Anil_Chalamalasetty_New_India_New_Energy_The_India_Dialog_2024.pdf
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The document outlines India's critical role in global decarbonization efforts amidst rising climate change challenges, highlighting its ambitious targets for renewable energy capacity and carbon intensity reduction. It emphasizes the nation's potential to emerge as a green energy hub, leveraging its diverse resources and established industrial frameworks to support sustainable practices and technology. Furthermore, it discusses India's commitments to reducing carbon emissions through innovative energy solutions and strategic international collaborations.
Anil_Chalamalasetty_New_India_New_Energy_The_India_Dialog_2024.pdf
- 1. 1 Strictly Private and Confidential New India - New Energy New Global Energy Order March 2024
- 2. 2 Global Deep Decarbonization Scenario and India’s Key Role Global Warming at Alarming Levels: 1.5o to pre-industrial levels • Current decade is the hottest on record and predicted to have more intense heat waves in future • More severe thunderstorms and increased drought conditions • Meltdown of permafrost area of 2.5+ million sq. km leading to increase in Global mean sea level rise • Ocean acidification destroying 90% coral reefs ecosystems • Species extinction at a rate 1,000x greater than at any other time in recorded human history Electricity, Industry and Transportation – Key Emitters India: Major Force in Global Decarbonization Efforts Source: IPCC, UN Climate Action, World data, IEA Electricity 30% Industry 20% Transport 17% Other energy use cases 13% Agriculture 11% Forestry 6% Waste 3% Other energy use cases include residential heating, steam etc. China 26% USA 13% EU 10% India 7% Russia 6% Japan 3% Brazil 2% Others 33% Hon’ PM Modi’s vision of India as a decarbonization and renewable energy hub: • 500 GW non fossil energy capacity by 2030 and 50% energy • Reduce carbon intensity of economy by less than 45% • Green Hydrogen Mission with 5 MTPA H2 production • Global Bio-Fuel Alliance as part of G20 leadership • 20% bio-ethanol blended petrol to reduce emissions • India Railways setting net zero targets by 2030 – one of largest global transportation networks
- 3. 3 Global Seriousness to Action Climate Change Source: Press articles, Climate Impact - The Guardian, Jun 2021 - Financial Times, May 2021 ~70% of Fortune 500 companies committed to reduce their carbon footprint • Contributing to carbon neutral, 100% renewable and Net Zero targets between 2030 and 2050 • ~60% of these companies are EU based
- 4. 4 Global Energy Basket Dominated by Molecules (Oil & Gas) Building Heat & Cooking Transportation (Road, Aviation, Maritime and Rail) Industrial heat and feedstock Power 21% 25% 29% 17% 90%+ of Overall Energy Market(1) Has Been Unlocked for Deep Decarbonization vs 20% Electricity Market India Energy Market $150 – 200Bn Other Global Energy Market: $11 Trillion catered by Oil & Gas commodities Global Power Market: $2 Trillion Electricity Market Global Energy Market ~$13 Trillion (~10-15% of Global GDP) Note: 8-10% is difficult to decarbonize due to process-based use cases
- 5. 5 India: #Top 3 Global Energy, Electricity, H2 & Base Materials Market China US India Germany + France + UK Russia 3,447.6 MToe 2,097.1 MToe 764.3 MToe 680.0 MToe 675.9 MToe Key Energy Markets (MToe Oil Eq.) China US India Germany + France + UK Japan 6,500 TWh 3,800 TWh 1,300 TWh 1,267 TWh 950 TWh Key Electricity Markets (TWh) Steel Consumption (MTPA) China India US Japan Germany + France + UK 995 89 80 53 52 China US India Russia EU + UK 24 11 7 6 6 Hydrogen Consumption (MTPA) Source: IEA,IEF India Evolution as Global Green Hub will have Domestic and International Markets Opportunities
- 6. 6 Non-fossil Share in Overall India Electricity Mix expected to go up to 50%+ on capacity and 40%+ on energy mix Source: CEA (as per draft NEP 2022-32; under-approval) - 100 200 300 400 500 600 700 800 2022 2025 2027 2030 Installed Capacity, in GW Coal Flexible (Hydro+Gas) RE Others Estimated installed capacity, in GW RE Includes Solar and Wind; Others includes Small Hydro, Biomass, Nuclear 401 547 616 760 24% 53% 18% 42% 14% 39% 39% 13% 43% 33% 11% 51% 18% 10% 43% X% % of grid energy
- 7. 7 India: “One Nation - One Grid - One Frequency” Overview • Transmission Grid is part of National Electricity Policy (NEP) • One of World’s Largest and robust grids with an uptime of 99.5%+ at HV level • Supports generation capacity of ~350 GW and supports peak load of 200-225 GW • India has 33 SLDCs, five RLDCs and one NLDC • Central Grid in Synchronous mode and accomplishing the objective of “One Nation, One Grid, One Frequency.” • Grid frequency always remains within the 49.90-50.05 Hz (hertz) band • India was demarcated into 5 regional grids namely Northern, Eastern, Western, North Eastern and Southern regions • All 5 grids are interconnected now to become One Grid India Transmission Grid
- 8. 8 India Advantage for New Energy Economy Diversified Resource Base • Abundant Solar Irradiation – Tropical zone • 7,000 km coastline with Class-1 Wind generation sites • Glacial fed river and perennial rainfall offers substantial capacity for hydro development One Nation One Grid • One Nation, One Grid, One Frequency for smooth energy flows • 99%+ availability with deep geographical penetrated network Mature Industry and Regulations • Thriving developer ecosystem with sub-contractors and established supply chains • Strong policy support for renewable energy industry Established Local Supply Chains • Water electrolysis and associated Chlor-Alkali industry is 100-year-old mature technology • BoP constitutes >50%+ costing in H2 systems: India advantage with established and optimized local supply chains Delivery Infrastructure for International Markets • India has well - established logistics market • Major port infrastructure handling 700+ MMTPA of cargo volume in FY 20 handling all sorts of delivery cargo ships
- 9. 9 New Age Energy Solutions Enabling Shared Infrastructure Services New Capacity / Captive plant Planning O&M and HR Capacity Build-out Merit Order Dispatch & Cost Optimization Multiple Storage Assets Multiple party Scheduling complications Capital Lock-up Transition from Captive Energy Infrastructure Models Cloud Storage Shared Scalable Digital Services ✓ On-Demand delivery ✓ Flexible Scheduling ✓ Agile Control Systems ✓ Scalable Capacities ✓ Zero Upfront Cost ✓ Pay-as-you-go Pricing ✓ Scale Economics
- 10. 10 Energy Transition: New Global Energy Architecture UPSTREAM MIDSTREAM DOWNSTREAM Solar Wind Storage Assets & National Grid Connectivity Ammonia Synthesis and Crackers Water Electrolysis – Green H2 Production Methanol / MTO / SAF Synthesis Hydrogen / Energy Carrier Transportation Hydrocarbon fields Ammonia Synthesis Methanol Synthesis Steam Methane Reforming Non-Food Biomass RNG based Syngas / Ethanol production Carbon Capture from existing fossil and bio sources
- 11. 11 Technology Enabled Architecture for Green Molecule Generation: Addressing $11 Tn Global Energy Opportunity Energy Generation Energy Storage for RE- RTC Power Engineered Green Molecule Manufacturing Green Molecule Delivery for Industrial Markets Unique Technology Enabled Architectures enable Green Electron to Green Molecules Energy Storage Technologies can include: • Pumped Hydro Storage • Non-Li ion batteries • Flow Batteries Molecule synthesis Technologies include: • Electrolyzers (AEC, PEM, SOEC) • Carbon capture units • Molecule synthesis Reactors • Enabling Catalysts Delivery Technologies include: • Ammonia crackers • Storage (Compression / Liquefaction) • Organic Hydrides (LOHC)
- 12. 12 New Age Chemical and Material Supply Architecture Consumer Goods Packaging Transportation Construction Agriculture Pharmaceuticals End Use Products “Green Branded” High Value Chemicals (HVCs) Green Olefins (Molecules to Olefins) (Ethylene, Propylene) Green Aromatics (Molecules to Aromatics) (B,T,E,X compounds) Green Methanol Green Ammonia Green Chlorine, Caustic, Soda Ash Green Polymers / Intermediates plastics, synthetic rubber, synthetic fibers Green Agro Chemicals Fertilizers, pesticides, herbicides, fungicides Green Specialty Chemicals paints, dyes, pigments, additives, solvents AM Green Focus Areas Green Auto / Aero Chemicals SAF, emission control catalysts, lighter materials, adhesives Lowest Cost Carbon Free Energy Storage Assets Lowest Cost Green Hydrogen Input Access to Large Captured Carbon Sources Renewable Natural Gas - Bio based Carbon Sources Green Utilities • Green Industrial Zones, desal. water, Steam
- 13. 13 Global Energy Transition: Fastest Transition in a Decade Not So Long Ago… Current Energy ‘Transitioning’ World 24 / 7 Carbon Free Energy Industrial Decarbonization Long Duration Energy Storage Green Synthetic Fuels Green Electrons to Molecules Energy Web Applications Carbon Markets $150-200 / MWh Intermittent RE tariffs Grants / Sops for RE investments RPOs Coal is King Fastest Transition (within a Decade) Natural Gas for Life Clean Energy Cannot be Mainstream $40-50 / MWh Base load RE tariffs Once-in-a-century Opportunity for Businesses to Disrupt Energy Markets and Ecosystems…
- 14. 14 India Impact: Industrialization of New Energy Economy Potential Replacement in LNG Imports for Refineries: ~560 million MMBTU annually Substitute FDI Impact: New Energy Investments Import LNG Substitute Potential Replacement in LNG Imports for Fertilizers: ~540 million MMBTU annually Enabling USD 8 Bn Import LNG Substitute per annum Enabling USD 150 Bn Direct Investments in Upstream Renewable Energy Creation Distributed Across Rural Ecosystems Enabling USD 20 Bn in Manufacturing and New Technology Transfer Investments Potential for creating 1 Million High Skill and High Technology Jobs alongside major rural development
- 15. 15 Deep Decarbonization Case Studies: New Use Cases Green Polymers Facility • Carbon Free Energy for use in Petrochemicals facilities to produce Green polymers • Large scale polymer plants which were previously powered by captive consumption are all moving towards carbon free energy procurement Recycled Steel – Electric Arc Furnace • Steel players installing Electric Arc Furnaces (EAF) in north, south and west India that will use scrap as an environmentally friendly step • Powering of EAF units across will be through procurement of Carbon Free Energy enabling recycling and circular economy ecosystems in steel production Data Centers • Globally data centers consume ~3-5% of electricity and India will be leading the Asia growth of data centers supported by localized data regulations • Large expansion network opportunities to create large network centers for “Green Data” serving as domestic and global data flow hubs
- 16. 16 Key Global Energy Transition and Deep Decarbonization Themes Accelerating India Energy Transition Carbon Free Energy Electrification (Scope 2) Enabling Global Energy Transition and Net Zero Goals India Energy Export (Scope 2) Carbon Free Molecules / Chemicals Net Zero Products (Scope 1 & 3) A B C • India RE (Renewable Energy, Non-Fossil Energy) increasing from 20% in 2022 to 50% by 2030 of grid energy – India amongst Top 3 energy, electricity markets globally • Greenko portfolio with 10GW RE and 20GW RE Storage assets (7.5 GW operational now, 11 GW in 2024 and 25 GW by 2028) • Industrial decarbonization and enabling manufacturing of low carbon products for global exports from India • Integrated Energy Cloud Storage Platform of 50 GWh by 2025 and 100 GWh by 2028 to democratize cost effective RE storage solutions to RE generators and RE consumers • Signed First Energy Export deal to Europe and Singapore • AM Green innovation in packaging clean electrons as new-age energy transition molecules – green hydrogen in various derivatives including green ammonia • Unsubsidized Global low-cost Green Hydrogen at lower than $3 per kg and extending to e-fuels • India’s domestic H2 demand of ~7 MTPA, among Top 3 global markets - Potential to displace $25Bn LNG imports with green hydrogen • Chemicals and pharma industry emits ~6 Gt of CO2 eq contributing to 10% of global emissions - Higher than iron & steel and cement industries • 5 key high value chemicals contribute to ~60% of emissions • Producing ~ 20 key carbon free chemicals as building blocks of new-age zero emission chemical industry • Enabling green pharma API supply chains with paracetamol, metformin produced from green building blocks
- 17. 17 Greenko School of Sustainability at IIT Hyderabad: Focus on Technology Enabled Approach for New Global Energy Order Greenko Doctoral fellowships already started in Jul-23 Masters in Technology in Sustainable Engineering with graduation in Apr-25 Support to ~100 student entrepreneurs with mentorship, capital support under BUILD program Bachelors in Technology with Sustainable Engineering focus to be launched next year Research proposals with Govt. of India on key topics across green steel, green ammonia etc. Research collaborations across US and Germany in the fields of sustainability and transformative chemistry
- 18. Thank You!