National Policy on Biofuels 2018

Anuja and Shreyas

Policy brief by

Energy Transition Theory

Transition as a socioeconomic process...

...and not just shifting source for energy consumption

Energy Transition?

Implicit vs Explicit transition

What does it say?

The Bio fuel policy

More inclined towards being implicit transition

Externalities

Positive Production Externality

Environmental Benefits:

Promotes renewable biofuels, reducing greenhouse gas emissions, air pollution, and mitigating climate change.

2. Rural Development:

Supports farmers by creating markets for non-edible feedstocks, incentivizing biofuels boosting rural income.

3. Waste Utilization:

Encourages the use of agricultural residues and waste materials.

Source: IPCC

Aims

Reducing dependency

Rural economy

Reducing emissions

Reducing Dependency

Reducing Emissions

Parameter	Value
CO2 Emissions Reduction	544 lakh metric tons
Foreign Exchange Savings	₹1,06,072 crore
Blending Achievement (2024)	15%

Data from EBP - Ethanol Blending Program

Source: Press Information Buraeu

Improving Rural Economy

How renewable energy initiatives can boost rural economic development.

Financial Incentives and Investments

Conclusion

Summarizing the importance of energy policy for a sustainable future.

Thank You

Appreciation for your attention and engagement on this critical topic.

Minimal

By Shreyas Dnyansagar Bhokare