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The green transition India needs

By District Energy posted 11-14-2024 05:59

  

The Indian Express

Summary

As COP29 negotiations play out in the shadow of Donald Trump’s win in the US and conflicts in West Asia, one thing is clear: India will have to decarbonise equitably without slowing down its economy while also attracting climate finance to drive investments. India must consider seven fundamental shifts to build a strong economy that stands on the shoulders of a clean, resilient and robust energy system. People must form the core of this green economy.

We can use similar opex models to provide energy efficiency as a service, set up distributed renewables, enable district cooling instead of every individual buying ACs, and sustainable mobility (paying for clean transportation service per kilometre rather than the capex of an electric bus). It is all about the final use of energy and pricing it right.

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