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Achieving Net Zero: The Role of Renewable Energy in India’s Climate Commitments

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Executive Summary


  1. Climate change is causing severe repercussions globally, including record-high temperatures and disastrous floods in Asia. India, as one of the world’s top energy consumers, faces enormous pressure to decrease emissions and transition to cleaner energy sources.


  2. India’s Net Zero Commitments (Panchamrit Goals, COP26):

    1. Install 500 GW of non-fossil fuel energy capacity by 2030.

    2. By 2030, renewables will account for 50% of total energy consumption.

    3. Reduce carbon emissions by one billion tonnes by 2030.

    4. Cut the carbon intensity of GDP by 45% by 2030.

    5. Achieve net-zero emissions by 2070.


  3. Technology and Innovation: Advances in PV cells, wind turbines, and smart networks are revolutionising energy supply. Battery storage and pumped hydroelectricity are helping to handle the intermittent nature of renewable energy. The National Green Hydrogen Mission is a game changer in industrial decarbonisation.


  4. Government Schemes Driving Net Zero:

    1. PM Surya Ghar Muft Bijli Yojana (Rooftop Solar)

    2. FAME Scheme (EV Subsidies)

    3. National Solar Mission

    4. National Green Hydrogen Mission

    5. PAT Program for Energy Efficiency in Industry


  5. Achievements and Global Standing:

    1. India ranks fourth globally in terms of renewable energy capacity (IRENA)

    2. Non-fossil fuels presently account for 49% of India’s installed capacity.

    3. Since 2014, solar capacity has grown 38 times, while wind capacity has more than doubled.


Author: Isha Diwakar Madavi


Read the report here:


Disclaimer:: The views, opinions and the data expressed in this report are those of the authors alone and do not necessarily reflect the official policy or position of any affiliated organization or institution


 
 
 

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