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13/05/2021 - Renewable Energy

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May 13, 2021

In this context, the mass roll-out of distributed renewable energy technology throughout the country can facilitate India’s development goals. Substantiate (200 Words)

Refer - Financial Express

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IAS Parliament 5 years

KEY POINTS

·        Many recent natural disasters highlight and foreshadow India’s heightened risk from the impacts of climate change.

·        In this context, the mass roll-out of distributed renewable energy (DRE) technology throughout India can facilitate India’s development goals, by providing clean, reliable energy access to all.

·        The policies being followed in DRE are aimed not only at increasing energy access for the underserved, but also to minimise environmental degradation and enhance adaptive capacity.

·        Thus, making DRE a logical policy response largely because it respects the sustainable development aspirations of India.

·        DRE projects are often overlooked by climate investors and policymakers because most distributed projects are small-scale and dispersed.

·        Smaller investments in multiple projects increase the administrative and monitoring costs for investors.

·        The case for DRE based on its potential to decarbonise energy supply and usage, climate resilience and to meet SDG 7—must be reinforced strongly at these summits.

·        As per the International Energy Agency, through 2030, renewable energy sources will power an estimated 60% of new access connections.

·        The renewable-energy targets that India has set for itself of installing 175 GW of clean energy capacity by 2022 can be achieved much faster with the help of DRE projects.

 

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Venkateshwaran R 5 years

Kindly provide feedback. Thank you Mam/ Sir

IAS Parliament 5 years

Try to provide a proper conclusion to the answer. Keep Writing.

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