May saw a dramatic shift in India’s energy landscape. Coal-fired power generation plummeted by a staggering 9.5%, marking the steepest decline in five years. This significant drop is attributed to a combination of factors: lower-than-expected electricity demand and a remarkable surge in renewable energy production.
The overall electricity generation for the month experienced a 5.3% decrease. However, this dip is overshadowed by the impressive 17.2% growth in renewable energy sources, reaching a record high. This impressive performance highlights the increasing dominance of cleaner energy sources within India’s power mix.
The impact extends beyond India’s borders. The reduced reliance on coal has implications for global fuel prices, signifying a potential shift away from fossil fuels. The trend is further reinforced by a concurrent sharp decrease in natural gas-based electricity generation.
This development paints a compelling picture of a rapidly changing energy sector in India, with renewable energy playing an increasingly vital role. The future of India’s power grid appears to be increasingly green.
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