India's energy shift: Renewables, EVs, and smart grids set to transform sector by 2025, ET EnergyWorld - News Summed Up

India's energy shift: Renewables, EVs, and smart grids set to transform sector by 2025, ET EnergyWorld


AdvtAdvtBy ,ETEnergyWorldJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETEnergyworld App Get Realtime updatesSave your favourite articles Scan to download AppNew Delhi: India’s energy sector is projected to see robust growth in renewable energy, smart grids, and electric vehicles by 2025, as the country targets 500 GW of green energy capacity by 2030, according to Capgemini’s latest report on industry trends. The report, titled “2025 Predictions – Energy Transition & Utilities Technology and Industry Trends in India,” highlights key areas where technology and policy shifts are expected to drive India’s energy transition over the next two years.“Solar and wind energy will continue to be the key pillars of this growth. Anticipated cost reductions in lithium-ion and alternative batteries are expected to make storage more viable. India will also focus on domestic battery manufacturing to reduce import dependence and support the growing electric vehicle (EV) sector.Digital transformation in India’s grid is also anticipated, with the integration of advanced metering infrastructure (AMI), artificial intelligence (AI), and machine learning (ML) for real-time monitoring and predictive maintenance.


Source: Economic Times November 14, 2024 09:04 UTC



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