Kapur, Vidhu;
Melekh, Yaroslav;
Agarwal, Varun;
Chaudhury, Saswata;
Hinder, Ben;
Pasqualino, Roberto;
Nijsse, Femke;
+ view all
(2024)
Energy Innovation and System Transiton in India: What do models tell us?
University of Exeter
![[thumbnail of EEIST-India-Country-Report-FINAL-AW-1.pdf]](https://discovery.ucl.ac.uk/style/images/fileicons/text.png) |
Text
EEIST-India-Country-Report-FINAL-AW-1.pdf - Published Version Access restricted to UCL open access staff Download (9MB) |
Abstract
This report aims (i) to provide the specific context of the energy transition in India, including previous successes and lessons learned, and the potential challenges it faces both in economic development and decarbonisation; (ii) to introduce the Risk- Opportunity Analysis (ROA) approach to the policy context in India, which represents the flagship policy appraisal fundamental of the EEIST programme, and (iii) to present results from a modelling comparison exercise with both simulating and optimising models to explain the key differences and complementarities between existing and new modelling approaches1 through model-specific information and data. The report concludes that decarbonising the Indian economy does not come at a cost to its economic development aspirations. Renewable technologies like solar have already achieved cost-parity with coal. Moreover, India’s large economy means that it can leverage economies of scale to drive green technology costs down, as experienced by the success of past government programmes, such as aggregating the demand and bulk public procurement of LED bulbs. The report also highlights the challenges and risks of India’s Net Zero strategy, including technology choices, system costs, existing grid infrastructure, power market structures, land availability, diverse stakeholder interests, challenges in mobilising finance, and labour market skilling programmes to support the transition of workers into green sectors. Policy appraisal tools like the ROA can play a key role as complementary tools to conventional analysis in guiding policy formulation associated with India’s energy transition.
| Type: | Report |
|---|---|
| Title: | Energy Innovation and System Transiton in India: What do models tell us? |
| Publisher version: | https://eeist.co.uk/energy-innovation-and-system-t... |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10208661 |
Archive Staff Only
 |
View Item |
