Decoding ES Ranganathan Analysis: India's Oil and Energy Dynamics in 2024

Decoding ES Ranganathan Analysis: India's Oil and Energy Dynamics in 2024

Policies that support clean energy like solar and wind power are becoming more popular. This means we're moving away from using fossil fuels slowly. The government has big goals for renewable energy, showing they're serious about reducing carbon emissions and being more environmentally friendly.

According to ES Ranganathan, solar energy is growing fast because it's getting cheaper and the technology is getting better. Wind power projects, along with new ways to store energy, are also making a big impact. Ranganathan thinks that by 2024, renewable energy will play a big role in our energy sources, which will reduce our need for traditional fuels. He even thinks India could set a record by having 4 GW of rooftop solar power in 2024. But this will only happen if India can solve some problems with regulations and other challenges that are still around. Studies say that if these problems are fixed, India's rooftop solar market could grow a lot by 2024.

The move towards using renewable energy sources instead of fossil fuels is a big change for India's energy use. By 2024, using green hydrogen, which comes from renewable sources, will become really important, according to ES Ranganathan. There are new advancements in technology that make green hydrogen production more efficient and cheaper. These advancements are important because they make green hydrogen more practical for things like industry and transportation. This shift towards using green hydrogen shows a big change in how we use renewable energy and shows the potential of green hydrogen in making our energy use more sustainable.

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