India’s goal for renewable energy is to increase the contribution made by renewable resources to the generation of power from 16 percent to about 18 percent by 2022. It has already been able to increase its power generation installed capacity by 11 percent when compared to dependency in 2002.
The major contributing renewable power source so far has been wind power turbines. Special attention is also being given to biofuel production through non-food feed stocks, which will be raised on degraded land or wasteland that is not suited to agriculture, thus avoiding a possible conflict of fuel vs. food security. The solar market in India is also growing at an immense rate. To make a prominent impact, there has to be a strong push from the government to make the shift to renewable energy lucrative for the consumers and investors.
India’s renewable energy strategy for the period 2011- 2017 is to:
- promote the concept of small power plants at the tail-end of grids for both solar and biomass as well as developing financial support structures;
- develop entrepreneurship for rural electrification through biomass wastes, rice husk, solar, etc. and enabling availability of banks/ grant funds;
- implement large-scale deployment and movement towards indigenisation as already incorporated in the Solar Mission;
- push for incremental improvements in making technologies more efficient to make them more viable and acceptable, especially for solar cooling and cooking;
- identify niche areas for application of renewable energy technologies and reducing consumption of diesel and developing suitable mechanisms for off-grid deployments;
- identify possible business models to promote large-scale adoption of improved cook-stoves with limited government support;
- develop new financial instruments including Risk Guarantee Fund;
- promote energy plantations of fast growing species of bamboo/ other trees to provide feedstock for small capacity biomass power plants for captive/local use;
- build capacity and awareness of green buildings and campuses;
- demonstrate projects for new technologies such as solar thermal hybrid for small plants, rice straw boilers, pine needles based gasifiers, solar thermal gas hybrids and solar thermal with storage for large plants;
- develop independent concurrent monitoring systems;
- develop pilot projects for off-shore wind generation; and
- pursue the compliance of renewable energy purchase obligations with regulatory authorities and states.
The above data has been take from the Ministry of New and Renewable Energy, Government of India’s Policy plan , which can be accessed in detail here.