News Analysis / Decarbonization of the power sector
Published on: November 17, 2021
Climate Change Related issues
Source: The Economic Times
Context:
The author talks about the Decarbonization of the power sector.
Editorial Insights:
Recently at the Glasgow Climate summit, the Indian PM’s announcement of enhanced climate action targets mainly for achieving net-zero emissions by 2070 has highlighted the importance of long-term planning for decarbonizing the economy.
What is Decarbonization?
It is the process of eliminating or reducing the carbon emissions sent into the atmosphere. Reducing the amount of CO2 output is essential to meet Net-zero carbon emissions targets.
Need for Decarbonizing Power sector:
Strategy for Decarbonization:
The Current Bottlenecks in Decarbonization:
There is a profusion of separate targets for almost every resource used to generate electricity.
For instance, there are separate RPOs for solar & non-solar RE.
Further, the national targets are divided into grid-connected & roof-top solar.
This approach reduces the flexibility of discoms to select resources.
This reduced flexibility could also stymie the development & deployment of emerging technologies.
Concluding Remarks:
The use of five-year interim targets for permissible emission intensity and the establishment of an autonomous and credible agency to advise the government on targets and policies and to monitor progress will greatly facilitate an effective, economic, and smooth transition to the decarbonization of the power sector first, and the Indian economy later by 2070.
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