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An overview of wind energy development and policy initiatives in India
The Indian renewable energy sector has grown at a compounded annual growth rate of 15.51% in the last five years, where wind growth is about 8%. The Indian government has been adopting changes to create a safe, cheap, and sustainable energy system to fuel vigorous economic growth. The government has...
Autores principales: | , , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer Berlin Heidelberg
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8760121/ https://www.ncbi.nlm.nih.gov/pubmed/35069066 http://dx.doi.org/10.1007/s10098-021-02248-z |
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author | Kumar, Abhishek Pal, Divyanshi Kar, Sanjay Kumar Mishra, Saroj Kumar Bansal, Rohit |
author_facet | Kumar, Abhishek Pal, Divyanshi Kar, Sanjay Kumar Mishra, Saroj Kumar Bansal, Rohit |
author_sort | Kumar, Abhishek |
collection | PubMed |
description | The Indian renewable energy sector has grown at a compounded annual growth rate of 15.51% in the last five years, where wind growth is about 8%. The Indian government has been adopting changes to create a safe, cheap, and sustainable energy system to fuel vigorous economic growth. The government has made significant efforts in ensuring universal access to energy, giving power to its residents. It is implementing a large-scale deployment of renewable energy, particularly solar and wind. This paper examines the country's wind sector in-depth, including the government policy, financial incentives, and accomplishments. The study goes on to discuss the prospects and problems of the wind sector, as well as solutions to overcome them to reach the estimated target of 140–150 GW by 2030. Wind power growth in the country has weakened in the last few years which may hamper the country’s ambitious renewable energy targets. Wind industry is facing several hindrances ranging from discontinuation of incentives, land acquisition, DISCOM’s poor health, change in bidding scheme, old wind sites, etc. Certain steps, such as repowering outdated wind farms, giving generation-based incentives, tax concessions, reassessing the country’s wind potential, and constructing competitive renewable energy zones could aid in reviving the wind energy sector. GRAPHICAL ABSTRACT: [Image: see text] |
format | Online Article Text |
id | pubmed-8760121 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Springer Berlin Heidelberg |
record_format | MEDLINE/PubMed |
spelling | pubmed-87601212022-01-18 An overview of wind energy development and policy initiatives in India Kumar, Abhishek Pal, Divyanshi Kar, Sanjay Kumar Mishra, Saroj Kumar Bansal, Rohit Clean Technol Environ Policy Review The Indian renewable energy sector has grown at a compounded annual growth rate of 15.51% in the last five years, where wind growth is about 8%. The Indian government has been adopting changes to create a safe, cheap, and sustainable energy system to fuel vigorous economic growth. The government has made significant efforts in ensuring universal access to energy, giving power to its residents. It is implementing a large-scale deployment of renewable energy, particularly solar and wind. This paper examines the country's wind sector in-depth, including the government policy, financial incentives, and accomplishments. The study goes on to discuss the prospects and problems of the wind sector, as well as solutions to overcome them to reach the estimated target of 140–150 GW by 2030. Wind power growth in the country has weakened in the last few years which may hamper the country’s ambitious renewable energy targets. Wind industry is facing several hindrances ranging from discontinuation of incentives, land acquisition, DISCOM’s poor health, change in bidding scheme, old wind sites, etc. Certain steps, such as repowering outdated wind farms, giving generation-based incentives, tax concessions, reassessing the country’s wind potential, and constructing competitive renewable energy zones could aid in reviving the wind energy sector. GRAPHICAL ABSTRACT: [Image: see text] Springer Berlin Heidelberg 2022-01-15 2022 /pmc/articles/PMC8760121/ /pubmed/35069066 http://dx.doi.org/10.1007/s10098-021-02248-z Text en © The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic. |
spellingShingle | Review Kumar, Abhishek Pal, Divyanshi Kar, Sanjay Kumar Mishra, Saroj Kumar Bansal, Rohit An overview of wind energy development and policy initiatives in India |
title | An overview of wind energy development and policy initiatives in India |
title_full | An overview of wind energy development and policy initiatives in India |
title_fullStr | An overview of wind energy development and policy initiatives in India |
title_full_unstemmed | An overview of wind energy development and policy initiatives in India |
title_short | An overview of wind energy development and policy initiatives in India |
title_sort | overview of wind energy development and policy initiatives in india |
topic | Review |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8760121/ https://www.ncbi.nlm.nih.gov/pubmed/35069066 http://dx.doi.org/10.1007/s10098-021-02248-z |
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