Gireesh Shrimali's blog

Adjustments to Indian Renewable Energy Policies Could Save up to 78% in Subsidies

Recently, the Government of India announced plans to award licenses for an additional one gigawatt of solar in the next year – about half the capacity of the Hoover Dam and enough to meet the energy needs of two million people. This move is part of India’s already ambitious targets for renewable energy that aim to address rising energy demand, decrease the country’s dependence on fossil fuel imports, and mitigate climate change.

In India, the Solar Mission is meeting the target for solar PV but not for solar thermal

In 2010, India’s Jawaharlal Nehru National Solar Mission (JNNSM) set a target to develop 20,000 MW of solar energy by 2022.

This target was to be achieved in three phases: Phase 1 by early 2013; Phase 2 and 3 by 2017 and 2022 respectively. Phase 1 was further implemented in two batches: Batch 1 with capacity targets for solar PV and solar thermal; and Batch 2 with a capacity target for solar PV only.

In India, Renewable Energy Certificates are missing the target

Gireesh Shrimali, an Assistant Professor of Energy Economics and Business at the Monterey Institute of International Studies (MIIS), summarizes in this blog an assessment of India's renewable portfolio standard strategy.

In 2008, India's National Action Policy on Climate Change set a renewable portfolio standard, called the Renewable Purchase Obligation (RPO), to produce 15% of the country's electricity with renewable energy sources by 2020. Further, under the Jawaharlal Nehru National Solar Mission, the Indian government aims to develop 20,000 MW of solar energy by 2022.

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