The Decentralised Renewable Energy Market Is Dominated by India and Bangladesh

The world is increasingly working on reducing the dependency on conventional fuels and moving to cleaner greener energy. There were doubts about the feasibility of this shift from traditional fossil fuels to renewable energy, but the report backed by the UN states that this shift is very much realistic and feasible.

An international body report entitled “Decentralised Renewables: From Promise to Progress” suggests that five nations, including India and its neighbour Bangladesh, actually lead the world in solar home lighting systems. These two South Asian nations alone account for nearly 97 percent of the green energy market in the region. The other three are African countries of Tanzania, Kenya and Ethiopia, which account for 67% adoption in the sub-Saharan region.

The bodies that compiled this report are Bangladesh’s Infrastructure Development Company Ltd and Global Off-Grid Lighting Association. The title ‘decentralised’ actually means tapping the renewable energy locally as it reduces the losses that normally occur during transmission, thereby helping in lowering the carbon emissions.

A big world population still lives in dark ages, having no access to electricity and cooking on wood and most of the one billion population is concentrated in either South Asia or Sub-Saharan Africa. The report specifies that 244 million Indians still live without electricity, but then nearly 8.10 million households have started using pico-PV and solar home system, according to the figures of mid-2015.

India has set a very ambitious target of installing the renewable energy capacity for itself and if we take the national electricity plan that was released in 2016 at face value then India is well on the path of powering its 60% energy requirements through renewable energy by 2027. Also, it will be able to meet its target of 2,000 MW of decentralised renewable energy off-grid solar systems in 2022. India is right now working diligently on rooftop systems and portable lighting solutions, which all fall under decentralised renewable solutions.

The report further elaborates that in both Asian and African continents, the countries that have highest decentralised renewable energy market growth have adopted plans that are specific to universal energy access. India is committed to providing power to all by 2019, whereas both Ethiopia and Kenya are determined to provide 100% electrification by 2030.

The Global Tracking Framework report by International Energy Agency and the World Bank, however, says that if the world needs to meet the renewable energy goals by 2030 then it needs to accelerate the pace on all three fronts viz. renewable energy generation, access and efficiency.

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