Reading Time:11mins The power sector in India, like many other sectors in the Indian economy, is presently facing numerous issues. At least three indicators of the health of India’s power sector, demand, supply or generation and capacity utilisation of power plants are painting worrisome picture fuelled by the broader on-going economic slowdown and the continued deterioration in the financial health of discoms. Government measures have mostly focused on short-term problems without addressing the core issues and their causes. A comprehensive strategy to promote the growth and development of this sector is a need of the hour.
Reading Time:5mins India recently held the second assembly of the International Solar Alliance (ISA) in October 2019. India is the current president of the ISA and France is the co-president.
International Solar Alliance represents India’s continuing efforts towards fighting Global warming and climate change. As the world still deliberates over the possible mechanisms to counter the impacts of climate change, The ISA is an action-oriented, sustainable model to balance the needs of developing countries and environmental efforts. It is the first organization working in the renewable energy sectors focusing solely on solar energy.
Reading Time:4mins NITI Aayog’s Draft National Energy Policy had called for a single unified ministry to administer India’s energy sector. India currently has a number of ministries and government departments to deal with issues pertaining to the energy sector. This is not allowing for the optimum use of energy and is increasing the complexity of the energy-related issues. The Draft NEP is going to be placed for the Cabinet approval in the near future. Accepting and implementing the NEP’s recommendations on reforming energy governance is vital for addressing the country’s energy sector issues. However, the government should also carefully traverse the recommended reform given the hard-hitting implications on the existing bureaucratic structure.
Reading Time:6mins The government has set the target of achieving 100% Electric vehicles by 2030. Manufacturing and putting the electric cars on road is the vision to make India pollution free along with saving billions of dollars in fuel cost and creating new job opportunities. However, there are also criticisms that India is not yet ready for electric vehicles which we will discuss in this article with a suitable way forward.
Reading Time:8mins Updates * The government had set an ambitious target of achieving 175 GW renewable energy capacity by the year 2022 which is near impossible considering the fact that India has currently crossed only 80 GW renewable energy capacity and coal is still among its primary energy sources. According to BP Energy Outlook 2019, the consumption …
The Ministry of New and Renewable Energy (MNRE) had launched a massive solar-pump programme called PM-KUSUM in February this year. This scheme, though well-intended, has numerous drawbacks and is in need of reforms for it to be successful in the long run.
On early September this year, the Cabinet Committee of Economic Affairs, headed by the Prime Minister, has approved the hike of the procurement prices of ethanol. This move comes amidst the crisis of sugar surplus and increasing tensions between Iran and the US.
This move is of significance as the high prices are being offered for the procurement of ethanol that is manufactured from all the sugarcane-based routes including the partial sugarcane juice routes. This move has also, for the first time, has allowed the use of sugar and sugar syrup for the ethanol production.
The world is currently facing high fuel prices due to the brewing tensions in the Middle East. India must take all steps necessary to reduce the oil consumption to reduce the dependence on oil imports. The promotion of ethanol manufacturing to increase its production is a need of the hour.