Renewable Energy
Renewable Energy
Renewable Energy
the time is running outsoon, there will be nothing left to burn on earth but earth itself
a) Commercial energy supply from 3.7% to 6.1% b) Total primary energy supply from 2.2% to 5.1%
Limited supply of COAL, coupled with its poor quality, low level of technologies advancements and high environmental hazards. Limited domestic reserves and uncertain foreign supply of hydrocarbons.
shortage Rising Prices of Oils & Gases Ecological Hazards Ample resources and sites available Abundant sunshine Government incentive Increased financing options
CURRENT FOCUS
Promoting rural energy for productive uses and linked social benefits
Promoting renewable energy for rural electrification and industrial applications Enhancing access of the rural poor to affordable and sustainable energy services Supporting training and capacity building for manufacture, local assembly and maintenance of renewable energy technologies / systems
As per the E&Y Index, India is ranked 3rd overall. High potential for development across various renewable source
India ranks 8th in terms of hydro-electricity generated Potential to provide energy in remote and hilly areas where extension of an electrical transmission grid system is uneconomical Till now, 14 States have announced policies for setting up commercial HP generation projects.
KEY POSITIVE
Proven Technology Low O&M Costs High energy conversion efficiency (70%)
High conception & development period High capital costs (per MW) Social Costs
FUTURE POTENTIAL Hydro capacity expected to reach 57 GW by 2015. Small hydro potential is expected close to 15 GW. Government has introduced subsidy schemes for HPPs up to 25 MW. Well-established manufacturing base for full range and type of small hydro equipments.
Supply System
End Products
POTENTIAL
DRIVERS
Small sized Dependence on agricultural output Insecure raw material linkage Shortage of equipment Lack of cheap financing, both debt & equity Currently, few focused biomass players
20 GW of power may be generated from 300 MT of agro waste (currently produced) 50% currently burnt in the open Less than 3% potential realized Can revolutionize pace of rural electrification.
Agro based economy Large, Unexploited domestic resource Favorably aligned regulatory environment Simple technology Power deficit across states
Type of Project
Returns
Wind
5-6 20-25
Hydro (PPA)
5-6 15-18
Hydro (Merchant)
5-6 20-25
Biomass
4-5 16-20
Solar
18-20 --
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