TERI releases annual publication on energy and environment
The Energy and Resources Institute (TERI) released the 30th edition of its annual publication on energy and environment - TERI Energy and Environment Data Diary and Yearbook 2015/16 (TEDDY). Complimenting TERI for bringing out the publication, KD Tripathi, Secretary, Ministry of Petroleum and Natural Gas said, “Energy security and environmental sustainability are two key dimensions that need consideration by policymakers and industry alike. Sustained review of all the relevant data and analysis is imperative for informed policy-making. TEDDY 2015-16 provides all the necessary inputs for the same.”
Coal: Coal remained the dominant fuel in India in 2015, comprising 56.48% of the total consumption of fuel. Coal accounted for over 67% of the total capacity addition during 2014/15. Coal imports have grown at a compound annual growth rate of 25% over the past 5 years, from 68.91 million tonnes (MT) in 2010/11 to 212.103 MT in 2014/15.
Natural gas and petroleum products: The total natural gas supply, including LNG, in India in 2014/15 was around 53.98 BCM and imports formed around 37.7%. The production of natural gas declined in 2014/15 by about 5%, from 35.4 billion cubic metres (BCM) in 2013/14 to 33.65 BCM in 2014/15. As diesel prices were fully decontrolled in October 2014, under-recoveries on the fuel were brought down to Rs 10,935 crores in 2014/15, from Rs 62,837 crores in the previous fiscal year.
Solar energy: The Indian solar photovoltaic (SPV) market has witnessed significant growth.
TEDDY is an annual TERI publication since 1986. The Power Minister Piyush Goyal recently said that the government plans to achieve 20,000 MW of solar production by 2017. “The solar energy mission envisaged 20,000 MW of solar electricity generation by 2022. But this target has been scaled up by Prime Minister Narendra Modi to 1,00,000 MW (1 Gw) by 2022,” he said at an event held in Mumbai. He said that his ministry has already bid out 19,000 MW of solar energy projects and that the installed capacity of 20,000 MW would be achieved as early as 2017.
The all-India solar energy capacity stood at 5,248 MW as on 31 January 2016, accounting for 13.3 per cent of the country’s renewable energy capacity as against negligible levels as of March 2010.