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DAILY NEWS ANALYSIS
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24 September, 2019
3 Min Read
GS-III: Renewable energy target to be more than doubled.
News
India’s renewable energy target will be increased to 450GW ,PM Modi said at United Nations Climate Action Summit. India today has come not just to talk about the seriousness of this issues but to present a practical approach a road map.
Renewable energy in India –Progress, Challenges, Opportunities
The government had set an ambitious target to achieve 175GW renewable energy but India extended the target 450GW of Renewable Energy capacity by 2022. According to BP Energy Outlook report 2019 the consumption of coal 56% in 2017 decline to at least 48% in 2040. This shows that India has adopting clean energy technology .If necessary measure are not taken , India will not be able to adapt to the era defining by sustainable energy technologies.
What is Renewable Energy?
Why is it important for India?
Reduce Oil Demand:
Rural Electrification:
Government Policy Initiatives in the Renewable Energy Sector:
Way forward:
It is estimated that India has the capacity to extract 900GW from commercially available sources like wind , hydro energy ,bio energy etc.
High financial assistance is essential for this nascent sector to grow.
Bulk production can reduce the production cost.
It is essential to integrate the new technologies with the existing infrastructure to reduce the cost of renewable technology.
Source: THE HINDU
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