Renewable Energy Energizing the Power of Renewable for India's Industry
Due to its eco-friendly nature, renewable energy plays a big role in shaping the future of energy generation, hence the Government of India is encouraging installment of renewable energy plants. PROCESS India took a closer look at the develeopment...
Limited availability of fossil fuels like coal and rising need of energy have led to power generation from alternative ways. Also, knowing the adverse effect on the environment due to traditional methods of energy generation, the Government of India is encouraging energy from new and renewable sources. As a result, there are higher investments being made in green energy such as wind, small hydro, bio mass and solar.
As per the Ministry of New and Renewable Energy (MNRE), about 27,000 MW renewable power generation capacities have been installed in the country. This constitutes about 12.5 per cent contribution in the total power generation installed. A capacity of 12,437 MW from renewable energy projects have been added during the last three years (as on 31.01.2013).
As per the report published by the Central Electricity Authority (CEA), 36,947 million units, 41,150 million units and 51,226 million units were generated during 2009-10, 2010-11 and 2011-12 respectively from renewable energy sources. During 2012-13, about 23,557 million units (April-August) have been generated from renewable energy sources in the country.
30,000 MW from Renewable Sources Targeted for 2017
The MNRE is also targeting a capacity addition of 30,000 MW during the 12th five year plan period (2012-17) from various renewable energy sources. It is expected that the contribution of renewable power in the total installed capacity would be in the range of 16 to 17 per cent at the end of the 12th plan.
Foreign Co–Operation for Alternative Energies
The Ministry has also signed a ‘Program of Cooperation’ (POC) with the ‘Centre for the Development of Industrial Technology’ (CDTI), Government of Spain in November 2011 as a joint Indo-Spanish technological cooperation, to promote and fund innovation driven joint research and development (R&D) collaborative projects in the field of renewable energy. Under this POC, a joint call for research proposals was launched in June 2012.