Industry Leader Offers Guidance for New Policy and Integration Strategies
In a move to accelerate Rajasthan’s transition to renewable energy, Mr. Jiwesh Nandan, a Distinguished Fellow specializing in Industrial Energy Efficiency at The Energy and Resources Institute (TERI), visited Jaipur to mentor industry leaders working on the state’s solar and renewable energy goals.
Leveraging his experience as a former Indian Administrative Service (IAS) officer and his expertise in energy, Mr. Nandan offered valuable insights and recommendations to strengthen Rajasthan’s solar energy landscape. Combining his knowledge with TERI’s research excellence, he provided strategic guidance for developing the state’s new solar energy policy.
This policy is designed to enhance energy independence and resilience by promoting the adoption of renewable energy sources. Notably, Rajasthan is poised for significant growth in cost-effective variable renewable energy (VRE) capacity, with projections exceeding 60 GW by 2030, including 30 GW of solar photovoltaics (PV) and 30 GW of wind.
“Businesses are reflecting the changing values and economics of the world by focusing on resource efficiency and clean energy,” emphasized Mr. Nandan. “As they take such initiatives, we need to ensure others learn about them, so these pioneers inspire action by many. Indian businesses are developing technologies for our future needs, and consumers are at the heart of this movement. Companies will follow where consumers take them. Hence, it’s crucial to inform consumers about what’s possible and create excitement about a sustainable, net-zero future.”
Mr. Nandan underscored the transformative potential of renewable energy in Rajasthan’s commercial and industrial sectors. He urged industry representatives to explore low-carbon policy avenues that promote renewable energy and energy efficiency. He also highlighted the opportunities for integrating solar energy into commercial and industrial operations, emphasizing the importance of customized solutions for each sector.
Furthermore, Mr. Nandan pointed to Rajasthan’s Renewable Energy Policy 2023, targeting 90 GW of renewable energy projects by 2029-30, as a key driver of the state’s sustainable energy development. He additionally emphasized the potential for shifting agricultural demand to daytime hours and integrating electric vehicle (EV) load to reduce reliance on grid-scale batteries, thereby enhancing energy sustainability in Rajasthan.
During the visit, TERI showcased its impactful initiatives in Rajasthan, encouraging industry players to participate in the movement towards sustainable practices and energy integration. TERI’s studies suggest that integrating renewables up to 35% of the total energy mix by 2030 can be achieved at no extra system cost.
To fully realize the potential of the Rajasthan Renewable Energy Policy 2023, utilities in the state need to carefully analyze their supply portfolio and demand profile. TERI recommends that utilities develop a roadmap to integrate increasing renewable energy while addressing the variability and intermittency of VRE. TERI is also providing support at the state level to develop an understanding of the implications of increasing renewable energy penetration.
As the Secretariat of the industry coalition, TERI will continue to lead efforts in assessing future pathways for India’s energy and industry transition. Mr. Nandan’s visit aimed to mentor industry stakeholders in Rajasthan to further advance sustainable practices, promote renewable energy adoption, and integrate energy systems for a greener and more resilient future.