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More informationAccording to the Indian Ministry of New and Renewable Energy (MNRE), India is on track to reach 100 GW of installed solar capacity by 2022. A total of 23.1 GW of capacity were already installed in July 2018, 10 GW were under construction and tenders were issued for another 24.4 GW. The National Institute of Solar Energy estimates that India's solar power potential can reach 748 GW.
The Australian Energy Market Operator (AEMO) has unveiled the new Integrated System Plan for the National Electricity Market, which forecasts the likely changes that will be occurring over the next 20 years across the domestic power market. Despite the anticipated electrification of the transport sector over the next 20 years, electricity grid demand will flatten, due to the growth of solar rooftop PV installations and energy storage coupled with energy efficiency efforts.
According to Eurostat's report on the progress of the European Union (EU) in 2016 towards its 2020 targets, the EU has exceeded its target of reducing greenhouse gas (GHG) emissions by 20% by 2020 (-22.4% in 2016) compared with 1990 levels. The main driver behind this figure was the introduction of new policy instruments such as the EU ETS, which sets a single EU-wide cap for more than 11,000 stationary installations, including power plants.
According to a study by the Brazilian government, Brazil's ethanol production could double by 2030, as the RenovaBio programme approved in December 2017 mandates fuel distributors to gradually increase the volumes of biofuels sold each year.
