Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates 

A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country. 

The report estimates that the share of installed capacity of non-fossil fuel energy in India would rise up to 64 percent by 2030. It also said that the sector alone could contribute 45 percent of India’s total power generation.  

“In the year 2029-30, Non-fossil (Nuclear, solar, wind, biomass, Hydro) based installed capacity is likely to be about 64% of the total installed capacity, and non-fossil fuels contribute around 45% of the gross electricity generation during the year 2029-30,” 

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The report also said that although the capacity addition of coal would continue till 2030, their total installed capacity share might decline. As per the report, an additional 26.9 GW of coal capacity will be commissioned by 2030. However, the percentage of energy generated from coal is expected to come down to 54.5% from the current generation capacity of 72%, as older plants are retired. 

The report also said that the peak demand in the country in 2029-30 is set to touch 334.8 Gigawatt (GW) while the total installed capacity of all forms of energy in the country could touch 777GW during the same period. 

It also claimed that the impact of electric vehicles on all India demand in 2029-30 is likely to touch 3GW in peak demand. It also said that the all-India energy requirement to offset due to solar rooftop installation had been estimated at 34.8 BU in 2029-30. 

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The CEA report also said that the additional energy required for green hydrogen production could be around 10 million Tonnes (considering only a 5 million tonnes load on Grid) and estimated as 250 BU by FY 2029- 30.

The report also said that the cumulative installed capacity of wind energy will likely be up to 100 GW by 2029-30, whereas any significant offshore wind power capacity is expected to be added only after 2030.