India’s national transmission grid must urgently modernise to increase rate of renewable energy adoption: Study

Kolkata: India’s national transmission grid must urgently modernise to increase rate of renewable energy adoption, a study by Institute for Energy Economics and Financial Analysis (IEEFA) suggests. “This is a key prerequisite for achieving renewable energy investment ambitions while accelerating its progress,” the study indicated.

As of December 2019, India had installed 86 gigawatts (GW) of renewable energy capacity. The country has an ambitious target of 175GW of variable renewable energy by 2022, rising to 450GW by 2030. “Renewable energy resources are abundant in India, but not evenly spread. While some states have plentiful wind and solar endowments, most demand growth will come from states with less renewable energy potential. New renewable energy infrastructure can now be built within two years from initial plans through to completion, years faster than any new coal- or LNG-fired plants.