India wants energy transition on its own terms — without phasing out coal and with more grants
India is unlikely to sign a deal with richer nations this year for a just energy transition, as international funding rests on India committing to a timeline to phase out coal, an "unviable" proposition for the country, energy analysts said. "The JETP as it currently stands may not be the best model or framework for India given that the country will see an increase in energy demand and possible increase in coal capacity," she said. India's mixed signals, analysts say, indicate the country will phase out coal only when it is sure the transition won't cause power disruptions, with renewable energy storage capacity currently still weak and expensive. A JETP that focuses only on reducing coal would be looking at India's energy transition too "narrowly", glossing over the growing aspirations of Indians, analysts say.
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