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India's energy system transition - Survival of the greenest

Author

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  • B. Sudhakara Reddy

    (Indira Gandhi Institute of Development Research)

Abstract

The transition to a clean and green energy system is an economic and social transformation that is exciting as well as challenging. The world today faces a formidable challenge in transforming its economy from being driven primarily by fossil fuels, which are non-renewable and a major source of global pollution, to becoming an economy that can function effectively using renewable energy sources and by achieving high energy efficiency levels. In the present study, a green economy scenario is developed for India using a bottom-up approach. The results show that significant resource savings can be achieved by 2030 through the introduction of energy-efficient and green technologies. The building of a green energy economy can also serve another purpose: to develop new 'pathways out of poverty' by creating more than 10 million jobs and thus raise the standard of living of low-income people. The differences between the baseline and green energy scenarios are not so much the consequence of the diffusion of various technologies. It is the result of the active roles of different actors and the drivers that become dominant.

Suggested Citation

  • B. Sudhakara Reddy, 2014. "India's energy system transition - Survival of the greenest," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2014-043, Indira Gandhi Institute of Development Research, Mumbai, India.
    • Handle: RePEc:ind:igiwpp:2014-043
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    Cited by:

    1. Reddy, B. Sudhakara, 2018. "Economic dynamics and technology diffusion in indian power sector," Energy Policy, Elsevier, vol. 120(C), pages 425-435.
    2. Jianxue Chai & Lihui Zhang & Meng Yang & Qingyun Nie & Lei Nie, 2020. "Investigation on the Coupling Coordination Relationship between Electric Power Green Development and Ecological Civilization Construction in China: A Case Study of Beijing," Sustainability, MDPI, vol. 12(21), pages 1-29, October.
    3. Isabella Tamine Parra Miranda & Juliana Moletta & Bruno Pedroso & Luiz Alberto Pilatti & Claudia Tania Picinin, 2021. "A Review on Green Technology Practices at BRICS Countries: Brazil, Russia, India, China, and South Africa," SAGE Open, , vol. 11(2), pages 21582440211, May.
    4. Laha, Priyanka & Chakraborty, Basab, 2021. "Low carbon electricity system for India in 2030 based on multi-objective multi-criteria assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    5. Sindhu, Sonal & Nehra, Vijay & Luthra, Sunil, 2016. "Identification and analysis of barriers in implementation of solar energy in Indian rural sector using integrated ISM and fuzzy MICMAC approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 70-88.
    6. Nandal, Vinod & Kumar, Raj & Singh, S.K., 2019. "Barriers identification and analysis of solar power implementation in Indian thermal power plants: An Interpretative Structural Modeling approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 114(C), pages 1-1.

    More about this item

    Keywords

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    JEL classification:

    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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