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Clean Energy Investment Trends 2021
Evolving Financial Performance Expectations & Power Procurement Mechanisms In India The Indian utility-scale RE sector was characterised by contrasting fortunes in 2020 and the first half (H1) of 2021. Interest to invest remained robust even amid the COVID-19 disruption with solar PV and hybrid solar-wind capacity awarded rising 35% year-over-year to 21 GW in 2020. However, capacity awarded plummeted to 2.6 GW in H1 2021 as a backlog of unsigned power sales agreements (PSAs) held up the tendering of new capacity. In parallel, the awards of new wind capacity came to a standstill in 2020…
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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… -
Clean Energy Transitions Programme 2020
Annual report 2020 Since the launch of the Clean Energy Transitions Programme (CETP) in late 2017, the IEA has significantly expanded its work to help accelerate energy transitions in major emerging economies. The CETP is playing a critical role in supporting clean energy transitions, putting sustainable development at the heart of economic recovery measures and further strengthening the IEA family.
The CETP Annual Report 2020 highlights the programme’s main activities, presenting major outcomes and areas for further work as well as planned activities for 2021. It also summarises IEA activities related to clean energy transitions at a global level…
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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.
In 2019… -
Fuel economy in India
…2017 and 113 gCO2/km in 2022. Fuel efficiency labelling for new vehicles has been mandatory since 2011.As part of the National Electric Mobility Mission Plan (NEMMP) 2020, India developed the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme in 2015. FAME was designed to accelerate the uptake of hybrids and electric vehicles through providing subsidies that reduce the upfront purchase price of these vehicles.India’s National Mission on Electric Mobility was launched in 2018. Subsequently, the National E-Mobility programme was launched to promote public procurement of electric vehicles and deployment of charging infrastructure. In 2019…
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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… -
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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India Energy Outlook 2021
World Energy Outlook Special Report India Energy Outlook 2021 explores the opportunities and challenges ahead for India as it seeks to ensure reliable, affordable and sustainable energy to a growing population. The report examines pathways out of the crisis that emerged from the Covid-19 pandemic, as well as longer-term trends, exploring how India’s energy sector might evolve to 2040 under a range of scenarios. Executive Summary India’s future prosperity will hinge on affordable, clean and reliable energy… India has seen extraordinary successes in its recent energy development, but many challenges remain, and the Covid-19 pandemic…
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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…
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E4 Country Profile: Energy Efficiency in India
Overview India’s final energy consumption increased by 50% from 2007 to 2017, with growth across all sectors, but with the largest increases in the industrial and transport sectors. It has seen 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…