Renewable energy made in India: navigating geopolitics in achieving sustainability

ABSTRACT

The energy sector is the source of around three-quarters of greenhouse gas emissions according to IEA, and the focus of SDG 7- Affordable and Clean Energy. Centred around this is this conceptual paper with the objective of first understanding the developments related to the renewable energy (RE) sector, with special reference to India especially in the context of the current geopolitical factors. Next, the paper also aims to analyse the implications of these developments for India and the world. The geopolitical conflicts in Ukraine have led to a setback in the global RE goals as compared to the targets especially in India. As the third largest energy consumer which is dependent on energy imports, India has been trying to meet its energy needs of the present while investing heavily in RE for a sustainable and energy secure future. Consequently, India is emerging as one of the top five RE players contributing majorly to global sustainability and energy security for its future while skilfully managing the current geopolitical crisis and the ensuing challenges.

KEYWORDS:

• Renewable energy
• sustainable development
• sustainable development goals
• geopolitics

Acknowledgment

The paper has been presented at ICSG Conference 2022. The current manuscript is a revised and improvised version of the paper as per the suggestions of Conference and journal reviewers. We thank the ICSG Conference 2022 organisers of Indian Institute of Management Bodhgaya.

Disclosure statement

No potential conflict of interest was reported by the author(s).

Additional information

Notes on contributors

Diljeet Kaur

Diljeet Kaur is a research scholar at School of Business, Galgotias University. She is an Associate Professor in University of Delhi. Her areas of interest are Marketing and E-commerce. Prior to academics she had varied experience in government audit and the corporate sector in developing computer-based IT courses for the US market. She is a member of Environment and Social Development Association (ESDA), Indian Commerce Association (ICA) and ISOL Global Foundation (ISOL-Integrating Spirituality and Organisational Leadership).

Mujibur Rehman

Dr. Mujibur Rahman (PhD in Management, MBA and B.Tech) is a professor in the marketing division of School of Business, Galgotias University. He has a rich experience of research and academics, teaching post graduate management students in various management institutes in Delhi NCR. He was also associated with Symbiosis Centre for Distance Learning as a corporate faculty and conducted lectures in leading companies including Dr Reddy’s Lab and Hindalco. His areas of interest are digital marketing, technology management and CRM.