Renewable Energy in India: An Assessment

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Energy is an engine for growth and is linked with all aspects of development, poverty alleviation and improvement of quality of life. For a large country like India with its one billion plus population and rapid economic growth rate, no single energy resource or technology constitutes a panacea to address all issues related to the rising cost of generation, availability of fuel supplies, environmental impact, particularly climate change and health externalities. Another issue is rural electrification, which is viewed as a prime mover for rural development, as it is the basic pre-requisite for all industrial activity and also a significant contributor to increasing agricultural productivity, jobs and income generation activities. But, villages cannot be electrified by conventional grid extension because grid connectivity is not feasible for remote settlements. As a result, the off-grid solution, namely, renewable energy should be taken up for supply of electricity. Renewable energy is the fastest, cleanest and cheapest new source of power. Fortunately, India being a tropical country, is abundantly endowed with renewable energy sources in the form of solar, wind, biomass and small hydro, but now the share of renewables in the total power generation capacity of the country is only 5.3 percent. The modularity and decentralized nature of renewable energy technologies make them well-suited to sustainable energy development in an environment-friendly manner. Thus, it provides ample scope for corporate bodies, utilities and other investors to extract this opportunity. Against this backdrop, this book provides a comprehensive analysis of the role of renewable energy in the nation’s development, status, policy measures, experiences and opportunities. It is hoped that the book will be useful to corporate bodies, policymakers, researchers, management teachers, students and energy professionals.

ABOUT THE AUTHOR Leena Mary Eapen

Leena Mary Eapen holds an MA in Economics from Madras Christian College. She has submitted her Ph.D dissertation on "Power Sector Reforms in India: A Study of Institutions and Organisational Behaviour" at Madras School of Economics, Chennai. Her areas of specialisation are Energy Economics and Institutional Economics. Currently she is working in the areas of issues of restructuring/privatization of public sector undertakings particularly state electricity boards; issues related to implementation of economic reforms using principles of new institutional economics and political economy of reforms; public finance; and comparative aspects of India and China. She has five years of teaching experience and she has published research papers and popular articles in peer reviewed journals, edited books, Indian business magazines and financial dailies. She has also presented research papers in various national conferences. Currently, she is working as a Faculty Member-Consulting Editor at the IBS Research Center (IRC), Chennai focusing on the development of Professional Reference Books and teaching in the area of Economics.

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Bibliographic information

Title
Renewable Energy in India: An Assessment
Author
Edition
1st ed.
Publisher
ISBN
8131405222
Length
276p.
Subjects