What is India's Energy Transition Policy?
Historical Background
Key Points
9 points- 1.
Target to achieve 500 GW of non-fossil energy capacity by 2030.
- 2.
Target to meet 50% of its energy requirements from renewable energy by 2030.
- 3.
Reduce total projected carbon emissions by 1 billion tonnes from now till 2030.
- 4.
Reduce the carbon intensity of its economy by less than 45% by 2030.
- 5.
Achieve the target of Net Zero emissions by 2070.
- 6.
Promotion of Green Hydrogen through the National Green Hydrogen Mission.
- 7.
Focus on energy efficiency measures and demand-side management.
- 8.
Development of Green Energy Corridors for transmission infrastructure.
- 9.
Incentivizing manufacturing of renewable energy components and energy storage solutions.
Visual Insights
India's Energy Transition Policy: Goals, Pillars & Challenges
This mind map illustrates the core components of India's energy transition policy, connecting its overarching goals with key strategic pillars and the inherent challenges.
India's Energy Transition Policy
- ●Overarching Goals
- ●Key Targets (by 2030)
- ●Strategic Pillars
- ●Major Challenges
Recent Developments
5 developmentsLaunch of the National Green Hydrogen Mission with an outlay of ₹19,744 crore.
Implementation of Production Linked Incentive (PLI) schemes for High-Efficiency Solar PV Modules and Advanced Chemistry Cell (ACC) Battery Storage.
Focus on grid modernization and energy storage to integrate intermittent renewables.
Increased private sector investment and foreign direct investment in the renewable energy sector.
Development of offshore wind energy and pumped hydro storage projects.