1. Policy design for making India atmanirbhar (self-sufficient) in green energy technologies.
- Author
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Shrimali, Gireesh and Jindal, Abhinav
- Subjects
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CLEAN energy , *SUPPLY & demand , *SOLAR energy , *SOLAR technology , *SUSTAINABLE development , *ENERGY development , *GREEN technology , *INDUSTRIAL energy consumption , *REMANUFACTURING - Abstract
In this paper, we suggest how India can become atmanirbhar (i.e. self-reliant) in development of green energy technologies- solar, battery storage and green hydrogen, given its stated commitments in clean energy. First, we introduce a generalized policy design – a set of ten policy measures: seven necessary and three sufficient- with the former being on the supply side and the latter on the demand side. The paper argues that while the ideal policy mix would be technology dependent, based on technology maturity and the strategic positioning of the country, it should draw both from supply side (i.e., for domestic development) and demand side (i.e., for scale deployment). Then, we suggest the required individual strategies for each of the three technologies- such as a manufacturing focused policy for solar solely to develop competence in manufacturing; a bottom-up, manufacturing-led policy for battery storage with focus on deployment in parallel with technology development; and traditional top-down, research-led strategy for green hydrogen by entering via development through supply side and complementing via deployment through demand side. Finally, we compare these with the existing domestic energy industrial policies as well as those prevalent in other jurisdictions such as the US and China. • Create self-reliance for India in green energy technologies. • Develop generalized policy design with supply and demand side measures. • For solar, manufacturing focused policy for competence solely in manufacturing. • For battery storage, bottom-up manufacturing-led policy with deployment alongside development. • For green hydrogen, top-down research-led strategy where deployment follows development. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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