A Least-Cost Assessment of the CO2 Mitigation Potential Using Renewable Energies in the Indian Electricity Supply Sector

FCN Working Paper No. 14/2014

38 Pages Posted: 13 Jan 2015 Last revised: 23 Jan 2015

See all articles by Subhash Kumar

Subhash Kumar

RWTH Aachen University - Institute for Future Energy Consumer Needs and Behavior (FCN)

Reinhard Madlener

RWTH Aachen University

Date Written: November 1, 2014

Abstract

The Indian power sector is experiencing a lot of pressure to supply sustainable electricity at affordable cost due to heavy demand especially in the summer peak season. Most of India’s electricity is produced by fossil fueled power plants, which are the source of CO2 emissions. In this case, renewable energy sources play a vital role in securing sustainable energy without environmental emissions. This paper examines the effects of renewable energy use in electricity supply systems and estimates the CO2 emissions by developing various scenarios under the least cost approach. The LEAP energy model is used to develop these scenarios. The results show that in an accelerated renewable energy technology (ARET) scenario, 23% of electricity is generated by renewables only, and 74% of CO2 reduction is possible by 2050. If the maximum energy savings potential is combined with the ARET scenario, the renewables share in electricity supply rises to 36% as compared to the reference scenario, while the CO2 emission reduction in this case remains at 74%.

Keywords: CO2 mitigation, Electricity generation, LEAP, Least cost method, Renewables, India

JEL Classification: C70, P48, Q41, Q42

Suggested Citation

Kumar, Subhash and Madlener, Reinhard, A Least-Cost Assessment of the CO2 Mitigation Potential Using Renewable Energies in the Indian Electricity Supply Sector (November 1, 2014). FCN Working Paper No. 14/2014. Available at SSRN: https://ssrn.com/abstract=2548506 or http://dx.doi.org/10.2139/ssrn.2548506

Subhash Kumar (Contact Author)

RWTH Aachen University - Institute for Future Energy Consumer Needs and Behavior (FCN) ( email )

Mathieustrasse 10
Aachen, 52074
Germany

Reinhard Madlener

RWTH Aachen University ( email )

School of Business and Economics / E.ON ERC
Mathieustraße 10
Aachen, 52074
Germany
+49 241 80 49 820 (Phone)
+49 241 80 49 829 (Fax)

HOME PAGE: http://www.eonerc.rwth-aachen.de/fcn

Register to save articles to
your library

Register

Paper statistics

Downloads
25
Abstract Views
361
PlumX Metrics