The Punjab Energy Development Agency has released a draft green hydrogen policy aiming to achieve a green hydrogen and ammonia production capacity of 100 kilo tonnes per annum by 2030. The policy proposes extending incentives under the existing “Punjab Industrial and Business Development Policy 2022” to new green hydrogen and …
Shipbuilders lured by a temporary bull market will likely be left stranded as the world transitions away from fossil fuels. They are facing significant risk by overshooting liquefied natural gas (LNG) shipping capacity that is inconsistent with future energy scenarios. This report finds that the uptake in shipping capacity far …
Agrivoltaics —the simultaneous use of land for both agriculture and photovoltaic (PV) power generation —offers a potential solution to the competition for land resources between agriculture and renewable energy that may arise in the future in India. This background paper assesses the current state of development and identifies the challenges …
The Union government amended the green energy open access rules for the second time, in which it changed the name of the regulation to Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second Amendment) Rules, 2023. While the latest amendment was notified on May 23, the first amendment was …
The Central Electricity Authority (CEA) has notified the National Electricity Plan (Volume-I Generation) for the period of 2022-32. The plan includes the review of the period 2017-22, a detailed plan for the period 2022-27, and the prospective plan for the period 2027-32. As per the plan, the likely installed capacity …
Key stakeholders are now starting to recognise the potential of using decentralised renewable energy (DRE) technologies such as dryers, silk-reeling machines, vertical fodder grow units, and others to transform India’s rural economy. But several questions on their market potential, viability and impact are also emerging. As part of the Powering …
Decentralised Renewable Energy (DRE)-Powered Technologies, having a market potential of $50 billion+(INR 4 lakh crores), can help India generate resilient and sustainable livelihoods for its marginalised communities. This study, the first-of-its-kind in India, establishes the socio-economic and environmental impact of DRE livelihood technologies on its users. Further, the brief highlights …
This paper takes a closer look at the potentially huge economic and fiscal transition costs of global decarbonization in fossil fuel export-dependent economies. The paper identifies 40 heavily fossil fuel dependent economies. It is estimated that these countries will lose more than 60 percent in oil rents alone during the …
SMRs are advanced nuclear reactors with power generation capacities ranging from less than 30 MWe to 300+ MWe. The report by NITI Aayog looks at the role of SMRs in the energy transition, the status of technology development, readiness of supply chains, initiatives to harmonise SMR regulation and the international …
The Ministry of Power (MoP) has conveyed to all state electricity regulatory commissions (SERCs) to take appropriate action for determination of green tariff, implement the green open access rules notified by the central government and align open access regulations in accordance with the notified rules, at the earliest. MoP has …
Energy storage is key to both effective integration of renewable energy systems with the electricity grid, and accelerating the adoption of electric vehicles (EVs). This brief discusses the technological trends in lithium-ion (Li-Ion) batteries, and assesses the energy storage needs of the Indian power and transportation sectors. It looks at …
In the clean cooking sector, the successful application of Results-Based Financing (RBF) instruments has been observed for the climate co-benefit, where the market for averted greenhouse gas (GHG) emissions has enjoyed strong performance; however, supplementing GHG emission-reduction credits with tradeable assets from clean cooking’s additional co-benefits requires developing rigorous methods …
The ongoing global energy crisis has highlighted countries’ vulnerabilities to energy shocks due to an overdependence on fossil fuels. Clean energy sources are an ideal option for states looking to hedge against the risks associated with fossil fuels. Moreover, recent technological advances and falling costs have placed renewables at the …
The Revenue Department, Government of Gujarat, has issued the ‘Policy 2023’ for leasing out land to foster the growth of green hydrogen production in the state. The policy aims to provide the framework for promoting green hydrogen production by using renewable energy to make the best use of land and …
In its latest report, IEEFA has found that globally significant financial institutions (FIs) are committing to divesting away from coal at a quicker rate as climate change becomes a priority globally. It took almost six years for the first 100 institutions to adopt coal exclusion policies, but since then the …
Oil and gas operations account for nearly 15% of energy-related greenhouse gas emissions today and the industry has the ability and resources to cut them quickly and cost effectively. This new IEA report examines the immediate steps the oil and gas industry needs to take to significantly reduce its emissions …
As India is celebrating 75 years of Independence, NITI Aayog in partnership with UNDP is bringing out the compendium of Best Practices in social sector showcasing 75 case studies which truly highlight the theme ‘Achievement@75’ at the local levels. These practices have been sourced from the 28 States and 8 …
The cost of capital (CoC) for renewable power generation technologies is a major determinant of the total price to purchasers of renewable electricity. Both reliable data, and a deep understanding of the composition of the CoC and its drivers, are therefore critical information. Crucially, even small differences in the CoC …
The need to scale up the deployment of technologies such as green hydrogen, energy storage and offshore wind has become increasingly critical to the success of the global energy transition and to meeting global climate goals. To this end, access to low-cost capital for project financing in G20 Member Countries …
Developed collectively by the World Business Council for Sustainable Development (WBCSD), the Council for Inclusive Capitalism and PricewaterhouseCoopers LLP (PwC) this report represents a compilation of insights and case studies to support energy companies in their efforts to advance a just transition to a net-zero carbon energy system. The report …
This report explores what a global transition to net zero could mean for Asia and the Pacific under a range of climate policy scenarios and provides recommendations. Developing Asia faces a climate policy crossroads. The region is highly vulnerable to climate change, even as it is an increasing contributor to …
