to contextualise these returns expectations by comparing them with those in other geographies and examines their sensitivities to solar photovoltaic (PV) module prices, which are now subject to increased volatility. The report also examines land-related challenges inhibiting the utility-scale RE sector and offers updates on debt financing and other key market trends.
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Clean Energy Transitions Programme 2020
…goal of accelerating clean energy transitions when and where it matters most. Responding to calls from governments, the IEA produced detailed, cost-effective policy options to support sustainable recoveries, explored in detail the impacts of the pandemic on energy markets and systems, and set out near-term actions that could help accelerate clean energy transitions.Relying on the independent, data-grounded approach and unique expertise of the IEA, the programme continues to be uniquely situated to provide targeted analysis and recommendations even as the crisis affects the energy sector. The IEA has done this through initiatives such as the Global…
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Covid-19 impact on electricity
…of the extraordinary impact of the Covid-19 pandemic and resulting lockdown measures on the energy system, the IEA is publishing the most up-to-date possible electricity data. This report includes data through the end of 2020. Impact of lockdown measures Electricity demand dropped quickly across Europe and India with confinement measures but steadily recovered as measures were gradually softened. In India, recovery seemed faster and stronger than in EU countries. The end of the year was marked by a recovery of electricity demand, now above 2019 levels after weather adjustment. Electricity demand dropped to Sunday levels under lockdown…
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India Energy Outlook 2021
…Indian cities among the most polluted in the world. …and the scope for further growth in energy demand and infrastructure is huge India is the world’s third-largest energy consuming country, thanks to rising incomes and improving standards of living. Energy use has doubled since 2000, with 80% of demand still being met by coal, oil and solid biomass. On a per capita basis, India’s energy use and emissions are less than half the world average, as are other key indicators such as vehicle ownership, steel and cement output. As India recovers from a Covid-induced slump…
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Renewables Integration in India
This report suggests ways for India to maximise the amount and value of solar and wind power in its electricity system. It addresses demand-side flexibility, power plant flexibility, storage (pumped-storage hydro and batteries) and grid flexibility, as well as policy, market and regulatory solutions for the short to medium term. It adds to existing research by focusing on renewable integration in individual states, rather than at the national level, as the power system flexibility challenges, solutions and priorities are different in each state.
The report presents findings from consultations with national and regional stakeholders and the results of… -
Air quality and climate policy integration in India
…matter for future development, as they have direct and far-reaching implications for the lives of a growing population. Energy-related air pollutants and CO2 emissions often arise from the same sources, therefore the adoption of an integrated approach to tackle both can deliver important co-benefits.
This report shows that well designed, coherent policy packages can deliver such synergies if properly implemented. In order to demonstrate co-benefit potential, it provides quantitative analysis that presents the ways in which flagship energy policies can contribute to both air pollution reduction and climate change mitigation in tandem. Four key sectors are… -
Unlocking the Economic Potential of Rooftop Solar PV in India
A report based on IEA-CEEW-MNRE rooftop solar workshop held on 12 October 2020 In 2015, the Government of India set a target to achieve 175 GW of grid-connected renewable electricity capacity by March 2022. The national target for rooftop solar PV (RTS) is 40 GW and the installed capacity as of 31 December 2020 was around 6 GW.
Following the workshop “Unlocking the economic potential of rooftop solar energy in India” organised on 12 October 2020 by the IEA, in collaboration with the Council of Energy, Environment and Water (CEEW) and the Ministry of New and Renewable… -
Fuel economy in India
Market profile and analysis of fuel consumption trends Light-duty vehicle (LDV) sales have contracted in India since 2017, with 3.2 million sold in 2019. Nevertheless, India remains the fifth-largest LDV market. Average fuel consumption of new LDVs dropped from 6.9 litres of gasoline equivalent per 100 kilometres (Lge/100 km) in 2005 to 5.7 Lge/100 km in 2019, which is 20% below the global average. This is mainly attributable to a high share of diesel LDVs and an average LDV weight that is 24% lower than the global average.Fuel economy has improved since…
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E4 Country Profile: Energy Efficiency in India
…the highest growth of primary energy among G20 countries, but still has the lowest GDP per capita. The Government of India has made impressive progress in recent years in increasing citizens’ access to electricity and clean cooking. The priority is now shifting towards energy security and affordability as demonstrated by India’s successful energy market reforms. Energy efficiency will remain important in order to realise these priorities as India continues to develop economically. Improvements in energy efficiency Due to the growth of the Indian economy, energy use has continued to increase. Structural factors such as movement towards more energy-intensive…
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The Potential of Behavioural Interventions for Optimising Energy Use at Home
…is to trigger socially desirable behaviours – either by removing barriers to such behaviours, or by creating disincentives to socially damaging ones. The objectives and advantages of behaviourally informed policy-making in the energy realm is discussed in depth in a recent IEA and UsersTCP report.Behavioural policy interventions differ from traditional approaches that seek to enhance energy efficiency through economic incentives (such as subsidies for efficient purchases or time-of-use energy pricing), information provision (energy efficiency labels) or regulatory requirements (setting minimum energy performance standards). Such traditional measures assume that users will easily understand the benefits of a policy…