A Revamped India Energy Security Scenarios (IESS) 2047 (IESS 2047 V3.0) to assess the integrated impact of various green energy policies of Government of India was released by NITI Aayog
Key Features and Functionality of IESS 2047 V3.0
- Comprehensive Scope: This tool assesses the demand and supply of energy in the country, considering policies related to alternative energy resources like Green Hydrogen Mission, Renewable Purchase Obligations, PM-KUSUM, Offshore wind strategy, among others.
- Environmental Impact Analysis: By analyzing emissions, cost, land, and water requirements up to 2047, IESS 2047 aims to steer India towards a sustainable and net-zero energy future.
- Open-Source and User-Friendly: The tool is open-source, easily downloadable, and user-friendly, encouraging accessibility and engagement from researchers, think tanks, and the public.
- IESS 2047 allows users to generate personalized pathways, tailored to specific factors like industry, services, agriculture, population, urbanization, and end-use energy demand.
- Reducing External Dependency: By providing reliable estimates of the country’s energy needs, IESS 2047 helps reduce India’s reliance on external agencies.
India’s Panchamrit Goal
- Reach 500 gigawatts (GW) of non-fossil energy capacity by 2030.
- Meet 50% of India’s energy requirement from renewable energy (RE) sources by 2030.
- Reduce the carbon intensity of the economy by 45% below 2005 levels by 2030.
- Reduce total projected carbon emissions by 1 billion tonnes by 2030.
- Achieve the target of net-zero emissions by 2070.