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IEEFA Research

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

Solar is now key to meeting the state’s future energy demand

17 December (IEEFA/Ember, India): Uttar Pradesh has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on track, not only for the state […]

IEEFA: Agrivoltaics – how India can combine solar power and farmland

IEEFA: Agrivoltaics – how India can combine solar power and farmland

With measures to protect farmers and food production, agrivoltaics could accelerate the renewable energy roll-out

8 December (IEEFA India): Agrivoltaics, the practice of generating solar power on farmland in ways that complement agricultural production, could become an important new renewable energy sector in India, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). But for the sector to thrive, measures to safeguard farming communities and agricultural […]

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

IEEFA/JMK Research: Round-the-clock tenders can help meet demand for firm renewable power

Tenders have evolved from “vanilla” solar or wind, to hybrid, to round-the-clock

24 November (IEEFA/JMK Research India): Electricity distribution companies (discoms) demand firm and uninterrupted renewable power. A new report by IEEFA and JMK Research highlights the important role that different mixes of generation sources and storage technologies can play in overcoming the intermittency challenge of variable renewable energy (VRE) and ensuring grid stability. Renewable energy blended […]

IEEFA: Innovative financing can help India achieve its renewable energy goals

IEEFA: Innovative financing can help India achieve its renewable energy goals

Green bonds, multilateral development bank loans and infrastructure investment trusts are among potential financing sources

29 October (IEEFA India): To reach India’s renewable energy goals, companies in the sector will need to fund capacity expansion with massive amounts of capital at competitive rates. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) looks at how this can be done by augmenting traditional financing structures and sources […]

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

IEEFA: Battery storage and green hydrogen can boost India’s renewable energy efforts

Markets for grid-scale batteries and green hydrogen are taking shape in India

21 October (IEEFA India): Battery storage and green hydrogen – markets that are critical for India’s renewable future and energy security – could scale up rapidly in the country, bolstered by government policy and private company ventures, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “Grid-scale energy […]

More News and Commentary

IEEFA India: What’s in store for renewable energy this budget?

Government will likely put in place strategies to reduce reliance on expensive fossil fuel imports

There is much to look forward to in India’s 2022-23 Budget. The Government of India has already set a target to achieve 500 gigawatts (GW) and a 50% share of energy from non-fossil fuels by 2030, backed up with a net-zero emissions by 2070 pledge delivered at COP26. As the Government would know, in order […]

January 24, 2022 Read More →
IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources
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IEEFA India: Volatile LNG prices present opportunity to switch to cleaner fuel sources

Lower demand for LNG leads to under-utilisation of infrastructure and raises stranded asset risks

19 January, 2022 (IEEFA India): High and volatile liquefied natural gas (LNG) prices are an opportunity for India’s gas-dependent industries and the city gas distribution network to switch to cleaner, non-fossil fuel alternatives like biogas and biomethane, says a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). This will also avoid […]

and January 19, 2022 Read More →
IEEFA Update: How Indonesia’s coal export ban could impact India

IEEFA Update: How Indonesia’s coal export ban could impact India

What does it mean for power generation and energy security?

Not long ago, India faced coal shortages due to a decline in domestic coal production after mines flooded during the monsoons. That had more to do with developers not maintaining enough coal stockpiles than a decline in domestic coal production. Some of this shortfall in domestic supply from August to October 2021 was met through […]

January 13, 2022 Read More →
IEEFA India: Restrictive banking provisions hampering renewable sector growth
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IEEFA India: Restrictive banking provisions hampering renewable sector growth

Excess solar and wind generation will be lost due to restrictions on banking of electricity

In the last few years, India’s renewable energy installations have increased substantially from 63 gigawatts (GW) in December 2017 to reach 104GW as of November 30, 2021. Falling technology costs and a strong regulatory push from the Central government have helped to drive this growth, along with state governments giving various waivers and incentives to […]

IEEFA India: There has never been a better time for domestic solar module manufacturing

IEEFA India: There has never been a better time for domestic solar module manufacturing

Domestic policy environment and global inflation favour viability of made-in-India modules

‘Atmanirbharta’ (self-reliance) has been identified by the Indian government as a key element of strategic policy for the country’s economic recovery from the COVID-19 pandemic. Given this, clean energy, with an investment potential of more than US$500 billion over this decade, has become a focus area for the economy. India’s ambitious target of 450 gigawatts […]

December 23, 2021 Read More →
IEEFA/JMK India: New restrictions on banking of power risk curbing renewable energy growth
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IEEFA/JMK India: New restrictions on banking of power risk curbing renewable energy growth

Surplus solar or wind power in peak generation periods will be wasted unless there are provisions to deposit and withdraw

21 December 2021 (IEEFA/JMK Research India): New restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market, and potentially slow progress towards India’s national target of 450 gigawatts (GW) of installed renewable capacity by 2030, according to a new briefing note by the Institute for Energy Economics and Financial Analysis […]

IEEFA India: How round-the-clock renewables point to optimum use of energy generation and infrastructure
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IEEFA India: How round-the-clock renewables point to optimum use of energy generation and infrastructure

Amid the troubles of the coal-dominated grid, variable renewable energy has a place in ensuring reliable supply

Supply of renewable energy-integrated power should not come at the expense of stability of the electricity grid. In fact, it needs to contribute in ways that enhance grid safety and overall energy security. In India, the need of the hour is implementing demand-oriented approaches for integrating variable renewable energy such as wind and solar energy […]

IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition
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IEEFA/Ember India: Uttar Pradesh is at a crossroads in its electricity transition

Solar is now key to meeting the state’s future energy demand

17 December (IEEFA/Ember, India): Uttar Pradesh has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on track, not only for the state […]

IEEFA India: Renewable energy capacity additions poised to reach five-year high

IEEFA India: Renewable energy capacity additions poised to reach five-year high

Renewable energy capacity additions could hit 15GW this financial year, hastening retirement of expensive coal plants

Renewable energy capacity additions in India are poised to hit about 15 gigawatts (GW) this financial year, eclipsing the record high of 14GW achieved in FY2016/17. As India’s second wave of COVID-19 subsided, renewable capacity commissioning began to bounce back. A total of 8.6GW of renewable energy (RE) capacity – 7.6GW of which was solar […]

December 16, 2021 Read More →

IEEFA India: Infrastructure investment trusts unlock value in renewable energy assets

Infrastructure investment trusts, or InvITs, are gaining traction in Indian financial markets

Infrastructure investment trusts (InvITs) are making inroads into Indian financial markets as an instrument for power sector infrastructure owners to monetise assets and for investors to gain exposure to the sector. Growing investor interest is illustrated by the recent issuance by Powergrid, announced by KKR-backed Virescent to set up a renewable energy-focused InvIT, and the […]