Energy transition pathways towards a low-cost 100% renewable power system across India by 2050
Wärtsilä and Lappeenranta-Lahti University of Technology LUT have carried out a first-of-its kind power system analysis exploring a net-zero power system across India by 2050. The findings of the study show that India can accelerate the transition towards a cost-optimal power system based on 100% renewable energy and avoid locking in a highly polluting, more expensive and less effective energy resources.
The study not only provides insights on the key role that flexible technologies play in the power system, but also allows central and state level stakeholders to garner a system level view for better planning to develop solutions which can enable a smooth transition towards a carbon neutral future.
Industry panellists further discuss key aspects to enable a rapid energy transition, including:
- Technological feasibility of rapid renewable energy deployment to achieve a 100% renewable generation by 2050 across the different regions of India
- The need to increase power system flexibility to deliver a cost-optimal transition for consumers and the technology options – energy storage and fuel-flexible internal combustion engines
- Policy takeaways – key enablers to drive investments in flexibility options for a future power system
This event was co-organised with:
Lappeenranta-Lahti University of Technology LUT.