CRU explains how to understand India's complex carbon emissions problem
LONDON, Nov. 13, 2020 /PRNewswire/ -- India's coal-dependent power infrastructure gives the country a high-carbon intensity for metal production. CRU's Global Carbon Emissions Service will help to solve this complex power puzzle.
Data from CRU's Global Carbon Emissions Service shows the average intensity of CO2 emissions from Indian aluminium production is 48% higher than the global average. This is unsurprising as a significant proportion of India's power production is coal-based.
Indeed, India's environmental and developmental context is visible in the country's power mix. For example, hydropower, which globally reduces carbon emissions in aluminium production, is a power source which brings its own share of problems in India. And while India does not have a carbon tax as defined in the rest of the world, there are other ways in which India does tax carbon in coal.
Indian aluminium producers can reduce their emissions, but the approach may be very different to other parts of the world. In this Insight, CRU explores the challenges and seeks to answer some of the most pressing questions.
Indian power generation growth will be primarily coal-based
The growth in power generation in India is expected to be primarily driven by coal. While there is competition expected to come from renewables – particularly from solar and wind – the share of coal is expected to remain high. Though the share of power from coal is expected to reduce only to 59% by 2030 (compared to 70% in 2019), actual power production from coal is expected to increase from 1,166 TWhr in 2019 to 1,492 TWhr in 2030.
Read the full story: https://www.crugroup.com/knowledge-and-insights/insights/2020/cru-explains-how-to-understand-india-s-complex-carbon-emissions-problem/
Read more about CRU: http://bit.ly/About_CRU
About CRU
CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.
Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China.
CRU employs over 260 experts and has more than 10 offices around the world, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004.
When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of a commodity market. And you can engage with our experts directly, for the full picture and a personalised response.
CRU – big enough to deliver a high quality service, small enough to care about all of our customers.
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