Global Renewable Energy

Transition: Case study on Clean

Energy Development.
MAARIA LAKDAWALA, BBA.LLB, A017
 Table of contents
01 Intoduction 02 Literature Review

03 Research Objectives 04 Research Questions

Chapter 2- Trends Toward Clean

05 Research Methodology/ 06 Energy Development
Hypothesis
Chapter 3- Landscape of India’s Chapter 4- National Renewable
07 Energy Outlook: Consumption, 08 Energy Overview.
Production and Utilization of Fossil
Fuels.
09 Chapter 5- Suggestions
 Literature review
● Sanjay Kumar Kar. Renewable Energy Law and Policy Review (2015).
○ Highlights country's potential and progress in solar, wind, biomass,
and small hydro energy, alongside challenges and policy measures to
enhance renewable energy adoption.
● Mintz and Wallace. (2022). Strategic Importance of Fossil Fuels, energy
transition confronts east vs. west.
○ Importance and Role of Fossil Fuel and its international perspective.

● Alimpan Banerjee. (2016). Missing Piece of India’s Renewable Energy

Puzzle.
○ Emphasises the legislative structure and adoption of an Independent
Renewable Act.
 Research Objective
To understand and provide a balanced critique of the
global trends across the world for transition from
conventional fossil fuels to renewable energy and
impediments in transition on a global and domestic
platform.

To understand the landscape of fossil fuel consumption,

production, the role of taxation
in India’s Energy based on India’s current Energy Mix

Provide a comprehensive legislative and statistical data of the Nations

Renewable Energy Outlook and understand the latest schemes and
policy developed to thrust invest in the renewable energy sector and
escalate India’s ambition as clean energy economy
 Hypothesis

Hypothesis
India a possesses immense potential for renewable energy generation due
to its geographic location and abundant solar and wind resources. The
country's vast geographical landscapes make it an excellent candidate to
excel in solar and wind energy power houses. The Indian government has
implemented various policies and incentives to promote renewable
energy adoption, These policies will continue to evolve, creating a
favourable environment for investments in renewable energy
infrastructure, making renewable energy competitive with conventional
fossil fuels
 Research Methodology
● The doctrinal research methodology is used to complete this research paper which
includes gathering facts, identifying issues, analysing the issues in order to search for
the law, doing background reading and then locating primary material, synthesising
all of the issues in context, and reaching a tentative conclusion. The focus of this
research is to analyse the fossil and non-fossil fuel generation around the issue of
India’s clean energy development economy.
● Largely derived from secondary sources.
● Government Portals
● Press Information Of Bureau of India
● Newspaper- stories, transcripts of interview
● Research Articles- online publications, blog entries
● Internet Journals- JSTOR
 Chapter framework
2. Global Trend towards Renewable 4. National Renewable Energy Overview
Energy. 4.1 Energy Challenge: Centre v State
● Impediments 4.2 Overview of Proposed Act, 2015
● Conceptualization of
4.3. Statistical Overview
Renewable Energy
4.3.1. Source wise Breakup

3. Consumption, Production, Utilisation of

Fossil Fuels 4.4 Policy Framework in lieu of
Investment Advancement

3.1 Role of Fossil Fuel on Economy
3.1.1 Role of State-Owned Enterprises
3.1.2.Role of Production and Consumption
3.2Fossil Fuel Taxation under GST Regime
3.3 Earmarked Funding Mechanism
3.4 Academic Report
Hybrid Trajectory of Energy Consumption
 Hypothesis Analysis

• 4th globally in Renewable Energy Installed Capacity,

• 4th in Wind Power capacity,
• 5th in Solar Power capacity with potential to rise above the
projected estimates instrumental to this development directly or
indirectly is its geographical landscape proving the above
hypothesis to be partially correct.

India’s Position and continuance support of fossil fuel the

present policies and investment thrust although accelerates
India’s renewable energy at the current stance it cannot act as
a replacement for fossil fuels at competitive prices in India’s
energy Market.
In light of the above concern a survey of 225 participants aging between 18-60 on
implementation of the PM GHAR MUFF BILJLI YOGJA was conducted by the Author to
understand the willingness, awareness and the opinion of which renewable energy should be
given more push for household application.
 Suggestions

The legal framework would need to define the rights and

obligations of various stakeholders, including the government,
industries, and traders. It would also need to establish a
transparent and fair mechanism for the allocation of carbon
credits, taking into account factors such as historical emissions,
sectoral benchmarks, and growth projections
 ● The legal framework would also need to address
● Another important legal aspect would be
the establishment of a robust monitoring,
reporting, and verification (MRV) system
to ensure the accuracy and integrity of
emissions data. This would require the
development of legal provisions for the
accreditation of third-party verifiers, the
imposition of penalties for non-
compliance, and the resolution of disputes.
issues related to the fungibility and tradability of
carbon credits, both within India and internationally.
This would involve the development of legal
provisions for the recognition of carbon credits from
other jurisdictions, the establishment of linkages with
other carbon markets, and the prevention of double
counting. Furthermore, the legal framework would
need to ensure the protection of the rights of local
communities and indigenous peoples who may be
affected by the implementation of the carbon credit
trading system. This would require the development
of legal provisions for stakeholder consultation,
benefit-sharing, and grievance redressal.
THANKYOU
HAPPY TO TAKE ANY
FURTHER QUESTIONS TO
BETTER UNDERSTAND THE
RESEARCH PAPER