India Takes The #2 Rank In Renewable Energy, But Can't Cut Its Heavy Reliance On Coal

Karamchand Rameshwar - Nov 29, 2018


India Takes The #2 Rank In Renewable Energy, But Can't Cut Its Heavy Reliance On Coal

Even though India's renewable energy sector is developing with a rapid rate, claiming the #2 spot in the world, but still have to rely heavily on coal.

It can be a big challenge for India, a country with a huge population and a rapid development, to keep up with the growing requirement for energy. It is commendable that the country is putting heavy investment in renewables to be the second biggest consumer among the developing countries, according to BloombergNEF’s report.

India Solar Power Plant 796x436

India was ranked by the Climatescope survey at the second position, only behind Chila, on the global leaderboard of developing countries. But the country’s efforts are ruined by the coal sector.

103 developing countries were assessed on the report of BloombergNEF by some indicators such as structures of the power sector, installed capacities, infrastructure development rate, emission, and energy policies.

Capture

India is just slightly behind Chile, staying at the #2 position

India has a commendable progress considering that the country has already jumped from the previous #5 rank to now #2. Meanwhile, China has dropped from the leading position last year to position #7 this year.

This clearly shows that the second biggest populous country in the world has taken its goal of installing 175 GW of renewable energy capacity by March 2022 very seriously, as announced in the Paris Climate Accords. And India, so far, has already completed almost 40 percent of that goal, installing 71 GW of renewable energy capacity as of June this year.

The renewables auctioned capacity of India has increased by about 68 percent, and more than $7.4 billion was invested in clean energy, mostly solar, in just the first half of 2018, indicating a considerable increase in the interest in this clean energy sector over this year.

However, according to the report, the number of installed renewable energy infrastructures of India surpassed the number of coal power plants in 2017 for the first time, it shows that the country is still not even close to reaching their goal - unlike some nations which have already vowed to stop using coal within the announced deadline.

Re1

Coal still occupies the largest portion

India has to gradually reduce the amount it invests in the coal sector over time if it wants to set a similarly optimistic goal for the future and in fact, this is already happening.

Noted in the report:

Capture

A consulting firm in renewable energy, Bridge to India, published a report noted that the number of new solar power installments dropped drastically and made a prediction that this trend might continue.

The firm also added in a Quartz report that the remaining 100 GW of the promise of India to, by 2020, reach 175 GW in renewable energy, the progress’ current rates would only make India achieve 67 GW - much lower than its goal.

In addition, by 2025, the population of India most likely get up to 1.5 billion from the current population of 1.3 billion and the challenge to expand the clean energy infrastructure of the country to cater such a large population will be even more daunting.

83900 Ngsversion 1422286576841 Adapt 1900 1

The massive population of India is posing many problems, energy is one of them

The challenge probably is not as tough in some developed nations which have already chosen to forgo the use of coal in the next decade, because the growth rate of their population is not as high as India. So it would not be fair to compare goals and also achievements of India to developed nations. However, this can be an excellent opportunity for the country to show to the world how to change to clean energy a big scale at the time when climate change is posing many real and imminent threats.

Comments

Sort by Newest | Popular

Read more

Bill Gates Prefers Android To iOS And Here Is His Reason

ICT News- Mar 02, 2021

Bill Gates Prefers Android To iOS And Here Is His Reason

Bill Gates said while he had an iPhone, he actually used an Android handset on a daily basis

Elon Musk's Starlink Internet To Come To India In 2022, Pre-Booking Has Already Started

Features- Mar 04, 2021

Elon Musk's Starlink Internet To Come To India In 2022, Pre-Booking Has Already Started

It’s recently revealed that Starlink – the ambitious satellite Internet service of SpaceX, will come to India in 2022

Nike VP Resigns After Son’s Rs 96 Lakh Sneakers Purchase

Features- Mar 03, 2021

Nike VP Resigns After Son’s Rs 96 Lakh Sneakers Purchase

Joe Hebert used his mom's credit card to spend $132,000 or Rs 96 lakh on limited-edition sneakers and resell them at his own small company.

Australian Man Sues Apple For His Exploding iPhone X

Features- Mar 04, 2021

Australian Man Sues Apple For His Exploding iPhone X

Due to the exploding iPhone X, De Rose said he suffered a “second-degree burn” in his thigh. He has contacted Apple but never received a response.

These People Escaped From North Korea On A Hand-Pushed Trolley

Features- Mar 02, 2021

These People Escaped From North Korea On A Hand-Pushed Trolley

The eight people, including a 3-year-old girl, took the train and bus to go from the capital Pyongyang in order to come close to the Russian border.

These Are Best Phone To Play PUBG Under 10000, 20000, And 30000

Mobile- Mar 05, 2021

These Are Best Phone To Play PUBG Under 10000, 20000, And 30000

If you are in search of the best phone to play PUBG, here are our best picks for the three most popular price ranges, ₹10,000, ₹20,000, and ₹30,000.