The Central Electricity Authority (CEA) has released its revised second version of the “optimal generation mix 2030” report, predicting strong growth for renewable energy in India over the next seven years. The report estimates that non-fossil fuel energy’s share of installed capacity in India will rise to 64% by 2030, with the sector alone contributing 45% of the country’s total power generation.
The report also suggests that while coal capacity will continue to increase until 2030, its total installed capacity share may decline. An additional 26.9 GW of coal capacity is expected to be commissioned by 2030, but the percentage of energy generated from coal is likely to fall to 54.5% from the current 72% due to the retirement of older plants.
Furthermore, the report estimates that India’s peak electricity demand in 2029-30 will reach 334.8 GW, and the total installed capacity of all energy forms could reach 777 GW during the same period. The impact of electric vehicles on India’s total demand in 2029-30 is predicted to reach 3 GW, while the energy required to offset solar rooftop installation is expected to be 34.8 BU.
The report also notes that the additional energy required for green hydrogen production could be around 10 million tonnes by FY 2029-30, with an estimated 250 BU. Additionally, the cumulative installed capacity of wind energy is expected to reach 100 GW by 2029-30, and significant offshore wind power capacity is only anticipated to be added after 2030.
View the CEA Report: