India’s growth of energy demand in the building stock, and efforts to curb it, are placed into an international context by adapting the reporting criteria developed for the Global Alliance on Building & Construction's (GABC) Global Status Report (2017) on buildings and construction.
Building energy efficiency is an important strategy for reducing greenhouse gas emissions globally. In fact, 55 countries have included building energy efficiency in their Nationally Determined Contributions (NDCs) under the Paris Agreement.
Since the Paris Climate Agreement solidified an “all hands on deck” approach to climate change, cities, regions and businesses have become key contributors to mitigation, adaptation and finance efforts.
This report discusses electricity market design and regulation under high volumes of variable renewable energy sources (VRE) such as wind and solar power. It includes policy recommendations on how to reform current market and regulatory frameworks in order to accommodate high shares of VRE, in a timely, cost-effective and secure fashion.