Unleashing the Potential of Renewable Energy in India.
Title:
Unleashing the Potential of Renewable Energy in India.
Author:
Sargsyan, Gevorg.
ISBN:
9780821387900
Personal Author:
Physical Description:
1 online resource (60 pages)
Series:
World Bank Studies
Contents:
Contents -- Acknowledgments -- Acronyms and Abbreviations -- Executive Summary -- 1. Why: Role of Renewable Energy in India -- Contribution to India's Energy Future -- Strong Momentum behind Development of Renewable Energy -- India's Ambitious Targets for Renewable Energy Development -- 2. How Much: Economic and Financial Potential of Renewable Energy -- Economic Viability of Renewable Energy Generation -- Viability of Renewable Energy Generation from the Perspective of the Utility and Developer -- 3. What: Establishment of an Enabling Environment for Renewable Energy Development -- The Current Operating Environment -- The Proposed Operating Environment -- The Failure of Current Processes -- What Can Be Done? -- Challenges and Opportunities -- Boxes -- Box 2.1. Creating a renewable energy project database -- Box 2.2. Coal and gas shortages in India -- Box 2.3. Definition of economic cost and benefit -- Box 2.4. Definition of financial cost and benefit -- Box 3.1. Stages of introduction and use of policy instruments -- Box 3.2. Attractiveness of renewable energy projects for developers -- Figures -- Figure 1. Additions to renewable energy capacity, 1993/94-2009/10 -- Figure 2. Economic competitiveness of wind, biomass, and small hydropower -- Figure 1.1. Annual average and peak power deficits, 2005/06-2008/09 -- Figure 1.2. Potential and installed renewable energy capacity, by type -- Figure 1.3. Actual (2007-08) and projected (2031-32) installed grid capacity, by type of energy -- Figure 1.4. Additions to renewable energy capacity, 1993/94-2009/10 -- Figure 1.5. Potential capacity, installed capacity, and cost of generation of renewable energy sources, by state as of fiscal year 2009-2010 -- Figure 1.6. Cost and use of renewable energy potential -- Figure 2.1. Avoided cost of coal-based generation.
Figure 2.2. Economic cost of generating power using renewable energy, by state (Rs/kWh) -- Figure 2.3. Economic competitiveness of wind, biomass, and small hydropower -- Figure 2.4. Short-term traded cost of electricity, 2007-09 -- Figure 2.5. Financial cost of renewable energy from the utility's perspective, by state -- Figure 2.6. Gap between cost and tariffs of renewable energy, by state and energy source -- Figure 3.1. Key legislation and increases in renewable energy capacity, 1993/94-2009/10 -- Figure 3.2. Project allocation and development cycle of small hydropower project in Himachal Pradesh -- Tables -- Table 1. Renewable energy barriers and suggested solutions -- Table 2.1. Resources required to achieve 40 GW of renewable energy -- Table 3.1. Status of renewable purchase obligations, by state (2008-09) -- Table 3.2. Roles of state and central government agencies in policy development, regulation, and promotion of renewable energy -- Table 3.3. Renewable energy barriers and suggested solutions.
Abstract:
India has 150GW of renewable energy potential, about half in the form of small hydropower, biomass, and wind and half in solar, cogeneration, and waste-to-energy. Developing renewable energy can help India increase its energy security, reduce the adverse impacts on the local environment, lower its carbon intensity, contribute to more balanced regional development, and realize its aspirations for leadership in high-technology industries. This study aims to answers critical questions on why renewable energy development is relevant in Indian context, on how much development is economically feasible, and on what needs to be done to realize the potential. The Report is based on data from nearly 180 wind, biomass, and small hydropower projects in 20 states, as well as information from the Ministry of New and Renewable Energy (MNRE) and the Central Electricity Regulatory Commission (CERC).The Report suggests that about 3GW of renewable energy ? all from small hydropower is conomically feasible, when the avoided cost of coal-based generation of Rs 3.08/kWh is considered. About 59GW of renewable energy in wind, biomass, and small hydropower is available at less than Rs 5/kWh. The entire cumulative capacity of 68GW in these three technologies can be harnessed at less than Rs 6/kWh. About 62GW?90 percent of cumulative renewable capacity in wind, biomass, and small hydropower?is economically feasible when the environmental premiums on coal are brought into consideration. Realizing the need to bridge this gap, the government has set an ambitious target of installing at least 40GW of additional capacity of renewables in the next 10 years. India has made tremendous strides in establishing overarching policy framework and institutions to bring renewable in the mainstream of energy mix, but significant financial, infrastructure and regulatory barriers to
renewable energy development remain which the report sheds light on and suggests possible solutions.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
Genre:
Electronic Access:
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