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    India’s Updated (2016) Renewable Energy “Guidelines”: Bold targets, but can we meet them?

    Tongia, Rahul | August 2016
    Abstract
    The government has announced a number of targets and support mechanisms for RE. Almost two years ago, the central government announced plans to grow to 175 GW of RE capacity by 2022, more than a five-fold growth in just seven years. RE has since been supported through a number of financial and non-financial means (and enjoyed support even before the 175 GW targets). Recently, the Indian cabinet approved amendments to the National Tariff Policy to push for 8 per cent of generation to come from solar by 2022 (excluding hydropower). The approval also talks of free inter-state transmission of wind and solar. On the other hand, the same amendments ask for maximising use of existing power plants to save money. At some point, maybe sooner than people realise, this will lead to a disconnect. While RE is worthy of support, one has to triangulate its implications, not just on the grid or finances, but also on alternative sources of supply as well. To scale sustainably, RE needs not just improvements in costs (solar prices are falling the fastest of major RE sources) but also improved frameworks for incorporating such power to the Indian grid. As a Brookings India study has shown for RE, coal, and power demand, if we try and triangulate, the numbers don’t quite add up. The targeted 1,500 million tonnes of coal (by 2020)—mostly used by the power sector—and an added 175 GW of RE by 2022 would lead to an overcapacity of supply.
    Citation
    Tongia, Rahul. 2016. India’s Updated (2016) Renewable Energy “Guidelines”: Bold targets, but can we meet them?. © Brookings India. http://hdl.handle.net/11540/6975.
    Keywords
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Development policy
    Energy Demand
    Alternative energy program
    Domestic Energy
    Energy
    Energy Demand
    Energy Sources
    ADB
    Alternative Energy Development
    Asian Development Bank
    Development
    Development Cooperation
    Rural Development Projects
    Energy Development Finance
    Renewable Energy
    Energy
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
    Rural manpower policy
    Biogas
    Biomass chemical
    Biomass gassification
    Biomass energy
    Demand
    Energy Security
    Renewable Energy Source
    Supply and Demand
    Technology
    Solar energy policy
    Development banks
    Infrastructure
    Joint venture
    Energy policy
    Renewable energy source
    Solar energy
    Energy development
    Technology
    Sun
    Energy resource
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/6975
    Metadata
    Show full item record
    Thumbnail
    201608_RPOsforIndia_RT-2.11.pdf (1.423Mb)
    Author
    Tongia, Rahul
    Theme
    Development
    Energy

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