A brand new examine by the Indian authorities assume tank NITI Aayog outlines the renewable vitality potential for all states to fulfill their renewable buy obligations. The report, backed by the Ministry of New and Renewable Energy (MNRE), additionally particulars the storage required for balancing the grid.
From pv journal India
A brand new NITI Aayog examine estimates that India wants 517.34 GW of put in renewable vitality capability by 2029-30 to fulfill the renewable buy obligation (RPO) goal in 30 states. and union territory. Of this, 177.74 GW RE (together with 71.14 GW photo voltaic) has already been put in by July 2023 whereas 339.6 GW must be put in. Within this steadiness requirement of round 340 GW (from July 2023 onwards), photo voltaic of 262.24 GW, wind of 60.22 GW, hydro of 13.05 GW and bioenergy of 4.1 GW needs to be put in within the subsequent seven years.
In specific, the federal government introduced a one-year path of RPOs together with vitality conservation obligations till 2030. According to this path, the obliged entities, a lot of the distribution firms in electrical energy (DISCOM), in every state, is required to fulfill their minimal share (24.3). % in 2023 to 43.3% in 2030) to buy electrical energy from renewable vitality (RE) sources. These obligations are meant to drive the consumption of renewables within the nation and thus assist obtain the federal government’s local weather motion objectives the place it goals to extend the share of non-fossil fuel-based electrical energy capability. to 50% by 2030.
NITI Aayog carried out the examine with the help of the Central Electricity Authority (CEA) and the ministry of latest and renewable vitality (MNRE). The examine presents an in depth evaluation of the RE technical potential that can be utilized to fulfill the RPOs of every state, RE capability that deficit states have to buy from different RE-rich states, and storage necessities to fulfill the required grid balancing. For the estimates, the examine considers varied parameters reminiscent of RE capability utilization components, obtainable potential, previous technology and anticipated technological enhancements.
According to the examine, 269.79 GW could be mobilized throughout the states and 69.81 GW must be sourced from different states for assembly the RPO goal by 2029-30. Of the 30 states and union territories within the nation, 21 states will have the ability to meet their RPO goal by mobilizing intra-state potential, and 9 states must get RE energy from in different excessive states.
The examine additionally revealed that greater than 48.5 GW of RE capability must be put in yearly until 2029-30 to fulfill the RPO goal. This is according to the bidding calendar of MNRE which seeks to mobilize 50 GW of RE with no less than 10 GW of wind until 2027-28.
In phrases of assembly particular person RPO targets, seven states have to get wind from different states, 5 states have to get hydro from different states, and eight states the necessity to get photo voltaic from different states. The examine additionally estimated the storage requirement at 59.73 GW consisting of 41.13 GW of 5-hour battery storage system and 18.6 GW of pumped hydro. In phrases of funding necessities, the examine estimates that an funding within the vary of INR 18.55-24.9 lakh crore is required to fulfill the RPO goal by 2029-30.
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