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Instruments for Addressing Climate Change in Renewable Energy Policy of India: A Review of Developments in Policy Research

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Abstract

Renewable Energy (RE), a key form of energy to the universe's growth, is being focus of the current development scenario of the globe. The demands of energy coupled with rising international commitments for reducing emissions are key drivers for the development of policies and research. This paper analyses shifting policy focus on RE development in India. Though the per capita demands are marginally rising, the growth of per capita RE is found substantial. The exponential growth of Solar and Wind Energy in the country is supplemented by favorable policy instruments therein. The limited resources and time restrict the overall analysis toward more personal and empirical interactions. The review is an outcome of assessing the barriers for RE development in India suggesting requirements of comprehensive modeling for achieving long term energy goals. The findings suggest interesting development in RE policy focus and outlook of the researchers in the country. The recommendations arising out of the policy analysis show that involvement of stakeholders, demand forecasting, adaptable instruments for promotion, technology efficiency and behavioral adaptation are key to future of RE. This would enhance the understanding of the development of research in renewables policy and provide scope for outlining the gaps in the sector for achieving 40% RE installed capacity.

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Abbreviations

RE:

Renewable energy

B:

Billion

TWh:

Terra watt hour

CBD:

Convention on Biological Diversity

UNFCC:

United Nations Framework for Climate Change

COP:

Conference of parties

GDP:

Gross domestic product

INDC:

Intended Nationally Determined Contributions

MNRE:

Ministry of New and Renewable Energy

NISE:

National Institute of Solar Energy

NIWE:

National Institute of Wind Energy

SSS-NIBE:

Sardar Swaran Singh-National Institute of Bio-Energy

SECI:

Solar Energy Cooperation of India

IREDA:

Indian Renewable Energy Development Agency

NITI:

National Institution for Transforming India

DAE:

Department of Atomic Energy

CERC:

Central Electricity Regulatory Commission

CEA:

Central Electricity Authority

BEE:

Bureau of Energy Efficiency

NHPC:

National Hydro Power Corporation

PFC:

Power Finance Corporation

POSOCO:

Power System Operation Cooperation Ltd

NEEPCO:

North Eastern Electric Power Corporation Limited

IEX:

India Energy Exchange Ltd

IPCC:

International Panel on Climate Change

GHG:

Green House Gas

GIS:

Geographic Information System

HDI:

Human Development Index

NAPCC:

National Action Plan for Climate Change

USA:

United States of America

UNDP:

United Nations Development Programme

GEF:

Global Environmental Facility

BERI:

Biomass Energy for Rural India

kWe:

Kilowatt electric capacity

CDM:

Clean Development Mechanism

CERs:

Certified Emission Reductions

IAM:

Integrated assessment models

IPA:

Impact Pathway Analysis

RPO:

Renewable Purchase Obligations

SDG:

Sustainable Development Goals

MW:

Megawatt

GW:

Giga watt

NNBOMP:

New National Biogas and Organic Manure Program

Mt:

Million tons

IEA:

International Energy Agency

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Joshi, A.K., Negi, C.M.S. Instruments for Addressing Climate Change in Renewable Energy Policy of India: A Review of Developments in Policy Research. J. Inst. Eng. India Ser. C 105, 233–240 (2024). https://doi.org/10.1007/s40032-023-01004-0

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