The ‘175 GW by 2022’ renewable energy target seems unachievable, necessitating the benchmark be moved to ‘450 GW by 2030’ instead. But even that will require the sector to move back to the front foot from 2021.
The near-term outlook for electric vehicles (EVs) remains bleak owing to supply and demand headwinds coupled with the expectation of sluggish investment to scale up the support ecosystem.
Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.
With the inclusion of battery energy storage into new building codes and safety standards, it’s obvious just how mainstream storage is today.
The inefficiency and irregularity of cleaning the solar panels manually, and the associated use of water defeat the purpose of shifting to renewable energies.
Findings from solar installation sites in Gujarat and Rajasthan and some suggestions to handle the issues.
While the solar and storage pairing is still relatively new, the growth over the next five years will be significant globally. As against just 5% in 2019, by 2025 more than 25% of all behind-the-meter solar systems will be paired with storage.
Distributed generation with battery storage can revolutionize solar development in India in the shortest time period with minimal investment.
The draft Electricity Bill 2020 moves us with a toolbox of structural reforms, towards not only efficient but also a progressive electricity market.
Given the close links between energy and economy, an impact analysis is needed to evaluate the sector and initiate suitable measures against unusual circumstances. Government policy thinktank NITI Aayog is working on a roadmap to improve energy data management system for India. The centralized energy data unit will host all demand and consumption data related to all forms of energy, which can be used by researchers, policymakers and business strategy formulators alike.
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