Phase IFoundation
Background
Overview
India is actively pursuing an energy transition, investing heavily in renewable energy while also managing its fossil fuel dependency. Understanding policy instruments (e.g., public energy companies, decarbonisation plans), the challenges of balancing energy security with climate commitments, and the role of geopolitical events (e.g., Ukraine war) in shaping energy policy is crucial for GS3 (Economy, Infrastructure, Environment).
Energy transition involves a systemic shift from fossil fuel-dependent energy systems to sustainable, low-carbon alternatives, driven by climate imperatives, energy security concerns, and technological innovation, requiring comprehensive policy frameworks, investments, and addressing socio-economic impacts.