The Energy And Resources Institute (TERI) And Shell Report:
The Energy and Resources Institute (TERI) and Shell have released a report titled “India: Transforming to a Net-Zero Emissions Energy System”.
- It illustrates a pathway to steer the domestic energy system towards net-zero emissions by 2050 while achieving India’s sustainable economic development ambitions.
- Possible yet Challenging: India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale.
- Increase Renewables: The share of renewables in the power mix needs to increase to 90% for India to meet its net-zero goal. This is around 11% in 2019-2020.
- Coal-fired Power Plants: India must phase out its coal-fired power plants and remove them altogether by 2050.
- Technology Access: The availability, or absence, of Carbon Capture and Storage (CCS), would define the shape of India’s energy systems. If CCS technology were commercially unviable:
- Biofuels would have to account for 98% of India’s oil, compared to a negligible share currently.
- Over two-thirds of India’s industrial and transport energy use would have to be electrified, compared to less than 20% share of electricity in industrial energy use and negligible share in transport energy use as of now.