Unleashing the Potential of Renewable Energy in India

Author: Mikul Bhatia

Publisher: World Bank Publications

ISBN: 9780821387801

Category: Business & Economics

Page: 61

View: 773

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.
Green Industrial Policy in Emerging Countries

Author: Anna Pegels

Publisher: Routledge

ISBN: 9781136024009

Category: Business & Economics

Page: 207

View: 829

For decades, governments have tried to foster industrial competitiveness and economic growth. Many instruments are known to work, and many lessons have been learned. However, humanity is increasingly feeling the effects of natural resource depletion. The rate of this depletion is deeply unsustainable, and it is – as of yet – inextricably linked to economic growth and development. To preserve acceptable living conditions for future generations, while at the same time creating these conditions for millions of poor in the first place, we must achieve a de-linking of economic activity and resource depletion. This book identifies the drivers and success factors of green industrial policy, which seeks to reconcile the synergies and trade-offs which exist between economic and environmental goals. Greening the economy is a goal which will require enormous investment. As markets are currently failing to provide the required incentives for environmental sustainability, governments must intervene and provide ‘policy rents’ for investments in sustainability while withdrawing rents from polluting investments. In this they will face the risk of political capture by interest groups and difficult choices among technologies. Rent management is therefore the heart of green industrial policy and the focus of this book. On top of this, the country examples provided in this volume focus on the emerging powers, which will have an important influence the future of our planet. However, the lessons learned are valuable not only for countries introducing green industrial policies for the first time, but also for those under pressure to reform existing policies. This book will be of interest to students, researchers and policymakers in the areas of energy policy, sustainable development, industrial economics and ecological economics.
Smart Environment for Smart Cities

Author: T.M. Vinod Kumar

Publisher: Springer

ISBN: 9789811368226

Category: Political Science

Page: 530

View: 871

This book discusses the design and practice of environmental resources management for smart cities. Presenting numerous city case studies, it focuses on one specific environmental resource in each city. Environmental resources are commonly owned properties that require active inputs from the government and the people, and in any smart city their management calls for a synchronous combination of e-democracy, e-governance and IOT (Internet of Things) systems in a 24/7 framework. Smart environmental resources management uses information and communication technologies, the Internet of Things, internet of governance (e-governance) and internet of people (e-democracy) along with conventional resource management tools to achieve coordinated, effective and efficient management, development, and conservation that equitably improves ecological and economic welfare, without compromising the sustainability of development ecosystems and stakeholders.
India's Emerging Energy Relations

Author: Girijesh Pant

Publisher: Springer

ISBN: 9788132225034

Category: Business & Economics

Page: 188

View: 949

This book analyzes the role of energy in Indian foreign policy, particularly in defining bilateral relations. It also focuses on the critical gaps in conceptualizing its formulations and recommends a framework for sustainable energy security. India, the fourth largest consumer of oil, is an energy-deficit economy, importing more than eighty percent of its needs. This makes securing energy integral to its foreign policy goals. Obviously it is important for India to actively participate in the global energy market and establish robust, enduring and nuanced diplomatic relations with energy exporting countries. Equally important is that India diversifies its energy mix and moves towards carbon-free growth. Renewable energy is today high on the global energy agenda. Indian energy policy thus has to address a range of issues, domestically and on foreign turf. It has to move beyond the transactional mode by creating equity in the global energy industry. Today, the global energy regime is undergoing fundamental changes, as is the power dynamics of the global energy order. There are now many new producers and diverse consumers. The trade in energy has increased in volume and its direction has shifted from the West to the East, and the ongoing structural changes in the energy market call for a new security architecture. Given the complex and competitive environment of the new geo-economics and geopolitics of energy, the question could well be, should India frame energy issues in conflict mode or move toward innovative cooperation? In either case the message is that India needs an integrated energy security policy.
Design and Performance of Policy Instruments to Promote the Development of Renewable Energy

Author: Gabriela Elizondo Azuela

Publisher: World Bank Publications

ISBN: 9780821396032

Category: Business & Economics

Page: 78

View: 614

In the early 1990s, developing countries started to introduce different economic incentives to promote the deployment of renewable energy. This paper summarizes the results of a recent review of the emerging experience with the design and implementation of price and quota based instruments to promote renewable energy in
Renewable Energy and Green Technology

Author: Narendra Kumar

Publisher: CRC Press

ISBN: 9781000484458

Category: Science

Page: 196

View: 310

Renewable Energy and Green Technology: Principles and Practices is based on the present need to understand the principles and utility of renewable energy and green technology to minimize dependency on fossil fuels in global development. Renewable energy is the best and cheapest source of energy as an alternate resource. There is massive potential for renewable energy globally, including in India. The efficient utilization of renewable energy resources could minimize the impact of climate change globally. Generally, renewable energy is generated from essentially inexhaustible sources, including wind power, solar power, geothermal energy, tidal energy, biomass energy, and other sources. Hence, encouraging renewable energy use could save our tomorrow from the climate change perspective and in terms of sustainable food production. This book promotes the exchange of ideas, policy formulation, and collective action to ensure a smooth transition to renewable energy. It describes the technological interventions for reducing environmental and economic damage resulting from the use of conventional energy sources. In this book, the focus is on utilizing various renewable energy sources in diverse sectors. It also elaborates the descriptive methodology of different renewable energies, accompanied by figures and tables. It provides information on biogas energy plants, gasifier technologies, and hydropower technologies, among others, along with their applications. Further, it delves into energy concepts and details significant advantages of the energy resources for sustaining the future world. Lastly, this book will provide instant access to comprehensive, cutting-edge knowledge, making it possible for academicians and researchers to utilize this ever-growing wealth of information. Key features Emphasizes the understanding of the principles and utility of renewable energy and green technology to minimize dependency on fossil fuels in the era of global development Focuses on recent trends in renewable energy with principles and practices in relation to climate change Highlights advanced approaches for sustainable use of renewable energy sources Illustrates the methodology for various aspects of renewable energy with figures and charts Discusses the green technology usages of the agriculture and forestry sectors Provides comprehensive cutting-edge information for policymakers in the field of renewable energy
Energy Security and Development

Author: B. Sudhakara Reddy

Publisher: Springer

ISBN: 9788132220657

Category: Business & Economics

Page: 519

View: 500

This volume provides a systematic framework for energy suppliers, policy makers, academics, students, and all others interested in energy security, and analyzes key issues concerning energy, security and sustainability with the help of a wealth of data. While sustainability is the broadest objective, energy security is an important part of it, at the global, national and societal levels. The development of a sustainable, long-term solution to meeting the world’s energy needs is a defining issue of our time, since central global challenges that the world faces—poverty alleviation, climate change, and environmental degradation—are directly linked to energy security. The contributions cover key issues in sustainable energy and illustrate that the insecurity of a majority of countries owes to internal factors which have more to do with market forces, inefficient technologies, lack of institutions, environmental insecurity, pricing mechanisms, etc., and less to do with the international situation. The links between energy and development are both direct and indirect. Directly, energy provides several services and utilities to maintain human well-being, and also does so indirectly through stakeholders. This volume addresses both the direct and indirect links and provides sustainable alternatives, helping readers to better grasp the resilience of both socio-economic and resource sub-systems in the process. The issues affecting energy supply and demand, including technology portfolios, environmental considerations and consumer attitudes are thoroughly discussed. One of the critical questions that arises is how to facilitate energy investment. The investment climate and the key issues involved are analyzed, including: the capital flows with reasonable and stable investment frameworks, timely decision-making by governments, and open markets. The broad objective of the volume is to foster a deeper understanding of the concept of energy security and to identify the methods of analysis, policy initiatives and future research needed to generate a balanced pattern of energy use and mitigate its impact on humanity and the environment.
Understanding the Dynamics of Nuclear Power and the Reduction of CO2 Emissions

Author: Hassan Qudrat-Ullah

Publisher: Springer Nature

ISBN: 9783031043413

Category: Business & Economics

Page: 182

View: 848

This books explains a strategy that a country can meet its CO2 emission reduction targets (e.g., as are in Paris Agreement) with a dominant share of nuclear power with a balanced energy supply mix. The book starts with an introduction to the subject of energy policy, mechanisms, and CO2 emissions, and the complexity of the CO2 reduction goal. It introduces the system dynamics approach as a solution modeling approach for dealing with the complexity of CO2 reducing policies and mechanisms. The book presents the dynamic model and its key parameters and then elaborates the structural and behavioral validity of the dynamic model. The book gives an intensive review to do that comparative analysis involving China, India, Saudi Arabia, UAE, and Pakistan. The last half of the book focuses on the case in Pakistan. The author reviews Pakistan’s Intended Nationally Determined Contribution and other key sources from Pakistan’s Ministry of Energy and related institutions. Using Pakistan’s case data, the author applies the system dynamics modeling approach whereby a dynamic model, capable of representing the important interactions among various sectors of the electricity supply sector of Pakistan. This book is intended to be of use to policymakers, managers and practitioners, teachers, researchers, and students of design and assessment of policymaking for the complex, dynamic energy systems
Can Green Sustain Growth?

Author: John Zysman

Publisher: Stanford University Press

ISBN: 9780804788571

Category: Business & Economics

Page: 352

View: 342

Green growth has proven to be politically popular, but economically elusive. Can Green Sustain Growth? asks how we can move from theoretical support to implementation, and argues that this leap will require radical experimentation. But systemic change is costly, and a sweeping shift cannot be accomplished without political support, not to mention large-scale cooperation between business and government. Insightful and timely, this book brings together eight original, international case studies to consider what we can learn from the implementation of green growth strategies to date. This analysis reveals that coalitions for green experimentation emerge and survive when they link climate solutions to specific problems with near-term benefits that appeal to both environmental and industrial interests. Based on these findings, the volume delivers concrete policy recommendations for the next steps in the necessary shift toward sustainable prosperity.
The Design and Sustainability of Renewable Energy Incentives

Author: Peter Meier

Publisher: World Bank Publications

ISBN: 9781464803154

Category: Business & Economics

Page: 308

View: 303

This study provides economic models of the sustainability and affordability of renewable energy support schemes alongside operational advice on how the regulatory design may need to be modified to minimize the impact on the budget and be affordable to the poor, as well as how to identify and fill the financing gap.
From the Bottom Up

Author: Bernard Tenenbaum

Publisher: World Bank Publications

ISBN: 9781464801112

Category: Business & Economics

Page: 418

View: 656

This report describes the four basic types of on- and off-grid small power producers emerging in Africa and highlights the regulatory and policy questions that must be answered by electricity regulators, rural energy agencies, and ministries to promote commercially sustainable investments by private operators and community organizations.