Standing Committee on Energy present this Fifteenth Report on ‘Hydropower, a sustainable, clean and green alternative’ relating to the Ministry of Power. Hydro power is clean, green, sustainable and also a cheap source of power in the long run.
Even as total OECD energy production rose 4% in 2014 to a record high, energy consumption among the member countries fell, as did CO2 emissions from fuel combustion, new IEA data reveal.
This report takes stock of the current state of hydropower development in India and suggest a roadmap to accelerate it in the future. India is endowed with rich hydropower potential to the tune of 148 GW, which will be able to meet a demand of 84 GW at 60% load factor.
India is at a critical juncture in scaling renewable energy to provide energy access to its growing cities and vast rural communities. Financing remains the principal barrier to the rapid expansion of India’s clean energy market needed to meet the ambitious national target of 175 gigawatts (GW) of solar, wind and other renewable energy by 2022.
Nepal is endowed with good renewable energy potential. The major sources of renewable energy are mini and micro hydropower, solar energy, various forms of biomass energy, biogas and wind energy etc.
The Government of India and policy makers are faced with the fact that India has vast wind energy potential. However, there have been different studies and assessments, producing different results.
There is a growing concern among policy makers about how electricity is generated and consumed in the context of energy security and global climate change.
Some work has been done on regulatory policies (such as energy-efficiency standards, including under the Clean Development Mechanism [CDM] and with an aim to reforming the CDM beyond a project-level scope) both from the methodological side and through blueprinting of operational models.
Based on the World Bank’s own extensive global experience and drawing upon international expertise from leading specialists and practitioners, this report presents a comparative assessment of various approaches that have been applied around the world, with varying degrees of success, to mitigate resource risks and catalyze investments in develop