1Chief-Projects, The Tata Power Company Limited, India
2Professor-Energy & Infrastructure Management, University of Petroleum & Energy Sciences, Dehradun
3Group Head, The Tata Power Company Limited, Jamshedpur, Jharkhand
Online published on 23 October, 2024.
India, as a country aims to increase its installed power generation capacity from 430 GW to 900 GW by 2031-2022, with a focus on renewable energy sources. India has also set ambitious targets to reduce its carbon footprint, including reducing-the intensity of its GDP emissions by 45% from 2005 levels by 2030 and achieving net-zero emissions by 2070. The energy sector is a major contributor to carbon emissions, and significant investments in clean energy technology must reach net-zero emissions by 2070. India’s primary energy growth is predicted to double between 2019 and 2050, mostly-through clean energy and renewable energy sources. The country’s energy sector strategy includes expanding renewable-energy capacity, increasing energy efficiency, promoting electric mobility, transitioning to cleaner coal technologies, ensuring universal energy access, and fostering global cooperation. India’s growing energy demand and diverse energy-mix position it to play a significant role in the global energy transition. However, there are challenges such as the need for significant investments and technological advancements.
Energy Transition, Renewable Energy, Carbon Emissions, Net-Zero Emissions, Energy Efficiency, Sustainable Development Goals, Energy Security, Electric Mobility, Affordability, And sustainability
