Opinion | How India can make energy transition efficient : v

Opinion | How India can make energy transition efficient


Opinion | How India can make energy transition efficient
India would need to raise the share of renewable energy to 40% by 2030.
5 min read
Anil Rawal
The imminent renewable integration and digitalisation will change the way energy is managed, distributed and utlilised. This also spawns a unique opportunity to craft new policies and regulations that enable multiple revenue streams from various siloed sectors.
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Energy is one of the most ubiquitous resources and is overwhelming in its abundance. In 88 minutes, about 450 exajoules of energy reaches from Sun to Earth and this is sufficient for about one year of the whole Earth’s energy consumption. The price of renewable energy is destined to consistently plummet with time and the trend is already conspicuous only in its incessant fall. Any pricing or cost attached with energy enablement would remain related to either the transformation of its forms or its carriage and distribution. Thus, efficiency of carriage as well as equitability of its distribution are the key questions to be solved for achieving energy transition in our lives. This energy transition has to happen through three Ds of Decarbonisation, Democratisation and Digitalisation.

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