As several parts of India have been troubled with heatwaves, since last month. There has been a shortage of power because of increased consumption. For over 8 days in April, India witnessed a shortage of about 100 million units of electricity, resulting in power cuts.
According to the analysis of a think tank called Climate Risk Horizons, this shortage could have been averted if India had achieved its 2022 renewable energy targets. Also, India would have saved about 4.4 million tonnes of coal. Since the power shortage was mostly caused by the lack of coal supply. It is important to note that the cause was not lack of coal stock or coal plants, but because of supply and cash flow reasons.
India set an ambitions target of producing 175 gigawatts of renewable energy in by the year 2022, and in April of this year the county was still 80 gigawatts away from the target.
“Two things are true: without the massive RE growth since 2016, the power crisis in April would have been much, much worse. At the same time, if we had been on track for 175 GW by the end of the year, there would have been no power crisis at all," said Ashish Fernandes, CEO of Climate Risk Horizons.
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