"Our model shows that in India commercial & industrial customers can meet 70% of their hourly electricity demand with carbon-free electricity at a cost below that of annual renewable energy matching, while driving greater levels of decarbonisation and providing significant benefits to the electricity system."
Irfan Mohamed, South Asia Analyst.
TransitionZero
Model setup
2030
Year of analysis
8760
Time steps per year (hourly)
5%
Modelled CFE demand as proportion of national electricity demand
5
Grid regions & six domestic interconnectors
System snapshot
Key findings
CFE can bring benefits to both consumers and the wider system
ReportReport
70% CFE target
Targeting 70% CFE means additional clean electricity can be achieved at lower cost to C&I consumers compared to annual matching.
$1bn savings
Grid operators could save US $1 billion per year after 2030 under a 70% CFE scenario compared to annual matching, whilst reducing emissions by 2.4%.
90% VRE
Solar and batteries make up 90% of a successful CFE portfolio, with CFE encouraging diverse build-outs compared to annual matching.
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