India’s Energy Transition

Three forthcoming policy briefs in IISD’s India Energy Transition series will then separately explore, in depth, other related topics under the titles of The Impact of GST on the Cost of Solar vs Coal-based Electricity; Stranded Coal Power, Subsidies and the Just Transition; and Subsidies and the Costs of Compliance with Environmental Norms. [...] Despite this, subsidies to oil, gas and coal were more than triple the value of subsidies to renewables and electric vehicles in India in FY2017. [...] The scope of the analysis includes all energy subsidies in India, apart from subsidies to nuclear power and large hydropower, which were excluded due to lack of data. [...] All categories include subsidies along the entire value chain of production and consumption: for example, the O&G group includes upstream subsidies for refineries and downstream subsidies for retail consumers of oil and gas products. [...] At the other end, there is a need to cater to the increased penetration of appliances, transportation demand and overall growing aspirations of the population.