Measures
The renewable energy share in total final energy consumption will increase to 30.5% by 2030
- The share of renewable energy in total final energy consumption will be 30.5% by 2030, which is the optimum share to ensure the achievement of other SDG7 targets and the NDC constraints.
- Renewable energy generation is projected to increase significantly and contribute 100% of the total electricity generation in 2030, led by growth in hydropower, geothermal and solar power technologies.
- Coal-fired power plants capacity addition will be phased out, compared to 35GW capacity addition planned.
- The total net benefits from the power sector will be 312 Billion USD, over 75 Billion USD higher compared to the current policy scenario. This is because of the higher running fuel and O&M costs of fossil fuel based power plant lifetime costs.
Category
Group