Energy Transition

The vital area to minimise and mitigate climate change impact is to reduce, and eventually cease, our reliance on fossil fuel-based energy sources and shift our energy systems of production and consumption to renewable sources like wind and solar, as well as integrating energy storage systems. Impelled by appropriate structural changes to energy supply, demand, and prices, energy transition also aims to reduce greenhouse gas emissions through various forms of decarbonisation models.

The Government of India has set a target to reach the non-fossil fuel energy capacity of 500 GW by 2030. While this is being implemented in mission mode, some sectors like rural energy, food processing, and healthcare have not seen the same penetration as industrial sectors.

Through distributed renewable energy, CSP aims to demonstrate a portfolio of energy solutions for productive use of RE by rural communities and decarbonising the milk value chain. It is also working on decarbonising mobility in the island region of the Sundarbans (West Bengal). The intervention, currently being tested as a pilot, involves the installation of a retrofittable electric propulsion unit with a rechargeable lithium-ion battery pack on a boat traditionally plying on diesel engine.

CSP interventions under the energy transition pillar are designed not only to provide decarbonisation benefits but also to support livelihood activities of local communities.