Will be self-sufficient in the field of green energy by 2047, will save trillions of dollars

The whole world is struggling with the problem of climate change. In the race to achieve the goal of industrial and economic development, we have exploited nature so much that we are getting its reward in the form of climate change. Now all the countries are trying their level best to reduce the ill effects of environmental change. Since India is a country that worships nature. Nature worship has been given great importance in our culture and civilization. Trees and plants are given the status of God. India is also not untouched by global warming and climate change, so by the year 2047, we have set a target of becoming self-sufficient in the field of green energy. Along with this, we have resolved to bring carbon emissions to net zero level by the year 2070.

The people of the country will get cheap fuel from green energy

In such a situation, if we achieve self-sufficiency in the field of green energy by the year 2047, then the maximum benefit will be to the consumers. It will be available to people in India at affordable prices and this will save up to about 2.5 trillion US dollars. This thing has also been said in the report published by the US Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab). The report has been titled ‘Path-Way-to-Self-Reliance’ and has studied the most energy consuming sectors in India. In which transport, power generation and industrial units have been included. In this, by promoting green energy, not only the protection of the environment can be done, but also there will be a huge economic benefit from it. Along with this, the import of fossil fuel can be reduced by 240 trillion dollars every year. It has also been said in the report that there are reserves of lithium in India. In such a situation, it will help India to effectively reduce the cost to promote green energy. Along with this, India is the country to achieve the goals of green energy at the lowest cost.

Our share of global energy consumption will double by 2050

Since the demand for energy is increasing in the country due to the increasing population. The sources of conventional energy such as coal, fossil fuels are becoming limited and they are also the biggest cause of carbon emissions in the environment. In such a situation, we have to promote green energy. The Government of India is moving forward with this goal. We are moving ahead on the path of rapid progress. We are now the world’s 3rd largest energy consumer, 3rd largest consumer of oil, 3rd largest consumer of LPG, 4th largest importer of LNG, 4th largest refiner and 4th largest automobile market in the world. By 2050, our share in global energy consumption will double. According to the American report, the demand for energy in India will quadruple. We have to import 90% of our consumption oil, 80% industrial coal, 40% natural gas to meet our needs and since their prices are volatile in the international market, its most serious impact is on inflation in the economy. .

Targets 20% ethanol blending by 2025-26

To overcome this situation and to make the country self-sufficient in the field of energy, the Government of India has chosen the domestic product ethanol as an alternative fuel. India has accomplished the target of 10 percent ethanol blending five months ahead of schedule. Along with this, the target to achieve the target of 20 percent ethanol blending has been reduced from 2030 to 2025-26. PM Narendra Modi has launched E-20 petrol. Since we are the second largest sugarcane producing country globally after Brazil. In such a situation, we have a special ability to produce ethanol from sugarcane and other food grains. Ethanol Blended Petrol is being promoted by the concerned Ministry of Government of India. With this, on the one hand we will be able to save the environment, on the other hand it is benefiting the farmers of the country in the form of providing economic strength.

Emphasis on promotion of electric vehicles

Government of India is promoting vehicles powered by electric energy. For this, the manufacturing of lithium based batteries is being promoted. To charge electric vehicles, charging stations are being constructed across the country along with National Highways, Industrial Corridors. Along with this, the Government of India has brought a scrappage policy to replace vehicles that are more than 15 years old, so that the environmental damage caused by the carbon emissions emanating from them can be reduced. For this, the government will also give financial help to the people to remove old and junk vehicles. Apart from battery based vehicles, green hydrogen fuel is also being promoted. For this, the government has made a separate provision of Rs 19 thousand 500 crore. Through this, the emphasis of the government is to provide financial assistance to private companies, new entrepreneurs for the manufacture of green hydrogen fuel so that we can meet our goals in the field of clean energy faster. According to a US report released on Wednesday, India will become a country to operate 100 percent electric vehicles by 2035.

The target is to generate 500 GW of electricity by 2030

The Ministry of Power had constituted a high level committee under the chairmanship of the Central Electricity Authority. In which the need to acquire technologies has been emphasized to achieve the target of 500 GW power generation from non-fossil fuels by the year 2030. The committee has taken steps towards integration of 500 GW renewable energy capacity in consultation with states and other stakeholders. A comprehensive plan is underway for the technologies required to achieve 537 GW of renewable energy capacity by 2030. The current installed power generation capacity in the country is 409 GW, of which non-fossil fuel sources account for 173 GW, which is about 42 percent of the total power generation capacity. To further promote this, the Government of India is also giving subsidy to the farmers to install solar pump sets, roof top solar based systems in homes. At the same time, it has been said in the American report that India will achieve the target of clean energy by 80 percent by the year 2040 and 90 percent by 2047.  

Leave a Comment

Scroll to Top