"Clean energy technologies including advanced nuclear energy are essential to meet mid-century emission reductions goals," NIA Executive Director Judi Greenwald said.

Decarbonising the power sector will not be sufficient to achieving net-zero emissions. We also need to decarbonise the non-power sectors - transport, buildings and industry - which represent 60% of emissions from the energy sector today.

Hydropower accounts for 13% of India's total capacity, with 50 GW (2019). Over 93 GW of new hydropower projects are in various phases of development.

In addition, South African authorities intend to ease licensing requirements for new embedded generation projects, which could unlock up to 5,000 MW of additional capacity.

One of the key mitigation measures is development of adequate energy storage capacity in India.

This dramatic growth in renewable energy capacity reinforces the fact that India is witnessing an unprecedented energy transition to low-carbon development,

Budget 2021-22 is a mixed bag in terms of support for India’s transition to a sustainable, low carbon economy.

Based on assessments of energy venture capital deal flow, market analyses, and conversations with industry insiders, below are four indisputable utility sector trends -- regardless of whether the 2020 craziness repeats itself -- and the emerging, venture-backed technologies on the market to support the energy transition in 2021.

The decision to adopt nuclear power in South Africa was made as a result of sound strategic planning. It has turned out to have been a very good decision.

Combined, they accounted for or 22,451 megawatts (MW) or more than three-quarters (78.09%) of the 28,751 MW of new utility-scale capacity reported to have been added last year. Wind (13,626 MW) and solar (8,543 MW) each contributed more new generating capacity than did natural gas (6,259 MW).

The National Climate Task Force, which met for the first time yesterday, was established in an executive order on tackling the climate crisis signed by President Joe Biden during his first week in office.

China grid companies will steadily increase the amount of power purchased from clean generation sources from 28.2% in 2020 to 40% by 2030,

According to the Brazilian Association for Distributed Generation (ABGD), the DG segment will grow by over 50% during this year, closing 2021 with an installed capacity of more than 7GW.

"Amazon is on a path to run on 100% renewable energy by 2025 — five years ahead of our original target of 2030," Hurst said.

An expected gradual reduction in oil production of around 1-2% each year, including divestments and natural decline.