Post-COVID-19 revival: Along with stimulus package, govt must focus on the low-hanging fruits
While the Indian government has announced a Rs 20 lakh crore stimulus package, preliminary thoughts being voiced are that this may be much smaller than envisaged. There are also concerns on how the package will be implemented.
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Increased Support Needed to Achieve India's Clean Energy Goals
India is on track to achieve many of its 2030 clean energy goals but needs to step up government support measures to accelerate the deployment of offshore wind, electric vehicles, and green hydrogen, according to a new report.
Budgeting for Net Zero
This study estimates the cost gap for battery energy storage systems (BESSs), offshore wind, solar photovoltaic (PV), electric vehicles (EVs), and green hydrogen (GH2) to inform government support.
India's energy subsidies reach 9-year peak at $39.3 billion amidst global crisis
India's energy subsidies have soared to a record $39.3 billion in the fiscal year 2023, marking a nine-year high, according to the latest findings. The surge is attributed to the nation's broad-based strategy to enhance its energy supply in light of the 2022 global energy crisis and its burgeoning energy needs.
India faces clean energy challenges as energy demand soars, global fossil fuel subsidies rise
The 2022 global energy crisis, together with India's growing energy demand, has led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India's total energy subsidies to 9-year high of USD 39.3 billion for the fiscal year ending 2023, states a new IISD report.