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Mahesh

30/07/22 06:16 AM IST

Power generation capacity to hit 820 GW by 2030

In News 
  • Union Power and New & Renewable Energy Minister R K Singh said the country's electricity generation capacity will reach 820GW by 2030, including over 500GW from non-fossil fuel sources.
Major Recommendations 
  • Increase in Share of decentralized solar power by introducing feed-in-tariff attractive enough for private investment and approved by the State Electricity Regulatory Commission
  • State leadership in the development of pumped storage plants, and feed-in-tariff for solar generation.
  • The implementation of feed-in-tariff in the kilo Watt range would increase farmer incomes, create jobs and improve the quality of power supply in rural areas.
  • New Energy storage solutions: While India has the right policy regime in place, we need to adopt new energy storage solutions and technologies which bring stability and flexibility to the grid.
  • Introducing requisite flexibility into the power system to integrate wind and solar power generation.
  • Emphasis on India growing into a cost-effective and competitive manufacturing hub for renewable energy.
  • Extension of PLI (Production Linked Incentive scheme) to cover the full spectrum of renewable energy equipment production, solar panels, mirrors and sensors for solar thermal, batteries for grid use, and hydrogen.
  • DISCOMs need to give Commercial and Industrial consumers the choice to buy carbon-free electricity on a real-time basis with separate tariffs.
Source- PIB 

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