Electricity being the key driver for rapid economic growth and poverty alleviation sets the target of providing access to all households.

"We can use renewable power to the maximum, and we will restart nuclear power, the safe one, as much as possible," Muto told reporters at his first media event as the minister for economy, trade and industry (METI).

The world’s biggest polluter can cut its carbon dioxide emissions by at least 30% by 2035 by continuing trends in the power sector and extending efforts in other industries

India plans to connect 35 GW of solar and wind energy capacity to its grid during the fiscal year 2024-2025,

The independent DEFRs do not require the availability of surplus renewable electricity. In fact, the independent DEFRs would not require the existence of intermittent renewable generation to support a reliable grid. They effectively render the renewable generators redundant; and, redundancy is expensive.

When you shackle the most cost effective and scalable source of energy, fossil fuels, and you subsidize unreliable solar and wind, that wouldn’t otherwise be competitive, energy necessarily becomes more expensive, less reliable and less secure. So again, it’s very simple.

Ultimately, an all-in-one Grid-Edge DERMS solution provides a lower-cost alternative to programs that are siloed, while also creating additional layers of complication for program managers and customers alike.

Inner Mongolia, which leads China in coal production this year, already has 88 gigawatts of wind and solar capacity, with another 170 gigawatts in the pipeline. That’s a combined total that would dwarf the power fleet of Germany.

At the end of 2023, solar and wind accounted for nearly 24% of installed capacity in India, with respectively 73 GW and 45 GW, while hydropower capacity reached 52 GW.

The nation added 25 gigawatts of turbines and panels in July, expanding total capacity to 1,206 gigawatts, according to a statement from the National Energy Administration on Friday. Xi set a goal in December 2020 for at least 1,200 gigawatts from the clean energy sources by 2030.