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Will new PV manufacturing policies in the United States, India and the European Union create global PV supply diversification?
…However, the one-time subsidy means that manufacturing efficiencies will need to be achieved through economies of scale to maintain long-term competitiveness. Meanwhile, fully monetising manufacturing tax credits in the United States could bring all the country’s segments of solar PV manufacturing to cost parity with the lowest-cost manufacturers. Favourable solar PV manufacturing policies in India and the United States have spurred multiple new project announcements. In the first phase of India’s PLI programme, almost 9 GW of integrated manufacturing capacity were contracted, and in the second phase the government is expecting to subsidise another 65 GW…
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Petroleum Prices, Taxation and Subsidies in India
The views expressed in this report are those of the author(s) and do not necessarily reflect the views or policy of the IEA or of its individual member countries. The current Indian system of effectively subsidised petroleum product prices has significant implications for the emergence of India as a major global energy consumer, for the integrity of India’s Central Government budget and for investment in India’s growing oil and petroleum sector. This report is part one of a broader study that looks at the current system of petroleum pricing and the macroeconomic, microeconomic, regional and global effects…
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India’s Downstream Petroleum Sector
India’s Downstream Petroleum Sector This study provides a holistic examination of pricing and investment dynamics in India’s downstream petroleum sector. It analyses the current pricing practices, highlights the tremendous fiscal cost of current pricing and regulatory arrangements, and examines the sectoral investment dynamics. It also looks at potential paths towards market-based reform along which the Indian government may move, while at the same time protecting energy market access for India’s large poor population.
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Implementing Clean Energy Transitions
Focus on road transport in emerging economies This report assesses the impact of the road transport sector on energy demand, CO2 emissions and air pollution in several selected major emerging economies over the coming decades under several IEA modelling scenarios. Most notably the Announced Pledges Scenario (APS) aims to show to what extent announced ambitions and targets, including the most recent ones, are on the path to deliver emissions reductions required to achieve net zero emissions by 2050.Bringing about a road transport decarbonisation pathway in line with the APS in the selected major emerging economies - Brazil, People’s Republic…
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Coal in the Energy Supply of India
Coal in the Energy Supply of India Indian coal reserves are the third largest in the world, after the United States and China. India is the third largest coal producer in the world and the eighth largest importer. With annual production of 310 million tonnes and imports of almost 25 million tonnes, coal provides one-third of energy supply in India.
The Indian government forecasts huge increases in electricity capacity based on coal. Massive increases in coal supply would be required if these plans are realised, although it is not clear if they are feasible. The principal objective of Indian… -
India Case Study
Cost of Capital Observatory Case Study The Cost of Capital Observatory is an initiative from the IEA, the World Economic Forum, ETH Zurich and Imperial College London. The aim of the Observatory is to increase transparency in the energy sector and inspire investor confidence, especially in emerging and developing countries where data on financing costs is scarcer.Case Studies include lessons learnt of how policymakers, together with the private sector, development finance institutions and other entities managed to mitigate risks and mobilise capital for clean energy sectors across the emerging and developing world.
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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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Energy Efficiency Outlook for India: Sizing up the opportunity
This report was produced as part of the Energy Efficiency in Emerging Economies (E4) Programme which is managed by the Energy Efficiency Division of the IEA.This analysis aims to inform government, businesses and other stakeholders about the prospects for energy use in India and the role that energy efficiency improvements offer in the period to 2040. It quantifies the potential energy savings and related CO2 emission reductions, and the associated costs and benefits of policies aimed at exploiting that potential. The report also includes energy efficiency policy recommendations for each sector covered.
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Clean energy transitions: Accelerating innovation beyond 2020
Focus on India In recent years, governments have increasingly focused on innovation as a means to accelerate clean energy transitions and meet climate targets under the Paris Agreement. Despite efforts, illustrated by Mission Innovation country pledges to double public research and development spending in clean energy over a five-year period, much remains to be done. This brief Discussion Paper provides an overview of IEA work on innovation as part of clean energy transitions, tapping into India’s experiences and success stories. It also considers aspects relevant to multilateral innovation partnerships including Mission Innovation, and suggests ways forward for policy…
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Turning a Liability into an Asset: Landfill Methane Recovery in India
Landfill Methane Recovery in India Turning a Liability into an Asset Solid waste disposal sites are not often seen as opportunities for energy solutions. The waste that is disposed in open dumps and landfills generates methane and other gases as it decomposes, causing concerns about explosions, odours, and, increasingly, about the contribution of methane to global climate change. However, the liability of landfill gas (LFG) can be turned into an asset. Many countries regularly capture LFG as a strategy to improve landfill safety, generate electricity, reduce greenhouse gas emissions, and to earn carbon emission reduction credits (e.g. 40% for…