19/10/2021 - Renewable Energy

I THINK I HAVE DONE A PROMT ATTEMPT FOR THIS QUESTION .CAN I GET THE ANALYSIS FOR THIS QUESTION?

KEY POINTS

·        As part of the Paris Agreement, India has committed to produce 40% of its installed energy capacity from non-fossil sources by 2030.

·        India’s solar business is now largely dependent on solar equipment imports.

·        According to the Ministry of New and Renewable Energy (MNRE), India imported $2.5 billion worth of solar wafers, cells, modules, and inverters in 2019-20.

·        To meet its RE aspirations and address it’s increasing power requirements, we need to shift our reliance on imports and boost domestic production through policy measures.

Addressing the roadbocks

·        To begin with, it is important to build a strong grid infrastructure. This could be accomplished through financial incentives and technological advancements.

·        These utility-scale renewable energy projects have seen the lowest tariffs and are critical to our energy transformation.

·        it is also necessary to train and upskill the youth in order to fulfil the demands of a flourishing RE industry.

·        A key role would be played by expanding the MNRE’s Surya Mitra training programme and delivering certification through empanelled institutions.

·        In conclusion, for more organic growth of the renewable sector, the RE targets should be enforced through the State Governments.

Please Review !

Please review

As part of the Paris Agreement, India has committed to produce 40% of its installed energy capacity from non-fossil sources by 2030.  

India’s 2022 target of renewable energy (RE) is 175 GW which includes 100 GW of solar power. Recently, India has also set an aspirational goal of installing 450 GW of RE by 2030. For achieving this goal we must knows cons .

1. Import dependent: 

It is good that we are aiming to achieve big goals for country and people welfare but achieving this goal we must produce the spare parts of solar. India import 2.5$ billion worth spare parts. So we must provide infrastructure and produce in Indian solar system. Which is less costly in price plus it'll boost our economy which is also support government make in India policy .

2. Skills: 

After importing solar parts second major problem is skills. We do have young youth who can make big difference in achieving our goal but without skills if we can trained them and use their skills. For ex. We can provide different skills programs and it'll be create different jobs.

3. Infrastructure: 

If we solve first two problem then third one is infrastructure. Supposed we are less importing solar system then before and trained our youth but we still don't have that infrastructure like machinery, technology etc. We need to advance technology and machinery so for that we can take help of private players or companies.

4. Policy: 

Government policies are not as flexible as it should be. Even private company may invest but there's no loan or subsidy which help them plus tariff and government budgets only 12% of coal and mining. On top of that no insurance policy exist if in case plan doesn't go as it plan. So how can private companies will invest. 

In short we should change some method like making policy flexible for private investor participation which help us to made or create infrastructure we need.