India is one of the fastest-growing large economies in the post-Covid era.
As a rapidly developing nation, India is currently the world’s fourth-largest emitter of greenhouse gases.
Crude oil prices recently crossed US$ 75/bbl, fuelling serious concerns whether India’s rapidly expanding economy can sustain a high and growing level of crude imports There are also serious concerns of global warming from burning of fossil fuels.
Biofuels are produced from renewable biological sources and have been considered as viable alternatives to fossil fuels.
The International Energy Agency (IEA) estimates that industrial heat forms about two-thirds of the industrial energy demand and about one-fifth of the global energy demand.
In India, one of the world’s fastest growing economies, most industries still run on fossil fuels.
Global warming due to the greenhouse effect mostly stems from increased fossil-fuel consumption, and the resultant CO2 emissions.
Transport options driven by fossil fuels, poor waste management (due to waste burning), emissions from industry, and road dust are among the top common components of air pollution in the non-attainment cities.
According to Union Ministry of Statistics and Programme Implementation, India produced 15,311 petajoules of energy in 2020 of which 81% was derived from fossil fuels such as coal, oil, and natural gas.
The draft Karnataka Renewable Energy Policy 2021-2026, issued by the Karnataka Renewable Energy Development Limited recently, targets developing 20 GW of renewable energy (RE) projects in the state with and without energy storage.
Renewable energy is gaining traction in India as a viable alternative to fossil fuels.
The two-week-long UN Climate Change Conference (COP26) concluded with the negotiated terms detailed in the Glasgow Climate Pact.
In India, solar photovoltaics (PV), which is environmentally friendly and safer, is gaining popularity as a viable alternative to fossil fuels.
Every year, India’s energy consumption from fossil fuels is worth approximately Rs 7 trillion.
The benefits of switching to electric process-heating technologies are evident.
