India’s Renewables Target Falls Short of Growing Demand: Paper

Key highlights from the paper “India’s Renewables Target Falls Short of Growing Demand: Planning and Time-of-Day
Balancing Gaps” by CSEP are :-

  • India’s 2030 RE targets are insufficient to meet incremental demand.
  • Balancing incremental demand per-time-block with RE is much more challenging.
  • India’s projected RE growth is solar-heavy – lower average cost than wind but also lower value after
    a point.
  • RE uncertainty is a challenge and the focus should be on higher, demand-aligned, and more predictable outputs.
  • Storage can help shift some of the RE surplus into deficit time-periods, but not all.
  • India needs to scale RE, but also must build peaker generation and improve grid signalling like
    time-of-day pricing.

Access the paper here