Since CCUS is at a nascent stage of deployment, government support and incentives are needed to promote the adoption and development of CCUS technologies at a commercial scale in India. The next decade is that of CCUS - where global capture of CO2 will increase manifold, investments will be at an all time high and hundreds of such facilities will be built - the world shall look up to India in its carbon management plan. The time is right for India to progress towards a dedicated national CCUS Mission, taking inspiration from endeavours like the National Green Hydrogen Mission, National Solar Mission, etc. Let's look at how India is looking at CCUS as an opportunity in meeting four of the 17 Sustainable Development Goals of the UN and can join the league of major world economies in the CCUS world map.
India stands at a critical juncture in its clean energy journey. We are the world's third-largest CO2 emitter, yet committed to ambitious decarbonisation goals of 45 per cent emission reduction by 2030 and net zero by 2070. While the expansion of renewable power is a notable success in India's clean energy transition, the power sector accounts for only a third of total emissions, which are expected to decline as renewables replace fossil fuels.
The growing industrial economy emits close to another third of the aggregate emissions that are hard to lessen, due to the use of fossil fuels not only as a source of energy but within the process itself, and will continue to increase, unless new technologies and carbon abatement mechanisms are deployed. At the same time, while we phase down the use of fossil energy sources over time, India will be dependent on coal for a long time, to support the ever-increasing energy demand and meet the requirements for affordable and reliable baseload power.
Role of CCUS
هذه القصة مأخوذة من طبعة AgroSpectrum India Sep 2024 من AgroSpectrum.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة AgroSpectrum India Sep 2024 من AgroSpectrum.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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Small farmers are the greatest asset to India's food security: PM Modi
Prime Minister Narendra Modi centre) along with other dignitaries at the inauguration of the 32nd International Conference of Agricultural Economists ICAE) at National Agricultural Science Centre NASC) Complex, in New Delhi on August 3, 2024.
Agri Budgeting Blues
Budgeting blues is a wonderful term to identify what you have and what is necessary to investigate the need. When one deciphers the current Budget specifically for the farm sector blues, there is little Khushi (Happiness) and more Gum (sadness).
Unlocking the Potential of Municipal Solid Waste
The more conventional methods of managing waste, such burning and landfilling, become unsustainable. Landfills, although still in widespread usage, are land-use intensive and provide long-term environmental hazards, such as methane emissions and groundwater contamination. Even while incineration is a good way to reduce trash volume, it is energy-intensive and emits dangerous emissions. Cities are looking for new and creative approaches to manage garbage sustainably as conventional approaches become less practical.
Why Energy Transition Financing is Crucial for India
The whole world is badly hit by the cost of energy, including fuel, due to the ongoing geo-political issues. India’s net oil and gas import bill reportedly stood at 122 billion for 2023-24. The Indian economy is the fastest growing economy and estimated to grow between 6.8 and 7.2 per cent in the coming years. No doubt the need for energy is ever increasing. India’s per capita electricity consumption is at 1200 units as compared to the USA which is 12000 units. Energy is a growth engine for any economy. In such a situation, focusing on Energy Transition is quite crucial, with significantly long term financing for 15-20 years in place.
Navigating Upstream Challenges in Bioenergy Sector
Bharat is at the cusp of a Green Energy Revolution’; and Bioenergy, including Biofuels, is a vital Energy Engine’ to contribute towards the Net Zero 2070 commitment made by India during COP26. Surely, we will get there with collective efforts and partnerships, as we move into COP29 at Azerbaijan this year and beyond and one is sanguine that Bharat will not only lead the 2nd Industrial Revolution but also initiate and lead the Green Energy Revolution’.
Why Ensuring Adequate Biomass Supply is Fraught with Challenges
In recent years, biomass has emerged as a promising source of bioenergy, offering carbon neutral and sustainable energy. Sourcing and procurement of feedstock in India, however, presents unique challenges due to varying agricultural land, infrastructure constraints and economic conditions. Let's take a closer look.
Leveraging Bioenergy to Revitalise Indian Economy
From the early use of fire and animal power that improved lives, to the present world with use of electricity and cleaner sustainable fuels for a multitude of purposes - energy has been the enabler of development.
Can Bioenergy Adoption End Stubble Burning Practise?
Rice is one of the primary agricultural produces in India and a major source of sustenance.
Compressed BioGas: The New Hope for Energy Independence
The global bioenergy landscape is evolving rapidly, with countries around the world recognising its potential to address climate change, enhance energy security, and promote sustainable development. India, with its abundant biomass resources and growing energy demand, is uniquely positioned to lead in the bioenergy sector, particularly in the production and utilisation of Compressed Biogas CBG). Let's delve deep as to how CBG can be a new hope for energy independence for India.
Public-Private Partnership in Bioenergy Sector
Public-Private Partnerships (PPPS) represent a collaborative approach between government entities and private sector companies to achieve goals that neither party could easily achieve alone.
