India needs renewable energy from various sources in order to meet the Conference of parties 26 commitments. Elaborate (200 Words)
Refer - Financial Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 3 years
KEY POINTS
· There was a clear acceptance of the need for more financial assistance to help poorer nations graduate from fossil fuels.India, the world’s fourth-biggest emitter of carbon dioxide after China, the US and the EU, made its own set of commitments.
· It pledged to bring its economy’s carbon intensity down to 45% by 2030 and fulfill 50% of its energy requirement through renewable energy by 2030.
· It would achieve Net Zero status by 2070. It would increase its non-fossil energy capacity (read Renewables plus Nuclear plus Hydroelectricity) to 500 GW by 2030.
· Annual cooling and heating loads can consume 1,000-1,200 KWhr in a typical home—thereby generating approximately 1 ton of CO2 per year if sourced from coal.
· India cannot meet its Net Zero emissions targets without nuclear power, as per Anil Kakodkar, eminent nuclear physicist and former chairman of the Atomic Energy Commission.
· And, 8,000 MW of nuclear power plants are at various stages of construction, including the four Kundankulam units and the 500 MW Prototype Fast Breeder Reactor.
· The government formally recognized large hydropower as renewable in 2019. Draft policies under preparation are expected to support stalled hydropower projects and private sector uptake and could include measures to make hydropower tariffs more competitive.
Susmitha T 3 years
Please review
IAS Parliament 3 years
Good attempt. Keep Writing.
K. V. A 3 years
Kindly review
IAS Parliament 3 years
Try to provide a comprehensive conclusion. Keep Writing.
