The partnership will lead to enhanced power system modeling backed with rich data-sets to identify interventions for addressing power sector problems like grid instability.
With this, green hydrogen (hydrogen produced using renewable energy) would become cost-competitive with hydrogen from fossil fuels in certain industrial applications such as ammonia production for fertilizers.
The Energy and Resources Institute (TERI) has signed a Memorandum of Understanding (MoU) with the India arm of Norwegian energy company Greenstat to set up a Centre of Excellence for hydrogen in India and accelerate deployment of hydrogen technologies in the country.
Climate Policy Initiative and REConnect Energy have developed an innovative mechanism called Garuda to retire old, inefficient thermal plants with equivalent renewable capacity. The scheme proposes a blended tariff that would include the normal tariff for the new renewable energy plant plus the cost of decommissioning the old fossil fuel plant, while making the provision for green bonds to finance RE.
A TERI paper details how the state’s inefficient electric utility transformed into one of India’s most high-performing electricity distribution companies. The study provides a learning opportunity to other sector stakeholders from India and overseas.
The Portal for Renewable Energy Action Assessment Metrics is an online rating system which enables businesses to self-assess their renewable energy consumption.
Heavy industry players Dalmia Cement (Bharat) and Hindalco are among the companies committed to enhancing energy efficiency, renewable energy, and circular economy across their member companies and supply chains. Other signatories included Siemens Energy India, Thermax, Shell Group of Companies India and Tata Consulting Engineers.
The system will use an innovative solar film developed by Power Roll that can be manufactured for just $0.03/Watt and deployed on a wide range of non-load bearing buildings, including agricultural and warehouse roofs.
The state-owned engineering firm will supply and set up a cumulative 410 kWh of battery energy storage systems in Delhi under UI-ASSIST (US-India Collaborative for Smart Distribution System with Storage) initiative of TERI.
The Indian energy thinktank and the US-based consulting firm will research to demonstrate the viability of hydrogen as a sustainable solution for India’s energy needs.
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