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Clean Energy Investment Trends 2021
…even amid considerable volatility in commodity prices. These developments have intensified the scrutiny on the returns associated 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…
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India Energy Outlook 2021
…sources of energy, led by solar power. The gains for Indian citizens and their quality of life have been tangible. However, the Covid-19 crisis has complicated efforts to resolve other pressing problems. These include a lack of reliable electricity supply for many consumers; a continued reliance on solid biomass, mainly firewood, as a cooking fuel for some 660 million people; financially ailing electricity distribution companies, and air quality that has made 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…
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Clean Energy Transitions Programme 2020
…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 Sustainable Recovery Plan and other efforts such as exploring ways to enhance private-sector investment in transmission in Southeast Asia; identifying ways to attract private power sector investment to fund sustainable recovery in…
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Renewables Integration in India
…eight union territories is still around a third of the world average, and is expected to continue increasing despite the government’s intention to pursue strong energy efficiency standards, including LED lighting, efficient cooling and building standards. Total Indian electricity demand has begun to expand again following a significant decline in 2020 due to Covid-19. The pandemic has affected the financial viability of the electricity distribution companies (DISCOMs), which were already struggling with mounting debts and a liquidity crunch. India faces three principal challenges: (1) how to expand reliable energy access and use while maintaining affordability for consumers and…
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Air quality and climate policy integration in India
Frameworks to deliver co-benefits Air pollution has emerged as one of India’s gravest social and environmental problems in recent years. At the same time, the country is experiencing signs of a warming climate with potentially devastating effects in the long term. Energy-related fuel combustion is at the heart of both crises. It is a main source of three major air pollutants, NOX, SO2 and PM2.5, and the largest contributor to India’s CO2 emissions. In many locations, concentrations of particulate matter persistently exceed recommended national and international standards with severe implications for public health.
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E4 Country Profile: Energy Efficiency in India
…by mandatory energy efficiency policies. The main contributor being the Perform, Achieve and Trade (PAT) scheme, the key policy driving efficiency gains in the industrial sector. The adoption of appliance standards and building codes in some states, coupled with growing energy access and new construction, resulted in policy coverage in the buildings sector of 13% in 2018. In the transport sector, the implementation of passenger car and heavy-duty vehicle standards increased the policy coverage to 6% in 2018. Ambitious plans have also been developed to increase the penetration of electric vehicles. Energy efficiency opportunities Under the Efficient World Scenario…
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Unlocking the Economic Potential of Rooftop Solar PV in India
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3. How can the existing remuneration policies of RTS be improved to attract more investment and balance the interests of consumers, DISCOMs and regulators?
4. How can other RTS support schemes be improved and what new policies can be introduced in India to achieve quick acceleration of RTS deployment?
5. How can residential and small or medium-sized enterprise (SME) consumers be effectively encouraged to invest in RTS?
6. How can a holistic policy approach for all distributed energy resources (DERs) be adopted to maximise the value of RTS in combination with electric vehicles (EVs) and storage? Executive summary The… -
Covid-19 impact on electricity
Updated through the end of 2020 In light 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…
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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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The Potential of Behavioural Interventions for Optimising Energy Use at Home
…implement relative to policies that seek to encourage investment. Such measures also tend to be relatively quick to design and implement. What are behavioural interventions and how can behavioural insights enhance the impact of energy efficiency policy? Behavioural interventions are policies and programmes designed to incorporate the insights of scientists who study human behaviour. The aim of these interventions 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…