TERI (The Energy and Resources Institute) released a report, entitled ‘Transitions in the Indian Energy Sector - Macro Level Analysis of Demand and Supply Side Options’.
The report estimates that beyond 2023/24, all new power generation capacity could be renewable energy-based, on the assumption that the cost competitiveness of renewables is achieved, as is the ability of the grid to accommodate high-levels of renewable energy via battery-based balancing power.
Speaking at a TERI event, Shri Piyush Goyal, Minister for Power, Coal, and Renewable Energy, Government of India, said, “Universal access to electricity is one of the primary aims of the Government, and meeting demand is a major facet of this initiative. We see India becoming the energy capital of the world.
India is also committed to lowering the emissions intensity of its development in line with our INDCs towards the Paris Agreement. We are looking at several initiatives towards making solar energy price competitive to coal.”
India is on its way to a targeted 175GW of renewable energy installations by 2022, it has already surpassed 50GW of deployment, according to data from the Ministry of New and Renewable Energy (MNRE).
As India moves decisively towards renewables for future generation, now is the time to make connections in India’s renewable energy sector.
Renewable Energy World India conference and exhibition will bring together expert industry professionals to exchange knowledge and showcase new renewable energy technology developments to ultimately transform India’s power generation system into one that is low carbon.
Under the Patronage of the Ministry of New and Renewable Energy, the event will provide the opportunity to make long lasting business connections with high-level dignitaries, officials and executive management from government, utilities and private enterprises from India and around the world.
Renewable Energy World India has also received support from Solar Energy Corporation of India (SECI), Indian Renewable Energy Development Agency (IREDA), Association of Renewable Energy Agencies of States (AREAS), Indian Wind Energy Association and other key associations from India and around the world.
Renewable Energy World India will take place on the 17-19 May 2017 at the Pragati Maidan in New Dehli India. Access to the exhibition hall is free. To collect your FREE Visitor pass, please visit - http://renewableenergyworldindia.com/register/freepass.html
For more information on how to participate as either an exhibitor or attendee, please visit www.renewableenergyworldindia.com
Exhibitors may also secure their exposure at Renewable Energy World India 2017. For more information, please contact:
Sophia Perry
Renewable Energy Event Consultant
T: +44 1992 656 641
M: +44 7866 382 462
E: sophiap@pennwell.com
For editorial enquiries please contact:
Ella Coulson, Marketing Manager II, PennWell Corporation T: +44 1992 656 652; email: ellac@pennwell.com
www.renewableenergyworldindia.com
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