Use Of Renewable Energy In India

During the 2018 19 fiscal year the gross electricity generated by utilities in india.

Use of renewable energy in india. Technological advancements have already brought about a significant reduction in the price of solar power. In this interactive chart we see the share of primary energy consumption that came from renewable technologies the combination of hydropower solar wind geothermal wave tidal and modern biofuels traditional biomass which can be an important energy source in lower income settings is not included. There are benefits not only from an environmental perspective but also in terms of generating more. A further reduction in the cost will provide a major boost to the use and expansion of renewable energy modi said in the message.

India is the world s third largest producer and third largest consumer of electricity. Renewable power plants which also include large hydroelectric plants constitute 35 94 of india s total installed capacity. In 2019 at un climate summit india announced that it will be more than doubling its renewable energy target from 175gw by 2022 to 450gw of renewable energy by the same year. Installed renewable power generation capacity has gained pace over the past few.

India is running one of the largest and most ambitious renewable capacity expansion programs in the world. This is the world s largest expansion plan is in renewable energy. Solar power systems derive clean and pure energy from the sun and help. The renewable energy sources like wind energy solar energy geothermal energy ocean energy biomass energy and fuel cell technology can be used to overcome energy shortage in india.

In the early 1980s india was the first country to setup a ministry of non conventional energy resources. Renewable energy has always been an integral part of india s growth solar has become key to our growing energy needs. Newer renewable electricity sources are projected to grow massively by nearer term 2022 targets including a more. In 2019 india was ranked as the fourth most attractive renewable energy market in the world.

Indian renewable energy sector is the fourth most attractive 1 renewable energy market in the world. The country has set an ambitious target of 450 gw of renewable power by 2030. True the expansion of renewable energy capacity in india is a step in the right direction. Technology holds the key to scale up the use of solar energy.

To meet the energy requirement for such a fast growing economy india will require an assured supply of 3 4 times more energy than the total energy consumed today. The national electric grid in india has an installed capacity of 372 693 gw as of 31 august 2020.