India’s energy transition: stranded coal power assets, workers and energy subsidies
This issue brief takes a detailed look at why such a large share of coal power is struggling today and the drivers—including subsidies—that may cause similar crises to rear their heads in future. In light of this, it sets out some broad proposals from international literature on the topic of “just transition,” which encourages governments to recognize stranded workers and communities as much as stranded private or public assets. It builds on an analysis of the relationship between subsidies and coal power assets published by the GSI and the Overseas Development Institute in mid-2018, India’s Stranded Assets: How Government Interventions Are Propping Up Coal Power.
