India’s deployment of wind and solar surged has surged in recent years thanks to government targets and cost declines that have made variable renewable sources competitive with coal capacity. But without policy intervention and new market design, India’s clean electricity future may struggle to achieve its potential, according to the authors of this report. They explore how India’s ambitious targets may be met through an integrated approach to flexibility that combines demand management, adaptation of dispatchable fleet and energy storage technologies. They find that India can integrate 390 gigawatts of wind and solar generation by 2030, an increase of more than 40 per cent above the current renewable energy trajectory, at a cost that is lower than that of the current trajectory.
Climate Policy Initiative
1 February 2019