Energy Current Affairs - 2020
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On January 31, 2020, at the World Sustainable Development Summit released its report on India’s Steel Demand. According to the report, if the steel demand of the country continues to grow, the carbon-dioxide emissions from the steel sector will reach 600 million tonnes by 2050.
The TERI released its report titled, “Towards a Low Carbon Steel Sector: Overview of the Changing Market, Technology and Policy Context for Indian Steel”. According to the report, the current carbon-dioxide emissions from steel sector is 242 Million Tonnes. This is 35% of total carbon dioxide emissions of the country. It is to quadruple in three to four decades.
Suggestions made by the report
In order to manage the increase in steel demand emissions, India should start increasing the use of domestic scrap and deploy energy efficiency measures. The report also recommends establishing low carbon technologies. It also expects that the decarbonization technologies that are in the demonstration stage will reach commercial markers in next 20 years.
TERI also suggests penalty for emissions starting from 2030. This will force industries to adopt deeper decarbonization technologies.
Tags: carbon dioxide emissions • Energy • Energy Sector • Global Warming • Industrialization
On January 9, 2020, Ministry of New and Renewable Energy released its year end review. According to the report, over 150 GW of renewable energy has been installed so far in India.
India’s initiatives in 2019
- Under KUSUM initiative, around 17 lakh solar powered agricultural pumps were installed.
- Phase II of Grid Connected Roof top Solar Programme was launched. Under the programme, 40,000 MW of Roof Top solar power target was set.
- Under the Wind-Solar hybrid policy, 1440 MW of capacity was installed.
- Second Assembly of International Solar Alliance was held.
- The scheme to set up solar PV power plants in compliance with the WTO was approved. This was launched to encourage Make in India solar PV manufacturing sector
The Government in 2015 had set a target to install 175 GW of renewable energy by 2022. It includes 60 GW from wind, 100 GW from solar, 5 GW from small hydro power and 10 GW from solar. In order to achieve this, GoI had set up the Ultra Mega Renewable Energy Power Parks (UMREPP) under Solar Park Scheme.
According to Nationally Determined Contributions (NDC), India pledged that 40% of installed power will be from non-fossil fuel by 2030. Also, India had set a target to reduce emission intensity of GDP by 33 to 35% as compared to 2005 level.
Tags: Clean Energy • Energy • India-SDG • NDCs • Renewable Energy