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R.K Singh highlighted the Journey of Indian Power Sector

Indian Power Sector

The Journey of the Indian Power Sector

Indian Power Sector – New Delhi: Union Minister of Power and New and Renewable Energy, Shri R K Singh, outlined India’s remarkable journey in the power sector, from ensuring universal access to becoming a global leader in energy transition and the only major economy whose actions are consistent with a global temperature rise of fewer than 2 degrees Celsius. 
 
Shri Singh took part in a panel discussion at Harvard’s India Conference on Saturday, February 19, titled “Powering India’s Energy Infrastructure: Technology, Investment, and Policy Perspective.” 
 
Minister Singh spoke about his efforts to create and implement a robust plan to make the power distribution sector viable, paving the way for new and advanced technology, ensure a supportive regulatory framework for the RE industry, and make India a world leader in green hydrogen and battery storage—Powering the Green Future of India. 
 
He went on to describe the many energy-saving initiatives that have resulted in CO2 emissions reductions of 320 million tonnes per year, as well as the creative proposals to deliver green renewable energy during peak hours and a 24×7 power supply using exclusively green energy.

Indian Power Sector Journey

Steps were taken by the government to enable the incorporation of renewable energy into the nation’s interconnected grid

Construction of intra-state and inter-state transmission systems for renewable energy transmission 
 
-To reduce intermittency, innovative solutions such as solar-wind hybrid projects, RE projects with energy storage systems, and REpower supply balanced with power from non-RE sources have been launched. 
 
-Transmission of electricity generated from solar and wind sources of energy is exempt from inter-state transmission charges. 
 
Setting up Regional Energy Management Centers (REMCs) for accurate renewable power forecasts and aiding grid operators in managing renewable power variability and intermittency. 
 
-By combining renewable energy and storage power, thermal/hydropower stations can be more flexible in terms of generation and scheduling. 
 
-The Green Term Ahead Market (GTAM) and Green Day Ahead Market (GDAM) for the selling of renewable energy will be implemented. 

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