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Role of RE in the growth of the power sector in India

EPR Magazine (Electrical & Power Review)

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August 2024

This paper examines the role of renewable energy in the growth of power sector in India, highlighting its importance for energy security, environmental impact reduction, and sustainable economic growth while analysing current developments, policies, challenges, and opportunities in the sector.

Role of RE in the growth of the power sector in India

India has long depended on coal, oil, and natural gas for energy, causing environmental issues like air pollution and greenhouse gas emissions and raising energy security concerns due to finite fossil fuels. The shift towards renewable energy has recently gained momentum, driven by technology, policy support, and climate commitments.

Renewable energy is now a key part of India's sustainable development, moving towards cleaner power generation. As of May 31, 2024, the country's cumulative installed renewable capacity reached 193,579 MW, about 43.52% of the total 444,756 MW installed capacity.

imageCoal remains the top energy source in India, accounting for 55% of total energy consumption in 2024, but this reliance causes significant environmental challenges like high greenhouse gas emissions and severe air pollution. The growing energy demands and impacts of conventional energy highlight the urgent need to transition to renewable energy for sustainable growth and energy security.

Renewable energy sources in India

The country has reached an impressive 193,579 MW of renewable energy which is approx. 43.52% of total installed capacity. The following points are important to understand with reference to renewable energy sources in India.

imageRenewable Energy include RES plus Hydro Power

RES include SHP, BP, U&I, Solar and Wind Energy

Solar Power includes Ground Mounted Solar, Rooftop Solar, Hybrid Solar Comp. and Off-grid Solar/ KUSUM

Biomass Power includes BM Power/Cogeneration & Waste to Energy

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