The National Centre of Good Governance (#NCGG) invited me to take an "Energy Transition in India: Challenges and Opportunities" session at the 10th Training Programme on #PublicPolicy and #Governance for the #CivilServants of #Cambodia on 11th March 2025. The cohort consisted of 40 mid-level Cambodian civil servants from different ministries and departments. It was a pleasure to see the enthusiasm amongst young civil servants and their zeal to learn about India's strategies for #EnergyTransition. In earlier posts, I have already discussed about challenges that are being faced due to Energy Transition. Since I was asked to also focus on the opportunities due to the Energy Transition, some of the points highlighted by me included:
•500 GW of Non-Fossil capacity by 2030 – Opportunities for developers, manufacturers, and service providers in solar, wind, nuclear, and other renewable sources of power.
•Tackling intermittency of renewables – Opportunities in hydro plants, battery, and pumped storage systems for grid stability and integration of renewables.
•Strengthening Transmission Infrastructure - Opportunities for developers, manufacturers, and service providers in developing inter-state transmission networks.
•Reducing Peak Demand – Demand Side Response – Opportunities in AI-based grid forecasting, smart metering (Time of the Day metering), and tech-driven energy solutions.
•Reducing dependence on imports - Opportunities in building production base for Solar PV modules, solar cells, wind turbines, batteries for EVs and grid-scale storage, smart meters, hydrogen electrolyzers, etc.
•Electrification of transportation – Opportunities in EV manufacturing, battery recycling, and charging infrastructure.
•Decarbonization of industry – Opportunities in the electrification of heating processes in the industry.
•Green Hydrogen Production: National Green Hydrogen Mission - investment and R&D opportunities.
•Energy Efficiency - Opportunities in energy-efficient buildings, retrofitting of older structures, Smart HVAC (Heating, Ventilation, and Air Conditioning) systems, and Energy management solutions for industries.
•Jobs– A large number of job opportunities and huge Skill shortage in Clean Technologies.
•Financing Energy Transition – Opportunities in renewable energy project financing, green bonds, sustainable debt instruments, Climate finance, and carbon trading.
Thanks to Dr. Surendrakumar Bagde, DG, NCGG and Dr. B. S. Bisht, Associate Professor, NCGG for the opportunity to share my views with the participants.
National Centre for Good Governance Srinivas Voruganti Heng Bunny