Photographs: Luke MacGregor/Reuters
India has missed its power sector investment targets most years since 1951, with the consequence that its peak demand deficit is nearly 10 per cent (compared with the 10 per cent-20 per cent surplus typically maintained by mature energy economies). This in an economy where 40 per cent of the population is not connected to the grid, according to Ernst & Young.
Its been estimated that $400 billion of investment may be required in the Indian power sector in the next five years to provide improved grid infrastructure and an additional 76GW of capacity by 2017, according to India's new Five-Year Plan, it says.
Overlaid on this is a desire to have 15 per cent of its electricity (excluding large-scale hydro) from renewable sources by 2020, compared with a previous target of 6.4 per cent. This equates to an additional 30GW of renewables capacity in the next five years, compared with 23GW to date.
So, let's take a look at where India stands in renewable energy.
Source: Ernst & Young
...
Where does India rank in renewable energy globally?
Photographs: Carlos Barria/Reuters
China
All renewables: 70.2
Wind index: 77
Onshore wind: 78
Offshore wind: 70
Solar index: 64
Infrastructure: 75
Global rank: 1
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Where does India rank in renewable energy globally?
Photographs: Charles Platiau/Reuters
The United States
All renewables: 66.0
Wind index: 64
Onshore wind: 66
Offshore wind: 55
Solar index: 71
Infrastructure: 60
Global rank: 2
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Where does India rank in renewable energy globally?
Photographs: Tobias Schwarz/Reuters
Germany
All renewables: 66.0
Wind index: 69
Onshore wind: 66
Offshore wind: 80
Solar index: 61
Infrastructure: 73
Global rank: 3
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Where does India rank in renewable energy globally?
Photographs: Danish Siddiqui/Reuters
India
All renewables: 64.1
Wind index: 64
Onshore wind: 70
Offshore wind: 41
Solar index: 66
Infrastructure: 65
Global rank: 4
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Where does India rank in renewable energy globally?
Photographs: Olivia Harris/Reuters
The United Kingdom
All renewables: 55.3
Wind index: 64
Onshore wind: 60
Offshore wind: 79
Solar index: 41
Infrastructure: 65
Global rank: 5
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Where does India rank in renewable energy globally?
Photographs: Christian Hartmann/Reuters
France
All renewables: 55.2
Wind index: 57
Onshore wind: 58
Offshore wind: 53
Solar index: 52
Infrastructure: 55
Global rank: 6
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Where does India rank in renewable energy globally?
Photographs: Stefano Rellandini/Reuters
Italy
All renewables: 55.2
Wind index: 56
Onshore wind: 58
Offshore wind: 47
Solar index: 56
Infrastructure: 50
Global rank: 7
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Where does India rank in renewable energy globally?
Photographs: Christopher Pike/Reuters
Canada
All renewables: 53.4
Wind index: 63
Onshore wind: 66
Offshore wind: 46
Solar index: 40
Infrastructure: 66
Global rank: 8
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Where does India rank in renewable energy globally?
Photographs: Yuriko Nakao/Reuters
Japan
All renewables: 50.8
Wind index: 49
Onshore wind: 50
Offshore wind: 41
Solar index: 58
Infrastructure: 54
Global rank: 9
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Where does India rank in renewable energy globally?
Photographs: Bruno Domingos/Reuters
Brazil
All renewables: 50.2
Wind index: 52
Onshore wind: 55
Offshore wind: 40
Solar index: 47
Infrastructure: 51
Global rank: 10
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Where does India rank in renewable energy globally?
Photographs: Mick Tsikas/Reuters
Australia
All renewables: 50.1
Wind index: 49
Onshore wind: 52
Offshore wind: 38
Solar index: 53
Infrastructure: 48
Global rank: 11
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Where does India rank in renewable energy globally?
Photographs: Ints Kalnins/Reuters
Sweden
All renewables: 49.0
Wind index: 55
Onshore wind: 55
Offshore wind: 53
Solar index: 37
Infrastructure: 55
Global rank: 12
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Where does India rank in renewable energy globally?
Photographs: Bogdan Cristel/Reuters
Romania
All renewables: 47.7
Wind index: 53
Onshore wind: 56
Offshore wind: 39
Solar index: 40
Infrastructure: 46
Global rank: 13
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Where does India rank in renewable energy globally?
Photographs: Gustau Nacarino/Reuters
Spain
All renewables: 47.6
Wind index: 46
Onshore wind: 49
Offshore wind: 35
Solar index: 53
Infrastructure: 36
Global rank: 14
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Where does India rank in renewable energy globally?
Photographs: Peter Andrews/Reuters
Poland
All renewables: 47.4
Wind index: 54
Onshore wind: 57
Offshore wind: 44
Solar index: 38
Infrastructure: 48
Global rank: 15
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Where does India rank in renewable energy globally?
Photographs: Lee Jae-Won/Reuters
South Korea
All renewables: 46.6
Wind index: 47
Onshore wind: 46
Offshore wind: 53
Solar index: 48
Infrastructure: 45
Global rank: 16
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Where does India rank in renewable energy globally?
Photographs: Euroluftbild.de/Reuters
South Africa
All renewables: 45.9
Wind index: 50
Onshore wind: 53
Offshore wind: 37
Solar index: 43
Infrastructure: 51
Global rank: 17
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Where does India rank in renewable energy globally?
Photographs: Yannis Behrakis/Reuters
Greece
All renewables: 44.7
Wind index: 45
Onshore wind: 48
Offshore wind: 33
Solar index: 48
Infrastructure: 32
Global rank: 18
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Where does India rank in renewable energy globally?
Photographs: Sebastien Pirlet/Reuters
Belgium
All renewables: 44.6
Wind index: 51
Onshore wind: 49
Offshore wind: 58
Solar index: 37
Infrastructure: 51
Global rank: 19
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Where does India rank in renewable energy globally?
Photographs: Jose Manuel Ribeiro/Reuters
Portugal
All renewables: 44.3
Wind index: 46
Onshore wind: 48
Offshore wind: 35
Solar index: 46
Infrastructure: 38
Global rank: 20
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Where does India rank in renewable energy globally?
Photographs: Edgard Garrido/Reuters
Mexico
All renewables: 43.9
Wind index: 45
Onshore wind: 46
Offshore wind: 40
Solar index: 43
Infrastructure: 41
Global rank: 21
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Where does India rank in renewable energy globally?
Photographs: Teis Hald Jensen/Reuters
Denmark
All renewables: 43.0
Wind index: 47
Onshore wind: 45
Offshore wind: 58
Solar index: 35
Infrastructure: 53
Global rank: 22
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Where does India rank in renewable energy globally?
Photographs: Michael Kooren/Reuters
The Netherlands
All renewables: 42.7
Wind index: 48
Onshore wind: 49
Offshore wind: 47
Solar index: 36
Infrastructure: 41
Global rank: 23
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Where does India rank in renewable energy globally?
Photographs: Cathal McNaughton/Reuters
Ireland
All renewables: 42.2
Wind index: 52
Onshore wind: 52
Offshore wind: 51
Solar index: 26
Infrastructure: 48
Global rank: 24
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Where does India rank in renewable energy globally?
Photographs: Abderrahmane Mokhtari/Reuters
Morocco
All renewables: 41.8
Wind index: 40
Onshore wind: 43
Offshore wind: 26
Solar index: 48
Infrastructure: 42
Global rank: 25
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Where does India rank in renewable energy globally?
Photographs: Murad Sezer/Reuters
Turkey
All renewables: 41.1
Wind index: 43
Onshore wind: 45
Offshore wind: 33
Solar index: 40
Infrastructure: 38
Global rank: 26
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Where does India rank in renewable energy globally?
Photographs: Pichi Chuang/Reuters
Taiwan
All renewables: 40.5
Wind index: 43
Onshore wind: 44
Offshore wind: 38
Solar index: 38
Infrastructure: 43
Global rank: 27
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Where does India rank in renewable energy globally?
Photographs: Suzanne Plunkett/Reuters
Norway
All renewables: 40.1
Wind index: 48
Onshore wind: 48
Offshore wind: 45
Solar index: 26
Infrastructure: 51
Global rank: 28
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Where does India rank in renewable energy globally?
Photographs: Anatolii Stepanov/Reuters
Ukraine
All renewables: 39.8
Wind index: 39
Onshore wind: 41
Offshore wind: 27
Solar index: 40
Infrastructure: 41
Global rank: 29
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