Union Budget: Small nuclear reactors, solar rooftops for energy security - Energy Central
Union Budget: Small nuclear reactors, solar rooftops for energy security | Energy Central
click for more info News
Union Budget: Small nuclear reactors, solar rooftops for energy security
- Jul 24, 2024 4:44 am GMT
-
In her Budget speech, Sitharaman said nuclear energy is expected to form a significant part of the mix for Viksit Bharat or developed
Sitharaman said PM Surya Ghar Muft Bijli Yojana has been launched to install rooftop solar plants to enable 10 million households to get free electricity up to 300 units monthly. She added the scheme has generated a remarkable response with over 12.8 million registrations and 1.4 million applications. "...we will further encourage it."
Sitharaman said the development of indigenous technology for AUSC thermal power plants with much higher efficiency has been completed. "A joint venture between NTPC [
She said a roadmap for moving the "hard to abate" industries from "energy efficiency" targets to "emission targets" will be formulated.
Sitharaman announced financial assistance for Uttarakhand,
She announced the development of a taxonomy for climate finance to enhance the availability of capital for climate adaptation and mitigation. "This will support [the] achievement of the country's climate commitments and green transition."
International development consulting IPE Global's sector head (climate change and sustainability)
Mohanty called promises to mitigate flood risks through climate-resilient infrastructure development across flood hotspots such as
Mohanty said the Budget, however, lacks focus on improving the climate data and information infrastructure and making it more people-centric, especially when
The 2023-24
It added the integration of renewables, alongside exploring nuclear energy and biofuels, presents a path towards achieving these objectives. "This will also include a significant role for thermal power, especially coal-based power plants, in providing base-load to support large-scale deployment of renewables," said the survey, which is an overall review of the economy. Published by HT Digital Content Services with permission from Hindustan Times. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htdigital.in
Discussions
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.