INDIA’S CLEAN ENERGY TRANSITION

Context:

Karnataka and Gujarat have topped the list of Indian states adopting cleaner energy transition. Whereas, states like Bihar, West Bengal and UP lagged behind in the transition (as per the recent report Indian States’ electricity transition Report)

About the report:

The report provides progress and performance of Indian states on various aspects of the clean electricity transition.

The report has been released by the Institute for Energy Economics and Financial Analysis (IEEFA)

What is Electricity Transition?

It refers to the shift from fossil-based power production and consumption to renewable energy sources (RES) like wind and solar.

Four Parameters considered for ranking are:

Decarbonisation: Evaluate states’ preparedness to shift from fossil-based power to Renewables

Performance of Power Systemg., Discom’s performance rating, outstanding loans

Readiness of Power Ecosystemg., Smart metering, feeder segregation

Policies and Political Commitmentsg., circular economy, battery policy etc.

About IEEFA:

The Institute for Energy Economics and Financial Analysis (IEEFA) examines issues related to energy markets, trends, and policies.