WASHINGTON: India is committed to decarbonising its economy as a responsible global citizen, though the country's priorities are different from the developed world, Union petroleum and natural gas minister Dharmendra Pradhan has said.
Observing that India's energy demand is all set to increase in the coming years, he told a US think-tank that the future of the growth of energy demand will come from India.
India has set a massive target of achieving 175 GW of Renewable capacity by year
2022 and is undergoing an energy transition. Around 94.4 GW of RE capacity has
been installed as on 31.03.2021. CEA has been actively monitoring and tracking
detailed information for conventional fuel plants, similar data is not readily available
for RE plants. In this connection RE dashboard so developed in collaboration with
Council on Energy, Environment and Water (CEEW) is Scheduled to be launched on
21st April 2021 at 1530 onwards.
The Tamil Nadu Electricity Regulatory Commission (TNERC) has heard a petition filed by the distribution company and approved an additional surcharge of ₹0.70 (~$0.0093)/kWh, payable by open access consumers.
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) had requested an additional surcharge of ₹1.23 (~$0.016)/kWh.
The respondents to the petition were Tamil Nadu Spinning Mills Association; Indian Wind Power Association; Southern India Mills Association; Watsun Infrabuild Limited; and Tamil Nadu Power Producers’ Association.
India has been ranked at the 87th position among 115 countries in the Energy Transition Index (ETI) that tracks nations on the current performance of their energy systems across various aspects, according to a report.
The report from the World Economic Forum (WEF) released on Wednesday and prepared in collaboration with Accenture also draws on insights from ETI.
The top 10 countries in the index are Western and Northern European countries, and Sweden is in the first position followed by Norway (2nd) and Denmark (3rd).
The Biden administration on Thursday set a goal to cut the cost of solar energy by 60% over the next decade as part of an ambitious plan to decarbonize the United States' power sector by 2035.
The U.S. Department of Energy said the goal accelerates its previous utility-scale solar cost target by five years. For the U.S. power grid to run entirely on clean energy within 15 years, a key pillar of President Joe Biden's climate change agenda, solar energy will need to be installed as much as five times faster than it is today, DOE said.
