1st to 10th January 2024 - YEAR END REVIEW OF MINISTRY OF NEW & RENEWABLE ENERGY Flashcards
What does the Ministry of New and Renewable Energy aim to achieve by 2030?
Achieve 500 GW of non-fossil based electricity generation capacity.
Approximately how much new renewable energy (RE) capacity and investment is expected for the calendar year 2023?
13.5 GW of RE capacity and an investment of about ₹74,000 crores.
How does India rank globally in Renewable Energy Installed Capacity? In Wind Power and Solar Power?
4th in Renewable Energy Installed Capacity
4th in Wind Power capacity
5th in Solar Power capacity
When was the National Green Hydrogen Mission launched?
January 2023
What is the production capacity goal of the National Green Hydrogen Mission by 2030?
At least 5 million metric tonnes (MMT) of green hydrogen per annum.
What is the approximate amount of greenhouse gas emissions the National Green Hydrogen Mission aims to reduce annually?
Nearly 50 million metric tonnes.
What does the acronym SIGHT stand for in the context of the National Green Hydrogen Mission?
Strategic Interventions for Green Hydrogen Transition
Define “non-fossil based electricity generation.”
Electricity produced from sources that do not involve burning fossil fuels (coal, oil, natural gas). This includes renewable sources like solar, wind, hydro, etc.
Besides the National Green Hydrogen Mission, what other significant initiatives are likely under the Ministry of New and Renewable Energy?
This is more open-ended, but possible answers could include:
Expansion of solar and wind power projects
Development of energy storage solutions
Increased focus on biofuels and other renewable resources
What is the goal of the Green Energy Corridor project in Ladakh?
Set up 13,000 MW (13 GW) of renewable energy capacity along with a 12,000 MWh Battery Energy Storage System (BESS).
Besides generating renewable energy, what additional benefit does the Green Energy Corridor project provide?
It will ensure reliable power supply to the Ladakh region and Jammu & Kashmir.
Which organization is the implementing agency for the Green Energy Corridor project?
POWERGRID
What is the current stage of the Green Energy Corridor project?
POWERGRID is carrying out the Front-End Engineering Design (FEED) study.
How large is the planned renewable energy generation capacity in Ladakh, and what units are used?
13,000 MW (which is the same as 13 GW – gigawatts).
What does the acronym BESS stand for in the context of this project?
Battery Energy Storage System
What is the purpose of a Battery Energy Storage System in a renewable energy project?
It stores energy generated during peak renewable production times (like sunny days or windy periods) for later use when renewable generation is lower. This helps balance energy supply and demand.