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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)
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