UPSC Mains 2022
General Studies Paper - 3, Topic: Renewable Energy
Jan 01, 2023
2 min read
With right policies and implementation, India could make significant progress towards this goal and can meet 50% of its energy needs from renewable energy by 2030.
The country’s vision is to achieve Net Zero Emissions by 2070, in addition to attaining the short-term targets which include:
1. Increasing renewables capacity to 500 GW by 2030,
2. Meeting 50% of energy requirements from renewables,
3. Reducing cumulative emissions by one billion tonnes by 2030, and
4. Reducing emissions intensity of India’s gross domestic product (GDP) by 45% by 2030.
India has made significant efforts in recent years to increase its use of renewable energy, and the country has set ambitious targets for the expansion of renewable energy capacity.
There are several factors that could contribute to India's ability to meet its renewable energy targets. One is the falling cost of renewable technologies, which has made it increasingly economically viable to invest in renewables. Another is the availability of financing and other support from international organizations and governments, which can help to drive the development and deployment of renewable energy projects.
To help achieve its renewable energy goals, India has implemented a number of policies and initiatives, including the provision of financial incentives and subsidies to encourage the adoption of renewables. Shifting subsidies from fossil fuels to renewables can help to level the playing field and make renewables more competitive with traditional energy sources.
One example of how these policies have helped to increase the use of renewables in India is the expansion of the country's solar energy sector. The Indian government has implemented a number of initiatives to support the development of solar energy, including the National Solar Mission, which provides financial incentives and support for the development of solar projects. As a result, India has seen a significant increase in its solar energy capacity in recent years, and the country is now home to some of the largest solar power plants in the world.
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