From Fossil Foundations to Firm Futures: India’s path to reliable clean power

India is entering an important decade for its energy transition. As electricity demand rises and delivering on climate commitments becomes increasingly urgent, how can India ensure round-the-clock, reliable power?

This question matters not only for meeting climate goals, but also for securing affordable electricity, reducing import dependence, and building a resilient power system for a fast-growing economy.

In this context, firm and dispatchable renewable energy (FDRE) is emerging as a promising solution. FDRE combines solar, wind, and battery installations to supply electricity on demand, similar to how coal plants operate. FDRE can deliver reliable, 24/7 power, making it a key contender to replace future coal capacity additions.

A new report from the International Institute for Sustainable Development, Center for Study of Science, Technology and Policy, and KnowlEdge Srl analyzes India’s evolving power market to assess:

• how the cost of FDRE compares with a benchmark coal price,
• public financial support, tender design challenges, or policy reforms needed to accelerate FDRE deployment, and
• policy reforms and market implications needed to accelerate FDRE deployment through 2050.

To unpack these findings, a webinar is being convened with experts from government, industry, and civil society. This discussion will offer the first public look at the report’s insights and explore what kinds of future government support measures may be required for India to meet its clean energy and energy security goals. 

The discussion aims to bring together diverse voices to understand the trade-offs, look at what the power system really needs, and identify what India should prioritize, both now and in the future, as it scales up clean energy.

The conversation will also explore whether early experiences from FDRE tenders reflect real market conditions—and whether India may benefit from alternative approaches as its energy markets continue to grow and evolve.