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Path to Sustainable Growth and Energy Transition UPSC NOTE

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  Balancing Energy and commercial interest India must harness its best resources, advanced technologies, and expertise to become a developed...

 Balancing Energy and commercial interest

  • India must harness its best resources, advanced technologies, and expertise to become a developed nation by 2047 while ensuring a low-carbon pathway.

  • Shutting down coal plants without adequate alternatives is not advisable, as energy security and commercial interests are key factors in energy transitions.

Global examples

  • Past energy transitions in advanced economies were driven by commercial interests, not emission goals, and they continue to rely on fossil fuels.

  • France expanded nuclear power in the 1970s due to oil embargoes, and the EU's REPowerEU plan invested €10 billion to reduce dependence on Russian gas.

  • The U.S. approved its largest oil drilling project in Alaska in 2023, showing continued reliance on fossil fuels by developed nations.

India’s transition

  • India's coal plants, expanded in the 2010s, should not be shut without a dependable alternative, as this would lead to wasted investments.

  • India must focus on achieving net-zero emissions by 2070, prioritizing renewable energy innovations like battery storage and grid infrastructure.

  • Energy transition and energy security pose challenges, as seen in developed countries’ reliance on both fossil fuels and renewables.

  • Transitioning to renewables has raised electricity prices and led to congestion costs in managing a mixed energy system.

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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: Path to Sustainable Growth and Energy Transition UPSC NOTE
Path to Sustainable Growth and Energy Transition UPSC NOTE
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Learnerz IAS | Concept oriented UPSC Classes in Malayalam
https://www.learnerz.in/2025/02/path-to-sustainable-growth-and-energy.html
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