Reports and Documents

As COVID-19 hits the fossil fuel industry, the GTR 2020 shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritize clean energy in economic recovery packages and bring the world closer to meeting the Paris Agreement goals.

This analysis indicated the importance of local and regional differences in flexibility supply and demand and the need to evaluate options and plans at a state level to fully understand the costs, potential, and issues that might arise.

Growth in energy markets slowed in 2019 in line with weaker economic growth and a partial unwinding of some of the one-off factors that boosted energy demand in 2018.This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018.

Even as the global economy has been locked down by the COVID-19 pandemic, May 2020 saw the renewable energy and storage sectors continue to achieve new record-breaking milestones. Stranded asset risks for the coal-fired power sector continue to grow as a result, sending global capital fleeing for the exits.

According to the latest cost data from the International Renewable Energy Agency (IRENA), the global weighted-average levelised cost of electricity (LCOE) of utility-scale solar photovoltaics (PV) fell 82% between 2010 and 2019, while that of concentrating solar power (CSP) fell 47%, onshore wind by 39% and offshore wind at 29%, the IRENA Renewa

The Renewable Energy Directive limits the share of unsustainable crop based biofuels and promotes certain types of biofuels produced from a list of materials defined in its Annex IX. This list is the basis for member states to define the different levels of support to different types of biofuels under their national framework.

In the last four years, solar installations in India have grown more than five-fold, from a mere 6 gigawatt (GW) of capacity in 2016 to almost 35 GW, achieving more than one-third of the country’s ambitious 2022 solar target of 100 GW.

Renewable power sources have so far showed impressive resilience despite the disruptions and changes caused by the coronavirus pandemic, with their share of the electricity mix increasing in many markets.

Under the Phase III of Off-grid and Decentralized Solar PV Applications Programme of MNRE, off-grid solar power plants of individual size up to 25 kWp can be installed in areas where grid power has not reached or is not reliable.

This brochure offers decision-makers in the real estate and energy industries, as well as urban and municipal developers, a broad overview of the topics of decentralised energy generation and supply, and raises awareness of the goal of decarbonisation by 2050 at the latest.