PPT on one sun one world one grid (OSOWOG) Political & economical Aspect.

1. SEMINAR
ONE SUN ONE WORLD ONE
GRID
ON

2. “ONE SUN- ONE WORLD- ONE GRID”
INDIA’S TRANSFORMATIVE INITIATIVE FOR
SUSTAINABLE DEVELOPMENT.

3. What is Sustainable Development?
In easy words, sustainable development is
the development of society in such a manner
that-meets the needs of the present and
won’t compromise the ability of future
generations to meet their own needs.

4. GOVT. AIMING RENEWABLE SOURCES
The GoI is aiming to achieve 227 GW of renewable
energy capacity by 2022, much ahead of its target
175 GW as per the Paris Agreement.

5. Developing clean, renewable energy is crucial for India as
well as the planet.
The government has pledged that 40 percent of India’s
installed electricity capacity will come from renewable
sources by 2030 as a part of its Nationally Determined
Contribution (NDC) to the Paris Agreement.
IMPORTANCE &GLOBAL FUNDING FOR
RENEWABLE

6. Solar power is crucial to achieving this and, with support
from the World Bank, the government is making great
strides to develop it.
In collaboration, IFC has devised an innovative approach to
attracting investors, which serves as a model for profitable
solar generation.
IMPORTANCE &GLOBAL FUNDING FOR
RENEWABLE

7. Highlights of World Bank Group Support
The World Bank is providing $100 million in concessional
finance to boost solar energy in India.
This consists of $75 million in loans from IBRD and $25
million from the Clean Technology Fund (CTF), of which
$23 million is provided in loans and $2 million in technical
assistance grants.

8. IFC’s Transaction Advisory team facilitated around $575
million in private investment by helping with project
structuring and to negotiate with international investors.
It also provided a loan of $128 million to solar developers
and helped mobilize about $309 million from other lenders.
Highlights of World Bank Group Support

9. ABOUT THE SCHEME
The OSOWOG project envisages an inter-
connected power transmission grid across
nations for the supply of clean energy.

10. This ambition puts India alongside other major powers and
their super-grid projects.
The vast continuous stretch of the Eurasian landmass is
home to three separate continent-sized projects, China’s
Global Energy Interconnection project, Europe’s gold-
standard power pools and now India’s.
They sit alongside smaller regional structures such as the
Southeast Asian pool.

11. ISA- INTERNATIONAL SOLAR ALLIANCE
HEADQUARTERED IN GURUGRAM, INDIA.
ISA’s vision is a world powered by the Sun.
A solar revolution that encompasses energy usage in the
arena of health, agriculture, education, industry, trade,
business and all areas of livelihood and empowerment in
a world with energy security for all and energy poverty for
none.

12. ISA, AT PRESENT, IS WORKING ON THE FOLLOWING SIX
PROGAMMES

13. RENEWABLE POTENTIAL FOR
POWER GENERATION IN INDIA

14. Figure 1: Capacity factor for Solar PV

15. Figure 2: Regional Energy Potential in India

16. INDIA’S RENEWABLE GOAL:
PROGNOSTICATION AT THE ‘ISA ASSEMBLY’
US special Presidential Envoy for Climate, John Kerry, said
India’s goal of reaching 450 GW of renewable energy by
2030 is doable as it has already crossed the 100GW mark.
He further said, “What India has demonstrated with its low-
cost solar auctions and build out of the transmission grids
and massive solar parts program and other innovative
policy tools can be replicated all over the world’’.

17. Year wise achievement of Grid connected Solar
power Project:
SI. No Year Capacity added during F.Y. (MW) Cumulative capacity (MW)
1 Upto 2010 8.54 11.35
2 2010-11 24.58 35.93
3 2011-12 896.37 932.30
4 1012-13 752.16 1684.46
5 2013-14 947.46 2631.93
6 2014-15 1112.07 3743.97
7 2015-16 3018.88 6762.87
8 2016-17 5525.98 12288.85
9 2017-18 9362.63 21651.48
10 2018-19 6529.20 28180.68

18. ESTIMATED POTENTIAL OF RENEWABLE POWER
IN INDIA AS ON 31.03.2021
MW
MW
MW
MW
MW
MW
Figure 3: Estimated Potential of renewable power in
India as on 31.03.2021

19. ESTIMATED POTENTIAL OF RENEWABLE POWER
(STATEWISE) IN INDIA AS ON 31.03.2021
Figure 4: Estimated Potential of Renewable Power
(state-wise) in India as on 31.03.2021

20. PROGESS IN INSTALLED SOLAR PV IN A DECADE
(AS ON 31 MARCH)
Figure 5: Including both ground and roof mounted plants, the country's installed solar
power capacity was 39,083 MW as of 31 March 2021.

21. ANNUAL SOLAR POWER GENERATION
Figure 6: Solar electricity generation from April 2020 to March 2021 was 60.40TWh, or 4.34%
of total generation (1,391 TWh).

22. SOLAR POWER
DEVELOPMENT:
A GLOBAL OVERVIEW

23. Renewable energy had another record-breaking
year in 2019, as installed power capacity grew
more than 200 GW (mostly solar PV) – its highest
increase ever.
Globally, 32 countries had at least 10 GW of
renewable power capacity in 2019, up from only 19
countries a decade earlier.

24. TOP 8 COUNTRIES AND TOTAL INSTALLED
CAPACITY ( AS ON 2021) IN GW
Figure 6:

27. DEMAND FOR RENEWABLE AT
THE
G-7 CONFERENCE
G7 members are well placed to fully decarbonize
their electricity supply by 2035, which would
accelerate the technological advances and
infrastructure rollouts needed to lead global energy
markets towards net-zero emissions by 2050-IEA

29. STUMBLING BLOCKS WHICH COULD HINDER
THE IMPLEMENTATION OF ‘OSOWOG’
AND SOME POSSIBLE SOLUTIONS

30. 1. Co-ordination and financing.
The first challenge is to coordinate such a huge project,
and to obtain financing based on economic viability,
especially when the underlying technologies are changing
rapidly.
Would those countries innovating such technologies share
them or regard them as their competitive advantage over
others?
Past experience is not encouraging, especially in this
current uncertain global economic and trading environment.

31. 2. Fear of economic viability of existing fossil
fuel power plants.
The second challenge is that in pursuing OSOWOG goals,
economic viability of existing fossil fuel, thermal, coal and
other power plants however need to be addressed.
This is especially true in India where many generating,
distribution, and transmission companies are facing poor
financial health for political, regulatory and other reasons.

32. There are already indications that some states in
India are not advancing towards renewable
technology as rapidly as feasible for the fear of
their energy companies losing customers who are
currently paying higher prices.
But lower prices of power are a significant
competitive factor and constructive competition
among the states can help mitigate this tendency.

33. 3. Skill- deficit population
Third, the OSOWOG goals involve implementing many
projects successfully.
The ISA could consider special programs to develop project
management skills in India and other countries with current
skill-deficit in this area, but with good potential to reduce
demand-supply gap.

34. 4. Internet of things
The fourth challenge is that the existing energy
companies will need to be significantly restructured to be
consistent with the Third Industrial revolution of Internet-
of-Things.
This will require leadership and national goal setting
among several big companies.
Germany, for example, has set a target of generating 65%
of its power from renewable sources by 2030, from the
current 40% and has promised to transform its electricity
supply to 100% renewable energy by 2050.

35. According to the German Advisory Council on the
Environment, the conversion of the electricity supply
system towards the use of 100% renewable energies by
2050 is possible; these technologies include renewable
energy such as wind, solar, biomass and geothermal
energy, nuclear power, and fossil fuel power generation
using carbon capture and storage technology .
Germany thus has to be a key technology partner in
pursuing OSOWOG goals.

36. 5. Development Challenge
India is the world’s third-largest emitter of CO2 and is also
home to 13 of the world’s 20 most polluted cities. Demand
for power is rising too—about 250 million people (a quarter
of the population) lack access to grid electricity.
Under the Paris Agreement, India has committed to
producing 40 percent of its electricity from renewable
sources by 2030. This will cost an estimated $150
billion—much of which is anticipated to come from private
investors and is contingent on simplifying the energy sector’s
regulations and improving transmission infrastructure.

37. Maximizing Finance & Dvpt. Approach
Responding to the government’s request to help scale up
renewable energy, the World Bank and IFC jointly supported
developing solar power. This includes fostering innovative
public-private partnerships, helping manage risk, and
working to attract investors.
As a result, the cost of producing solar energy has fallen
substantially, spurring private investment and reducing
tariffs for the end user.

38. Setting Up the Enabling Environment
In 2010, India committed to establishing 100 gigawatts
(GW) of solar power capacity by 2022. But by 2015, only
about 2 GW had been added, bringing the total solar
capacity to less than 4 GW.
Although solar plants can be profitable, investors had been
discouraged by inadequate infrastructure, difficulty in
obtaining land, a lack of familiarity with the sector, and
perceived risks.

39. 6. CHINA’S GEIDCO
The leading edge of China’s efforts, called GEIDCO, is a
visible face in international climate change forums and has,
in recent years, been active in offering power deals to
several countries across the world, including Bangladesh
in 2017.
OSOWOG will have to find ways of engaging with Chinese
ambitions in a constructive manner rather than in a zero-
sum way.

40. 7. TRUST AMONG MEMBER NATIONS
This project’s success hinges on trust, not just
transmission lines, between grid participants.
Interconnected grids give countries the power to bring
other economies to a grinding halt; this is the single
biggest hurdle to integration.

41. To get around this, power pools across the world, most notably those
in Europe such as Nordpool, have tried to build independent
supranational institutions to take decisions about how the grid should
be run and conflicts settled.
These are rule-based organizations that are, technically at least,
insulated from the day-to-day politics of their constituent countries. It
assures that a small country with scarcely any leverage over a large
neighbor can partake in the benefits of a large, renewable-powered
grid. Institution building is, thus, key to fulfilling the ambitions of a
multi-country grid project.
The renewable energy minister’s recent observation that “it is only a
question of transmission” belies the hard diplomatic and institutional
work required of the government.

42. From 2015, the World Bank began supporting the
government’s efforts to address these constraints by
providing $100 million in concessional finance: a $75
million IBRD loan, a $23 million loan from the Clean
Technology Fund (CTF), and a $2 million technical
assistance grant from the CTF—a World Bank-administered
fund for supporting low-carbon technology in developing
countries

43. REWA SOLAR PARK PROJECT: A SMALL YET
HUGE INITIATIVE TOWARDS SOLAR
Since 2015, IFC and the World Bank have coordinated their
efforts closely and played a crucial role in attracting private
investors to the solar industry and delivering the power at
competitive prices.
IFC’s innovative approach was to make the Rewa Solar
Park project “investment-ready” prior to auctioning its
construction to developers.

44. REWA SOLAR PARK PROJECT: A SMALL YET
HUGE INITIATIVE TOWARDS SOLAR
The objective was to demonstrate that large-scale
solar projects can be implemented in a time-bound
manner and attract commercial finance by
systematically addressing risks.

45. MAKING A REMARKABLE DIFFERENCE
The Rewa Solar Park established a record, low tariff for
renewable energy—less than 5 cents per kilowatt hour.
Competitive with power produced from non-renewable
sources, the tariff has made new investments in coal
plants far less attractive.
This could not have been achieved without the efforts of
IFC to create a bankable project for domestic and
international investors, and support from the World Bank to
make land and infrastructure available in a timely manner.

46. MAKING A REMARKABLE DIFFERENCE
Of the $100 million the World Bank is investing in
establishing solar parks in India, $18 million was dedicated
to infrastructure for Rewa, which leveraged almost 32
times that amount in commercial investment ($575 million)
.

47. MAKING A REMARKABLE DIFFERENCE
Rewa will supply 60 percent of Delhi Metro’s daytime
energy needs, reducing the carbon footprint of moving 3
million people each day and saving about a million tons of
CO2 emissions per year.
With full commissioning targeted for early-2022, 750
megawatts of renewable energy capacity will be added to
India’s grid.

48. LATEST FUNDINGS FOR THE ELEVATION OF
OSOWOG WITHIN A DESIRED PERIOD OF TIME
International Solar Alliance and Bloomberg
Philanthropies sign pact to mobilize $1 trillion
solar funding.
By speeding up investment in solar power, the
partnership will help to curb the carbon
emissions that are heating the planet – while
also spurring economic growth.

49. INDIA’S STEPS
Energy companies in India are taking tentative steps to
redefine their operations. In early July 2020, it was reported
that Coal India and NCL (National Chemical Laboratory) are
planning to develop solar power assets worth 3000 MW,
with a project cost of INR 120 billion. (USD 1.6 Billion).

50. RECENT ESCALATION IN RENEWABLE
COMPARED TO COAL POWER PLANTS
India's coal-fired electricity generation so far this month fell
1.5% from year earlier, while power output
from renewable energy jumped 53.6%, a Reuters analysis of
government data showed.

51. •
•
•
India has embarked on initiatives to locate 21st century
relevant multi-country organizations in India, and to play a pro-
active role.
ISA, OSOWOG, and the World Solar Bank are complementary
to each other.
Germany’s leadership in renewable energy could hold
lessons in implementing OSOWOG goals.
The challenges in pursuing OSOWOG goals, briefly
enumerated in the column, however should be addressed.
CONCLUDING REMARKS

52. •
•
India’s first stop in this latest experiment is a series of grid
connections between India, West Asia and Southeast Asia.
With small quantities of electricity, such lines could operate
without institutional scaffolding.
CONCLUDING REMARKS

53. •
•
The first step should be to create a transparent institutional
model that is attractive to prospective participants on the
long road ahead. India already has the rudiments of such a
system in its well-governed and growing power exchanges.
Recent experiences, and successful global models, deliver a
clear message: power pools cannot be built without an
institutional architecture other countries trust.
CONCLUDING REMARKS

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