India Implements 5% Biomass Co-Firing in Thermal Power Plants Starting FY 2024-25
India’s Ministry of Power announces that there are 47 Thermal Power Plants which have carried out co-firing of agro residue based biomass pellets with coal. The Ministry of Power issued modification on 16.06.2023 to revise the biomass policy dated 08.10.2021 and now it mandates 5% biomass co-firing in Thermal Power Plants from 2024-2025. This obligation shall increase to 7% from 2025-2026. Read full article.
Installed energy capacity in India as of February 2023
RES* = Renewable energy sources and includes small hydro project, biomass power, urban and industrial waste power, solar and wind energy.
As of February 2023, India’s primary energy source was thermal energy, with an installed capacity exceeding 236 thousand megawatts. These power plants supply around 70% of the electricity consumed in the country.By 2030, India aims to have half of its power from renewable sources, as per the Central Electricity Authority. The government’s strong commitment to clean energy has led to steady growth in renewable capacity, also creating jobs in rural areas through these projects.
Based on 2023 results, power generation from coal to reach historical maximum
In 2023, electric energy generated from coal globally is set to hit a record high of 10,373 terawatt-hours (TW/h), marking an increase of nearly 2%, as projected by Rystad Energy. However, from 2024 coal-based generation worldwide will start a gradual decline due to the phasing out of coal-fired plants in Europe and the USA, alongside tougher competition from other energy sources in Asia-Pacific countries. Read full article.
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