As President Donald Trump pressures world leaders to abandon the energy transition in favor of a U.S.-led fossil fuel resurgence, the status of India’s gas-fired power plants helps explain why his pitch isn’t getting much traction.
Half of that fleet in India is sitting idle. Although electricity demand is exploding, and the plants are designed to run for decades into the future, Indian officials have turned away from them. Their calculation: that renewable energy provides a cheaper and more reliable alternative.
“And you don’t have to depend on overseas nations for fuel,” said Sumant Sinha, CEO of ReNew, one of India’s largest renewable energy companies.
Last week, the International Energy Agency (IEA) nearly halved its forecast of renewable energy growth in the United States, citing t