Karnataka Tops India’s State Energy Transition

Karnataka and Gujarat have emerged as India's frontrunners in the switch to clean electricity, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember.
While the IEEFA studies topics relating to energy markets, trends, and regulations, Ember is an independent, not-for-profit think tank focused on climate and energy concerns.

What are the Report's Highlights?

Methods of Evaluation:

In the report "Indian States' Energy Transition," 16 States, which produce 90% of India's electricity, were given scores based on performance against four major criteria:

Decarbonisation:

Functionality of the Power System
Policy readiness and political commitments in the power ecosystem

Assessment:

Karnataka is the only state out of the 16 examined to have received high marks in each of the clean electricity transition's four criteria.
Also, the State installed 100% of its goal for installing smart metres and went 16% above its goal for separating feeders.
Karnataka was somewhat ahead of Gujarat in decarbonizing its electrical sector. States like West Bengal, Bihar, and UP are well behind in this area. Haryana and Punjab have demonstrated promising preparations and implementations for the shift to electricity.
West Bengal received low marks on all of the criteria, and from March 2018 to March 2022, the amount owed to generators grew by 500%.
The readiness of the power grid needs to be increased in Rajasthan and Tamil Nadu.

Suggestions:

States are advised to adopt a multifaceted strategy for the transition to clean power, which includes actions on the demand side, in addition to increasing renewable energy generation and storage.
Innovative bilateral financial market mechanisms, such as contracts for difference (CfD) and virtual power purchase agreements (VPPAs), have a great deal of potential to expand the market and provide buyers and regulators with the assurance they need to manage intermittent renewable energy generation.
It asked for an increase in data accessibility and openness so that progress could be monitored efficiently and course corrected as needed.

What is the Clean Energy Goal for India?

India has promised to produce nearly half of its power from non-fossil fuel sources and lower the GDP's carbon intensity by 45% by 2030 as part of its international obligations.
States must modify their electricity delivery infrastructure in order to effectively integrate inputs from a variety of power sources, including solar, wind, hydropower, and current fossil fuel sources.
With regard to transitioning its power industry, India is now on the right track thanks to its updated Nationally Determined Contribution (NDC) targets.

Read Also: CLIMATE TARGET 2030

Source: The Indian Express

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