RENEWCONNECT - All about renewables & power sector

Summary of the Article: Mandating a global emissions trading system (ETS) would synchronize carbon prices, accelerate least‑cost abatement, and unlock capital flows from high‑emitting to low‑cost mitigation regions. Yet success would hinge on credible caps, robust MRV (monitoring, reporting, verification), market integrity , and equity mechanisms for developing economies. Existing blueprints— EU ETS , China’s expanding ETS , Article 6 under the Paris Agreement, and sectoral mechanisms like CORSIA —show feasibility and pitfalls. For India, compulsion would intersect with the Carbon Credit Trading Scheme (CCTS) and EU CBAM exposure , demanding rapid alignment of baselines, registry, and verification, plus targeted industrial decarbonization (steel, aluminum, cement). Immediate priorities: harden data and governance, ring‑fence revenues for transition, and negotiate Article 6 rules that recognize domestic intensity‑based pathways . [climate.ec.europa.eu] , [icapcarbonaction.com] , [u...

list of major annual awards in India across power, energy, renewable energy, sustainability, climate change, green innovation, and related domains , based entirely on verified sources. 🔥 1. IPPAI Power Awards Recognizes excellence across the power generation, transmission, distribution, regulatory, renewable, and innovation segments . Includes awards for thermal, hydro, solar, wind, DISCOM performance, SLDC, SERC reforms, green hydrogen, battery storage, smart grids, EV promotion, and more. [rpr.ippai.org] ☀️ 2. Mercom India Renewable Energy Awards Part of the Mercom India Renewables Summit; honors top contributors in solar, wind, floating solar, hybrid, energy storage, rooftop solar, engineered solutions, and financial/strategic deals . Categories include Best Large-Scale Solar Project , Best C&I Project , Best Wind Project , Best Floating Solar Project , Best Innovation – Product , and more. [mercomindia.com] , [businessne...isweek.com] 🌱 3. Renewable Energy India (REI) Award...

Summary of the Article: Recognising energy as a basic human right would reframe access to reliable, affordable, clean energy as an enforceable entitlement rather than a policy aspiration. It would: (1) hard‑wire a minimum service guarantee (lifeline electricity and clean cooking) into law; (2) compel non‑discriminatory, quality supply with redress; (3) mobilise public finance and blended capital at scale; and (4) anchor transition policies (rooftop, storage, EV charging, green hydrogen) in equity and just‑transition principles. The move would build on the UN’s SDG 7 (energy for all) and the UN General Assembly’s 2022 recognition of the right to a clean, healthy, and sustainable environment —creating a powerful rights‑based pathway from “access” to “adequate, clean and reliable” energy. [sdgs.un.org] , [news.un.org] 1) Why a rights framing changes the game From target to entitlement. SDG 7 already commits nations to “affordable, reliable, sustainable and modern energy for all” ...

Summary of the Article: Redirecting all energy subsidies from fossil fuels to renewables would catalyse a step‑change in deployment, innovation, and air‑quality/health gains , while improving fiscal efficiency if paired with targeted social protection. Global evidence shows current support is still skewed: fossil fuel consumer support remained ~$620 billion in 2023 (after a >$1 trillion spike in 2022) versus roughly $70 billion for consumer‑facing clean energy measures, and broader “support” to fossil fuels across instruments exceeded $0.9–1.0 trillion in 2024 in fiscal costs alone. When “implicit” under‑pricing of externalities is included, total fossil subsidies were ~$7 trillion in 2022 (7.1% of global GDP) ; full price reform would cut CO₂ 43% below baseline by 2030 , raise public revenues 3.6% of global GDP , and avert ~1.6 million air‑pollution deaths annually—headroom that a renewables‑first subsidy regime could redeploy. [iea.org] , [oecd.org] [imf.org] , [imf.org] Fo...