Unit1222222222222222222222222222222 1 RET.pptx

Renewable energy technology

1. Major Energy Sectors in India

2. Indian Energy Scenario in Various Sectors

3. Year wise Electricity Consumption in Various industry

4. Present Conventional Energy Status

5. Total Energy Consumption & Source wise Energy Consumption

6. Indian State wise Coal Reserves

7. Indian State wise Lignite Reserves

8. Present Renewable Energy Status

9. Global Energy Status

10. Per Capita Energy Consumption(kWh)

11. Major Energy Supply

12. Future Energy Plans 1. Renewable Energy Expansion India aims to generate 500 gigawatts (GW) of renewable energy by 2030 in solar, wind, and hydroelectric power. The government is also promoting rooftop solar installations through initiatives like the PM Surya Ghar Muft Bijli Yojana. 2. Advanced Energy Solutions India is emerging as a leader in advanced energy solutions, such as clean hydrogen, energy storage, and carbon capture. By 2030, the country plans to invest over $35 billion annually in these areas. For instance, India aims to build 47 gigawatts (GW)/236 gigawatt-hours (GWh) of battery storage capacity by 2031-32. 3. Policy Support and Investments The government is implementing policies to support the energy transition, including production-linked incentives and tax credits. The 2024-25 budget allocated Rs 191 billion for the Ministry of New and Renewable Energy, highlighting the focus on green projects and sustainable technologies.

13. Future Energy Plans( contd ) 4. Job Creation and Economic Impact The transition to renewable energy is expected to create approximately 3.4 million jobs by 2030. This includes opportunities in renewable energy generation, storage, and maintenance, as well as entrepreneurial ventures in the green energy sector. 5. Technological Advancements India is investing in technological advancements to improve the efficiency and reliability of renewable energy systems. This includes developing electrolyzer manufacturing capacity for clean hydrogen production and enhancing battery storage technologies. 6. Global Leadership India’s commitment to renewable energy and advanced energy solutions positions it as a global leader in the energy sector. The country’s efforts are crucial for meeting global climate goals and reducing carbon emissions.

14. Future Energy Plans( contd ) 7. Challenges and Opportunities While there are challenges such as intermittency of renewable energy and high initial costs, the opportunities for growth and innovation are immense. The focus on sustainable energy solutions is expected to drive economic growth and environmental benefits. India’s energy sector is on a transformative path, with a strong emphasis on sustainability, innovation, and economic development. The future looks promising as the country continues to invest in and adopt advanced energy technologies.