In the next decade, Australia has the opportunity to lead the world in demonstrating how to power its economy with renewables India has huge renewable energy potential that can be deployed to meet its rising energy demand The International Energy Agency has shown that there can be no more new oil and gas developments if […]
IEEFA: India’s lead role in the new wave of energy sector growth – EQ Mag Pro
Ambitious government targets and bold business strategies align to meet global climate goals The Indian government is rolling out “big bang” clean energy policies and reforms including the green hydrogen and green ammonia policy, production-linked incentive schemes in solar module and battery manufacturing, market based economic dispatch, general network access, green energy corridor schemes and […]
IEEFA: India’s power shortage crisis is an opportunity to spur the clean energy transition – EQ Mag Pro
Investing in thermal energy to help India through the power crisis will divert limited financial resources away from cheaper clean energy Continuing high temperatures in India are creating massive demand for electricity, which distribution companies struggle to meet. The power shortage crisis has revealed that the cost of coal-based generation is high and inflationary. The […]
IEEFA: The energy transition in India – upwards and onwards – EQ Mag Pro
Record high additions in renewables capacity of 15.5GW versus record low additions in net coal capacity of 1.4GW in FY2021/22 It seems that the energy transition in India has just turned a corner. After a tough three years filled with policy headwinds, policy obscurity, and the COVID-19 pandemic choking growth in the capacity of renewables, […]
IEEFA: A shift to green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden – EQ Mag Pro
Switching to a cleaner, domestically produced fertiliser feedstock would cut dependence on LNG imports EEFA India: A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by […]
IEEFA: Private sector driving renewable energy wave in India – EQ Mag Pro
Private power producers burdened with non-performing thermal assets are changing tack Climate change – witnessed increasingly in extreme weather events – is now the biggest risk threatening energy and financial markets, and vulnerable people and communities. The International Panel on Climate Change (IPCC) Sixth Assessment Report, Climate Change 2021 warns that to maintain the trajectory […]
IEEFA: Renewable energy can insulate India against future fuel price shocks – EQ Mag Pro
Substituting oil and gas imports for renewable alternatives would increase energy security As a net importer of crude oil and natural gas to meet its domestic energy demands, India risks global fuel price shocks impacting its energy and subsidy bills. The latest shock, the Russia-Ukraine war, is likely to hit domestic consumers in March and […]
IEEFA Update: Financing the future of green hydrogen – EQ Mag Pro
Investors are punting and risk capital is moving The next energy market disruptor, green hydrogen is moving at lightspeed and global investment, with strong policy support and replication of the solar learning curve, is adding to the momentum. In this ongoing global energy system transformation, the outcome is as inevitable as it is overdue. A […]
IEEFA India: There has never been a better time for domestic solar module manufacturing – EQ Mag Pro
Domestic policy environment and global inflation favour viability of made-in-India modules Atmanirbharta’ (self-reliance) has been identified by the Indian government as a key element of strategic policy for the country’s economic recovery from the COVID-19 pandemic. Given this, clean energy, with an investment potential of more than US$500 billion over this decade, has become a […]
IEEFA: For India’s ‘RE+’ goals, capital is key – EQ Mag Pro
Access to finance is critical in transforming India’s renewable energy and grid infrastructure. The electricity transition is happening – but not fast enough to limit the global average temperature rising by 1.50C. To realise India’s ‘RE+’ goals and to help the world achieve the Paris Agreement aims, power investment will need to increase. Compared with […]