Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

275 GW Installed Electricity Generating Capacity is Higher than 140 GW of Peak Demand

Urja Daily by Urja Daily
November 23, 2020
in News
Reading Time: 3 mins read
0
wind power energy turbine sunshine
Share on FacebookShare on TwitterShare on Linkedin

Despite installed capacity exceeding power demand, some parts of the country face acute power shortages. The critical reasons are – coal supply shortages, high level of transmission and distribution losses, and poor financial health of utilities. Further, unlike domestic coal, the price of imported coal is unregulated; its price can be quite volatile. Imported coal in the recent past has been significantly more expensive than Indian coal. Distribution companies (discoms) that buy electricity generated with imported coal face significant and unpredictable upward pressure on tariffs. Some utilities have tried to avoid these high costs by simply not buying power, even when the result is local shortages, rolling blackouts, and increase in fixed costs.

These fundamental problems in the power sector are hampering the efficient use of the existing system to even meet the grid-connected demand. On top of this, more than 300 million people in India are still waiting for access to electricity. Rampant load-shedding and low-quality electricity supply forces people to resort to private, local, costly and dirty solutions such as diesel generators, which pose both health and environmental concerns. On top of this, estimates suggest that by 2021-22, India’s electricity demand will be more than double the level in 2011-12.1

RELATED POSTS

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

One of India’s major advantages today and going forward is that its renewable energy (RE) potential is vast and largely untapped. Recent estimates show that India’s solar potential is greater than 750 GW and its announced wind potential is 302 GW (actual could be higher than 1000 GW). India Energy Security Scenarios 2047 show a possibility of achieving a high of 410 GW of wind and 479 GW of solar PV by 20472. The potential of biomass and small hydro is also significant. Thus, renewable energy has the potential to anchor the development of India’s electricity sector.

The question that is still unanswered is the need to do RE. From a broad public policy perspective, the major benefit of a rapid transition to RE will be the positive effect on India’s macroeconomic circumstances. Tapping into abundant indigenous renewable resources could avoid revenue outflows for expensive imported fuels. At the current time – without innovative policy changes – India is facing a rapidly rising and volatile imported coal bill far into the future. India’s coal imports in 2014-15 were already at 212 million tonnes at over Rs 1 lakh crore3. Economic principles might suggest that we should be able to find something to export – the facts on the ground suggest that it is not easy.

From a pure macro-economic perspective, reaching 175 GW RE by 2022 could dramatically reduce the coal import bill in 2022. Then there are environmental benefits (less pollution), social benefits (local employment opportunities) and investment inflows, which may need to be monetized to assess the complete range of benefits.

But, to capture the benefits of RE, India would need to make available the necessary capital, and get comfortable with managing the variability and uncertainty of RE generation in conjunction with the existing and planned fossil fuel-based and large power plants. The Planning Commission estimates had suggested that infrastructure development under the 12th Five Year Plan would require more than a trillion US Dollars, and the investment requirements for RE may enhance it further. Therefore, financing is certain to be a challenge for RE. Renewable energy tariffs, of which 70% are financing costs (but no fuel costs for 25-30 years), will reduce if loans are provided at lower interest rates. With this challenge in mind, the solar potential constituted an Expert Group in June 2015 to assess the requirements and utilization of public finance for achieving 175 GW RE by 2022

Tags: 275 GWdistributionElectricityRenewable Energysolar potential
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Zypp Electric

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

by Palak
September 13, 2025
0

New Delhi – Zypp Electric viral campaign ‘Green Hai Toh Zypp Hai’. The initiative not only celebrated Zypp’s journey but also created...

Delta Electronics

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

by Palak
September 13, 2025
0

KRISHNAGIRI, TAMIL NADU – Delta Electronics India a groundbreaking ceremony for the expansion of its manufacturing site in Krishnagiri, Tamil...

Sustain Labs Paris

SLP’s Carbon Capture Firm Targets Indian Decarbonization Market

by Palak
September 13, 2025
0

Mumbai, 12th September 2025: Carbon Capture Company (CCC), the UAE’s first dedicated carbon capture and storage (CCS) project development platform, is...

Servotech Power Systems

Servotech Subsidiary to Acquire Hertz & Pixelz Under New Agreement

by Palak
September 11, 2025
0

New Delhi : Servotech Renewable Power System Ltd. with a broader vision to diversify and strengthen its business portfolio, our...

Recyclable

Recyclable Resins Driving Sustainable Composites for a Greener Energy Future

by Palak
September 11, 2025
0

IDTechEx explores the growth of sustainable composites for green energy applicationsComposite materials have long been celebrated for their unique blend...

Next Post
Frost & Sullivan

Frost & Sullivan Inspects the Growth Trajectory of Solar PVs

CES EV

CES Driving Adoption of Advanced Technologies and Leading Energy Transition in India

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Energy Management System

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

September 15, 2025
S&P Global

S&P Global to Host World Hydrogen Leaders Conference in India

September 15, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

S&P Global to Host World Hydrogen Leaders Conference in India

Servotech Renewable Inks Pact with Enovra Energy Solutions Ltd. to Expand Solar and EV Charger Business in Mauritius

Vikram Solar to Supply 200 MW of High-Efficiency Modules to AB Energia

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved