• UGI USER
  • May 04, 2024
  • 5 Likes
  • 0 Comments

FOSSIL FUEL UP 2.44%, NON-FOSSIL UP 10.8% IN FY24

Why in the news?

Rise in fossil fuel and non-fossil energy capacities, with notable growth in nuclear power, highlighted in FY24 data.

About Fossil Fuel Capacity Growth:

  • Fossil fuel-based power generation capacity in India increased by 2.44% in FY24.
  • The capacity rose from 237.27 GW in March 2023 to 243.22 GW in FY24, as per official data.
  • Non-fossil fuel-based capacity, primarily from renewable energy sources, grew by 10.8%.
  • Addition of non-fossil fuel capacity reached 190.57 GW in FY24, up from 172.01 GW in the previous fiscal year.
  • This marks a significant year-on-year rise of 20.6% in nuclear power capacity addition.
source:themirror
What is Fossil fuels?

●   Definition: Fossil fuels encompass non-renewable energy sources like coal, natural gas, crude oil, and derived products.

●   Origin: Formed from ancient plants and animals over millions of years, they can also be produced industrially.

●   Usage and Impact: Fossil fuels have long satisfied human energy needs, but their combustion releases carbon into the atmosphere, contributing to greenhouse gas emissions.

What are non-fossil fuels?

●   Hydroelectric: Generated from water flow.

●   Geothermal: Derived from heat within the Earth.

●   Solar: Captured from sunlight.

●   Wind: Harvested from wind power.

● Biomass: Produced from organic materials.