NamasteGreenIndia’s Power Mix 2024: Renewables Surge Amid SlowestGrowth Since Pandemic
KeyStats
🟩 GrowthRate: Power output grew by 5.6%, the slowest since the pandemic.
⚡ CoalShare: Coal contributed 74.4% of total power generation, slightly down from 75% in 2023.
🌞 RenewableEnergyContribution: Renewables formed 12.1% of total power generation.
🌬️ WindEnergy: Added 3.5GW, reaching a total installed capacity of 48.16GW.
💧 HydropowerGrowth: Output increased by 4%, recovering from a 13.7% decline in 2023.
🔋 SolarEnergy: Added 24.5GW, boosting total capacity to 97.86GW.
EnergyMixHighlights
🟨 Coal: 212.3GW installed capacity (45.96% of total).
🟦 Renewables: Total capacity reached 209.44GW (15.84% YoY growth).
💧 Hydropower: 46.93GW capacity.
🌞 Solar: 97.86GW capacity.
🌬️ Wind: 48.16GW capacity.
KeyTakeaways
🌧️ WeatherImpact: Unseasonal rains reduced cooling and irrigation energy demand.
📉 EconomicSlowdown: Industrial hubs reported muted power consumption.
🔄 RenewableChallenges: Variability in solar and wind generation impacted output.
VisualSummary
🟩 RenewableCapacityGrowth: 209.44GW (15.84% YoY growth).
🟧 CoalDominance: 74.4% of power mix.
🌬️ WindEnergyGrowth: 3.5GW added.
🌞 SolarEnergyExpansion: 24.5GW added.
💧 HydropowerRecovery: 4% output growth.
India is steadfast in achieving its 500GW renewable energy capacity by 2030, balancing EnergySecurity, IndustrialGrowth, and ClimateAction.
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Originally published on LinkedIn on 2025-01-14 12:59:12: https://www.linkedin.com/feed/update/urn%3Ali%3AgroupPost%3A2368335-7284916965930864640
