Energy is a key factor in combating climate change, one of the biggest challenges the world is facing today. India has committed to cutting emissions to net zero by 2070 and set ambitious targets for adopting renewable energy. Achieving these targets requires careful planning and an overhaul of our current energy system.
Our work aims at enabling policies that encourage the adoption of rooftop solar, facilitate the development of technology for energy storage, strengthen the grid and transmission infrastructure, advance hydrogen technologies, and promote green mobility. CSTEP's research looks at the various aspects of mainstreaming renewable energy for a cleaner, greener energy sector.
ESG - An Ecological Commitment That Goes Beyond Pure Math
It is true that investors look to create wealth from their investments, and in the recent past, companies that created value for shareholders at any cost, in terms of share prices and dividends, were in prominence.
However, the trend is slowly changing and investors have started to look at companies that do well on the environmental, social, and governance (ESG) criteria. Companies that are environmentally benign, create social value, and are backed by robust governance mechanisms are in demand. Investors are now envisaging a future where ESG criteria play a major role.
Battery Technology Roadmap: What Are Some Emerging EV Battery Technologies and Compositions?
The performance of an electric vehicle (EV) is largely dependent on a battery and its materials composition. Battery selection is based on performance characteristics, such as energy and power density, life cycle, safety, charging/discharging rate, cost, etc. Currently, the market is dominated by Lithium-ion batteries (LiBs). The most prominent material compositions in LiBs are Lithium Nickel Manganese Cobalt (LNMC), Lithium Nickel Manganese Oxide (LNMO), and Lithium Iron Phosphate (LFP) as cathode materials and graphite as anode material.
With the Climate Crisis On, E10 Might Be India’s Ethanol-Blending Sweet Spot
In his Independence Day address to the nation, Prime Minister Narendra Modi mentioned India spends over Rs 12 lakh crore on importing energy, and that domestic energy production will be a policy priority for the country.
Potential of Discom-based Rooftop Solar Business Models
India has set an ambitious rooftop solar photovoltaic target of 40 GW by 2021-22. However, with only approximately 6.8 GW installed till date, it looks increasingly difficult to reach the target in less than a year. One of the primary deterrents is the reluctance of distribution companies (discoms) to promote the rooftop solar segment. The finances of most discoms are in a beleaguered state. This is due to free power for agriculture, unmitigated aggregate technical and commercial losses, and failing cross-subsidy regimes.
Pumped Hydro: Pushing the Needle Forward on Clean Energy
India’s power sector has been witnessing a large share of renewable energy (RE) being integrated into the grid. This is expected to grow at a high pace in the future as well. With increasing RE share, storage, especially pumped-hydro energy storage (PHES), plays a key role in dispatching the energy from RE resources, peak load shaving, frequency regulation, voltage support, providing round-the-clock support, and balancing the grid, among others.
How Thermal Generating Companies Can Stay in Power
India, which is the second-largest coal producer and both the third-largest producer and consumer of electricity in the world, has committed to an RE-dominant future with an ambitious target of 450 GW of RE capacity by 2030. With the global push for clean energy and falling RE costs, there is no backing away from this goal now. Given this, what is the contribution that state generating companies (GENCOs), mainly operating thermal capacity, can make for this transition to be successful?