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Report provides progress and performance of Indian states on various aspects of clean electricity transition.
Electricity Transition refers to the shift from fossil-based power production and consumption to renewable energy sources (RES) like wind and solar.
It has analysed 16 states on electricity transition pathway with 17 parameters based on four broad dimensions-
Decarbonisation– Evaluate states’ preparedness to shift from fossil-based power to RES.
Decarbonisation is reduction of carbon dioxide emissions through use of low carbon power sources, achieving lower output of greenhouse gasses into atmosphere.
Performance of power system– Evaluate states’ ability to create greener market pulls effectively
Readiness of power ecosystem and policies– Transform power systems while ensuring reliable electricity supply.
Political commitments– Evaluate proactiveness in promoting innovative policies.
These states together account for 90% of India’s annual power requirement.
Important findings-
Bihar, UP and West Bengal need to expand their potential and transition commitments.
Karnataka is only state that scored well across all four dimensions followed by Gujarat.
About IEEFA
Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends and policies.
It’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy.