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Accelerating Wind Repowering in Tamil Nadu

Tamil Nadu stands as a leader in India’s power sector, ranking third in the nation with a total installed power capacity of 39.7 GW as of March 2024. Of this, renewable energy accounts for 56%, with wind power contributing a substantial 10.7 GW, making Tamil Nadu the second-highest in India for wind energy capacity. Coal and lignite dominate the state’s energy generation, comprising 37% of the installed capacity, while wind energy accounts for 26.7% of…

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Green and Transition Finance in India

India stands at a unique crossroads, balancing the goals of decarbonisation and industrial growth. While the power and transport sectors have made notable strides toward decarbonisation, industrial emissions remain a significant challenge. To meet its climate commitments, India will require an estimated capital influx of USD 10.1 trillion by 2070. This is where both green and transition finance come into play, with green finance backing low-emission technologies aligned with the Paris Agreement, and transition finance…

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Unlocking Climate Finance: How Capital Markets Can Drive India’s Green Transition

Despite the global acknowledgement of climate change, there has been a significant lag in the financial and technical support promised by developed countries to developing nations. These delays worsen as extreme weather conditions intensify, disproportionately affecting vulnerable developing countries. India, with a population of 1.4 billion and a per capita income of around USD 2,500, is particularly vulnerable. Although India’s per capita emissions remain relatively low at 1.6 metric tons of carbon dioxide equivalent (CO2e),…

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India’s Path to Net Zero: Strategy for Decarbonizing the Energy Sector

India’s energy sector contributes significantly to its greenhouse gas emissions. In 2023, energy-related emissions accounted for about 75% of the country’s total carbon footprint. The electricity sector alone was responsible for over 40% of the total emissions, primarily due to coal-based power generation. This highlights the urgent need for a green transition in electricity production. India is already making strides, with solar and wind capacities growing, but a lot more is required to address these…

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Critical Energy Transition Minerals: A Path to Equitable and Sustainable Global Energy Future

The global shift towards renewable energy presents an enormous opportunity, but it also introduces significant challenges, particularly when it comes to the sourcing of critical energy transition minerals (CETMs). These minerals, such as lithium, cobalt, nickel, and rare earth elements (REEs), are essential components for the technologies driving the energy transition. With the demand for these minerals set to nearly triple by 2030 and quadruple by 2040, according to the International Energy Agency (IEA), the…

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6. Power Sector and Climate Change

The power sector has long been the backbone of modern civilization, but the energy it produces has come at a significant environmental cost. Traditional energy sources like coal, oil, and natural gas—collectively known as fossil fuels—have been the primary culprits in emitting greenhouse gases (GHGs), particularly carbon dioxide (CO2). These gases trap heat in the Earth’s atmosphere, leading to what we now know as climate change. For decades, coal-fired power plants were the dominant players…

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5. How Electricity Pricing Works: Unveiling the Factors Behind Your Power Bill

Have you ever wondered why your electricity bill changes or why prices can seem so unpredictable? From how power is generated to who decides the rates you pay, a lot is going on in the background. Let us dive into how it all works, so that the next time you see your bill, you will know exactly what is behind those numbers. Who Decides What You Pay? The Role of Regulators and Market Players Electricity…

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4. Energy Storage: Powering the Future of Balance

Imagine a world where energy is always available when needed, regardless of the time of day or the whims of nature. Energy storage is a big part of making that dream a reality. But what exactly is energy storage, and why is it so crucial? Let’s break it down. Types of Energy Storage When we talk about energy storage, it is easy to think of batteries first, but there is so much more going on….

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3. Transmission and Distribution: The Journey from Generation to Consumption

Transmission and distribution (T&D) comes into play once electricity is generated. You can think of transmission lines as highways for electricity—they allow it to travel over long distances at very high speeds. The reason electricity is sent over high-voltage transmission lines is that it helps minimize energy loss during the journey. When electricity travels at low voltages, it loses a lot of energy as heat. However, by stepping up the voltage (increasing the power), the…

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2. Power Generation: How It All Works

Electricity is something many of us take for granted—until it is not there. It powers our homes, workplaces, and nearly every gadget we use. But behind this constant flow of energy is a fascinating and complex process involving various power plants, each using different methods to generate electricity. From burning coal to capturing the sun’s rays, each type of power plant plays a crucial role in delivering energy to the grid. Understanding how these power…