On August 1, The Energy and Resources Institute (TERI) and Shell have jointly launched a report titled, “India Transforming To A Net-Zero Emissions Energy System.” The report outlines what India needs to do this decade (from now until 2030) to help meet its net-zero emissions target while also delivering energy security and energy equity.
The report presents four potential scenarios, all aiming to achieve net-zero emissions within India’s energy system by the latter half of this century. It highlights the need for (i) Increasing electrification in energy end use sectors. (ii) Meeting electricity demand increasingly from non-fossil sources. (iii) Developing low-carbon alternatives such as hydrogen and biofuels for hard-to-electrify segments. (iv) Deploying digital solutions to enable low carbon alternatives. (v) Supporting circular economy business models to drive resource efficiency. (vi) Creating an enabling environment for planning, establishing and scaling up carbon removals after 2030 to address the most expensive and hardest-to-abate residual emissions. It further emphasises the need for policy interventions, technological advancements, and behavioural changes to facilitate the transition towards more-sustainable energy practices.
Speaking at the launch, Nitin Prasad, Chairman, Shell Group of Companies in India, said, “Shell has been a thought leader in India’s energy transition journey jointly with TERI for over a decade. Building on this collaboration, the report explores pathways for India until 2030 to achieve its commitments, emphasising the pivotal role of renewable energy, energy efficiency, and electrification in its decarbonisation efforts.”
