RENEWABLES 2022 Flashcards
What is RENEWABLES 2022 GLOBAL STATUS REPORT ?
The Renewables 2022 Global Status Reportdocuments the progress made in the renewable energy sector.
The Renewables 2022 Global Status Report (GSR 2022) was released byREN21 (Renewable Energy Policy Network for the 21stCentury).
Details of report
This Report sends aclear warningthat theglobal clean energy transition is not happening, making it unlikely that the world will be able to meet critical climate goals this decade.
For the first time, GSR 2022 provides a world map of renewable energy shares by countryand highlights progress in some of the leading countries.
However,only 84 of 135 countries had economy-wide targetsfor renewable energy, and only 36 had targets for 100 % renewables.
India’s status
India added around 15.4 gigawatts (GW) of renewable power capacity in 2021, the third highest after China (136 GW) and the United States (43 GW), according to a global status report released on Wednesday (15 June).
China is the global leader in cumulative renewable energy capacity at the end of 2021, followed by the United States (398 GW), Brazil (160 GW), India (158 GW) and Germany (139 GW).
In the Nationally Determined Contributions (NDCs) as per the Paris Accord on Climate Change in December, 2015, India has made a pledge that by 2030, 40 per cent of her installed power generation capacity shall be from non-fossil energy sources.
Further, as a contribution of India to climate action, the Prime Minister presented Panchamrit at CoP-26 at Glasgow in November, 2021 which included increasing its non-fossil energy capacity to 500 GW by 2030 and meeting 50 per cent of its energy requirements from renewable energy by 2030.
India’s initiatives in reaching renewable energy targets
National Solar Mission (NSM): The 100 GW solar ambition at the heart of the world’s largest renewable energy expansion programme.
The Wind Energy Revolution:LeveragingIndia’s robust wind energy sector to boost clean energy manufacturingand the rural economy
National Biofuels Policy and SATAT:Building value chains to reduce fuel imports, increase clean energy, manage waste, and create jobs
International Solar Alliance (ISA):Harnessing theinfinite power for the Sunfor sustainable human development.
Small Hydro Power (SHP):Harnessing thepower of water to integrate remote communitiesinto the economic mainstream.
National Hydrogen Energy Mission (NHEM):Exploring the commercial viabilityof a versatile clean fuel and ethanol blending.
Production-Linked Incentive (PLI) Scheme:Integrating India into the global clean energyvalue chains.
World’s target for renewable energy
To reach the average milestones set by the IEA’s Net Zero scenario by 2050 and by the World Energy Transitions Outlook scenarios from the International Renewable Energy Agency (IREA), the world would need to add 825 GW of renewables each year until 2050.
