renewable energy-opportunites & challenges

8/8/2019 Renewable Energy-Opportunites & Challenges

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RENEWABLE ENERGY:OPPORTUNITIES & CHALLENGES


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Renewable Energy-Why we need it ?


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Power Scenario in India

Countrys power generation capacity -160,000 MW

Total capacity from renewable sources is expected to reach 24,000 MW

Renewable EnergyCapacities in India

Wind

HydroBio-Power

Solar

India is worlds 5th largest consumer of energy

India facing large supply demand mismatches

Key Drivers for renewable energies in India

Ample number of sites for solar, hydro & windpower plants

GovernmentIncentives through MNRE

Increasing Sources of Finance


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India-An Attractive Renewable Energy

Market

Indian Subcontinent has a large potential for powergeneration

Govt. ofIndia has planned a target for 10000 MW

renewable energy by 2012 Large number of sites available

India ranked among most

attractive countries worldwide

based on regulatory environment

&feasibility for renewable energy

generation


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Indian Solar Power Sector Overview

Large Potential Exists..

Among top 5 destinations worldwide for Solar Energy development

Daytime production peak coincides with peak electricity demand makingsolar ideal supplement to grid

Diversified Applications..

Solar Thermal Energy

Solar Photovaltic Thin Film

Solar Appliances

ThoughLimitedgrowth tillnow..

High Capital Costs of solar power plants and generation cost has restrictedits growth


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Opportunities for Manufacturers &

Users of Solar Energy


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Indian Wind Energy Sector Overview

Current Scenario

4th largest producer in the world with a capacity of 7 GW

Capacity growth now touching 40% y-o-y

Tamil Nadu, Maharashtra & Karnataka are the leaders in windcapacity

Key Issues

Short construction period Some Regulatory/institutional hurdles

exist


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Wind Energies-Opportunities


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Indian Hydro Power Sector

Large Potential Exists..

India ranks 8th in terms of hydro-electricity generated, thusmaking it one of the largest producers of hydropower.

Attractive onvariouscounts..

Proven Technology

Low O&M costs

Equipments have longer lifetime

High energy conversion efficiency (around 70%)


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Challenges in Renewable Energy

Development


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Future Growth Drivers

Demand Supply Gap

Natural Resource Scarcity

Large renewable energy potential

Availability of New forms of capital

Fiscal incentives Provided by government

Increasing state level initiatives


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SBI Initiative

State Bank ofIndia has set up wind farm project for 15MW

SBI will be eligible now to get carbon credit also due toits clean energy initiative

First corporate social initiative

New trend in terms of clean energy projects in India


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British Petroleum

BP Initiative..

Needed transformation as gas will be the transitional fuel forseveral decades

Develop sustainable business propositions in the area of renewable

BPs solar programme focuses on the manufacture and marketing ofphotovoltaic cells

Have initiated projects in developing countries such as thePhilippines and India

Business Impact..

Operational cost reductions from improved energy efficiency

Innovation and new product development

Better reputation

Business Transformation


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THANK YOU ..

Trupti Mota (136)

Shriya Phadte (140)

Vrinda Sinhal (157)

Raghvendra Aggarwal (107)

Shobhit Arora (113)

Rajat Jain (121)

Jigar Kabra (128)

Shray Jindal (127)

renewable energy-opportunites & challenges

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