Berkeley Laboratory Predicts Energy Independence For India By 2047

Berkeley Laboratory:-

A study titled "Pathways to Atmanirbhar Bharat" by the prestigious Lawrence Berkeley National Laboratory of the US Department of Energy, suggests that India has the potential to   attain energy independence using clean technology when it celebrates 100 years of Independence.

Findings of Pathways to Atmanirbhar Bharat

The study has found out that the energy infrastructure of India would require investments of over $3 trillion in the next few decades. Berkeley Lab staff scientist and co-author Amol Phadke stated that "India's energy infrastructure requires a USD3 trillion investment in the coming decades, and our study finds that prioritizing new energy assets that are cost-effective and clean is crucial for long-term financial sustainability". 

The Economic Survey examined the three most energy-intensive sectors of India –transport, industry, and power and has released a plan that is ambitious enough to make India energy independent by 2047. In a statement issued by the Department of Energy, it was stated that attaining energy independence will create a favorable impact on the Indian economy, environment, and energy consumption. This step shall yield numerous benefits such as increasing India’s capacity to fulfill its net-zero commitment earlier than expected, reducing its fossil fuel import expenditure by 90 per cent yearly, or improving the country’s industrial competitiveness globally and including savings of consumers of USD 2.5 trillion by 2047.

Other Predictions by Pathways to Atmanirbhar Bharat

The study has envisioned that electric vehicles shall dominate the vehicle market by the year 2035. Surprisingly, its predictions are in line with the government’s target of attaining energy independence by adding more than 500 GW of non-fossil electricity generation capacity by 2030, and subsequently an 80 percent clean grid by 2040 as well as a 90 percent clean grid by 2047. The report also envisions renewable hydrogen and electrification to mostly replace heavy industrial output. 

The Berkeley Lab report suggests that the supply of lithium shall become localized by making use of recently discovered deposits, supporting the production of new electric vehicles and grid-scale battery storage systems (estimated at 2 million tonnesby 2040) entirely. 

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