Village-scale solar powered minigrids are the most promising path for India to meet its linked aims of GDP growth and access to electricity for all. The Ministry of New and Renewable Energy is already active on this front, but a comprehensive and standardised national minigrid policy that facilitates private sector involvement and eases financing, will allow this model to flourish
COP21 could have spelled doom for India’s growth push if it had insisted on a peak emissions year for all participants, or spelled out explicit restrictions on coal. It has done neither, and continues to recognise the principle of differentiated responsibilities
An unspoken war has been waged between India and the U.S. at the COP21 Summit in Paris. If the West wants India to opt for more expensive energy options, then they must also reciprocate by sharing technology.
Developments in electric vehicles, battery technology, and renewable energy can make oil, coal, nuclear power interchangeable, if the appropriate technology is developed and marketed well. And since the benefits include a permanent cap on energy prices, India must promote its own industries in these areas and not remain a passive beneficiary.
Even though the Indian government is reformulating policies in order to increase investments in the clean energy sector, challenges such as a lack of policy consistency and poor implementation of established rules, are hampering the country’s renewable energy initiative