In a recent webinar, the Prime Minister of India stated that in recent years, India has added 139 Giga Watts capacity and reached the goal of one nation-one grid-one frequency. He added that reforms like the UDAY scheme were undertaken to improve financial and operational efficiencies. He further added that India has become a power surplus country from a power deficit one. The idea of One Nation, One Grid has been making rounds in the news for the last few years. However, the idea is not new to us. To reach the ambitious goal of India becoming a nation using renewable energy sources for most of its needs, the idea of One Nation, One Grid is vital. The energy sector plays a crucial role in the progress of the country and influences both ease of living and ease of doing business. To fulfil the goals, the nation needs to have last-mile connectivity and One Nation, One Grid is a step forward in this direction.
India is anticipated to be the biggest contributor to the renewables boom in 2021, with the country’s annual growth in renewables doubling from 2020. Recently, the Prime Minister of India mentioned about having huge renewable energy deployment plans for India for the next 10 years which are likely to create business opportunities of around $20 billion a year.
With a population of close to 1.4 billion and a fast-growing economy with enormous potential to grow, India’s energy mix in future years will be critical for the climate action targets of the world and India itself. India is already the third-largest energy-consuming economy after China and the United States. In this backdrop, India’s solar energy targets are discussed widely for its ambitious targets, the strategy to achieve it, and the gap between current status and required efforts. The debate came to the fore once again when the Prime Minister in recently Inaugurated a 750 MW solar project in Rewa district Madhya Pradesh.
According to the ministry of new and renewable energy (MNRE), India’s offshore wind energy potential is estimated to produce around …
In the UN General Assembly (UNGA), India declared that nuclear energy is crucial for meeting the challenge of climate change and suggested measures to increase its public acceptance. It has to be noted that, nuclear energy has been receiving stiff opposition and some countries even plan to phase out their nuclear power plants due to their inherent risks. Recently, India’s largest indigenously designed PHWR, KAPP-3, achieved criticality, becoming another feather to the cap of Make in India initiative.
The International Energy Agency, in its India 2020 Energy Policy Review, has recommended adoption of NITI Aayog’s Draft National Energy Policy, which is under consideration since 2017 and is yet to be enforced due to several inter-ministerial differences. This said policy fails to address various other issues faced by India’s energy sector. Therefore, changes must be made in a way that enables coordination of all parties and also allows the country to adopt green energy as climate change has a significant impact on India’s economy and people. This reformed policy must be adopted as soon as possible as the country is currently facing rampant energy poverty despite having surplus energy under its domain.
Since conducting its second nuclear tests in 1998, India had adhered to a self-imposed commitment to “No First Use” of nuclear weapons on another country. However, on August 16th, 2019, Defence Minister Rajnath Singh had hinted that in future India’s “no first use” policy “depends on circumstances”. Following this episode, the Defence Minister had effectively reduced the already bleak chances of India becoming a member of the Nuclear Suppliers Group. However, in the current situation, it matters very little for India as it already has the necessary benefits it needs to expand and operate its nuclear programme.
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.
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.