Академический Документы
Профессиональный Документы
Культура Документы
In the past ten years, installation of renewable energy for electricity has
grown at an annual rate of 25 per cent. It has reached 30,000 MW as of
January 2014. During this period, wind power installation has grown ten
times and solar energy has grown from nothing to 2,500 MW. Currently,
renewable energy accounts for about 12 per cent of the total electricity
generation capacity and contributes about 6 per cent of the electricity
produced in the country. Renewables, therefore, produce more than
twice the amount of electricity produced by all nuclear power plants in
the country. In 2012-13, the electricity produced by renewables was
equivalent to meeting the per capita annual electricity requirement of
about 60 million people. More than a million households in the country,
today, depend solely on solar energy for their basic electricity needs.
The growth of renewable energy has changed the energy business in
India. It has, in many ways, democratised energy production and
consumption in the country. Before the renewable sector became a
significant player, the energy business was all about fossil fuel-based big
companies and grid-connected power—they dominate even today. But
today there is an alternate energy market in which thousands of small
companies, NGOs and social businesses are involved in selling
renewable energy products and generating and distributing renewables-
based energy. This trend is likely to accelerate because of two key
policies of the government.
The first is the Electricity Act, 2003. The Act has opened up the rural
electrification market to decentralised distributed generation systems. It
promotes decentralised generation and distribution of electricity
involving institutions like the panchayats, users' associations,
cooperative societies and NGOs in rural India not under the purview of
distribution companies. In addition, private developers are free to set up
renewable energy based generators and sell electricity to rural
consumers.
Hydroelectric Energy
The potential energy stored in the water held in dams is made to drive a
water turbine and generator. Which in turn produces electric power. This
form of energy generation is called hydroelectric power. Out of all the
alternative energy sources, this one has been most commonly adopted in
the current time.
Solar Energy
This is the energy which the earth receives from the Sun. This is one of
the most promising alternative energy sources, which will be available to
mankind for centuries to come. The only challenge remains to tap solar
energy in the most efficient way. The solar power generation is done by
using a series of photovoltaic cells where the solar rays are converted
into electricity. Apart from electricity production solar energy is also
being used for heating water, cooking food, etc.
Wind Energy
The power of the wind is harnessed to propel the blades of wind turbine
attached to an electric generator to generate wind energy. Wind
energy is an effective alternative source of energy in areas where the
velocity of wind flow is high.
Biomass Energy
This is the energy developed from the wastes of various human and
animal activities like the by-products and wastes from the timber
industry, agricultural yields, municipal solid waste, etc. Out of the many
alternative sources of energy, this is the one which takes into account the
utilization of waste material to develop energy thereby disposing of
them in a profitable and effective way.
Geothermal Energy
This is the energy tapped from the heat inside the earth. Hot rocks
residing in the core of earth heat water which emits the surface of the
earth with pressure and as steam. This pressurized steam can be used to
run steam turbines to generate electricity.
Tidal Power
The surface of the earth is 71.11% covered by water bodies especially
oceans. The tides in water rise and fall due to the gravity of the sun and
moon. Since we know about how the position of moon changes we can
predict the rise and fall of tides. This rise and fall of tides can be utilized
by setting up small dams and passing water through the turbines to
generate power.
The major issue with this form of alternative energy is that it is mostly
derived from the use of natural gas and fossil fuels. As such, it could be
argued that the emissions created to extract it counteract the benefits of
its use.
Natural gas
Natural gas sources have been in use for a number of decades, but it is
through the progression of compression techniques that it is becoming a
more viable alternative energy source. In particular, it is being used in
cars to reduce carbon emissions.
Demand for this energy source has been increasing. In 2016, the lower
48 states of the United States reached record levels of demand and
consumption.
Despite this, natural gas does come with some issues. The potential for
contamination is larger than with other alternative fuel sources and
natural gas still emits greenhouse gases, even if the amount is lower than
with fossil fuels.
Biofuels
In contrast to biomass energy sources, biofuels make use of animal and
plant life to create energy. In essence they are fuels that can be obtained
from some form of organic matter.
They are renewable in cases where plants are used, as these can be
regrown on a yearly basis. However, they do require dedicated
machinery for extraction, which can contribute to increased emissions
even if biofuels themselves don’t.
Wave energy
Much like with tidal energy, the benefits come in the lack of waste
produced. It is also more reliable than many other forms of alternative
energy and has enormous potential when used properly.
Nuclear power
FDI POLICY
Foreign Direct Investment (FDI) up to 100% is permitted under the automatic route for
renewable energy generation and distribution projects subject to provisions of The Electricity
Act, 2003.
FINANCIAL SUPPORT
Bank loans up to a limit of USD 2.3 million will be given to borrowers for purposes like solar
based power generators, biomass based power generators, wind power systems, micro-hydel
plants and for renewable energy based public utilities viz. Street lighting systems, and remote
village electrification. For individual households, the loan limit will be USD 15,384 per
borrower.
INVESTMENT OPPORTUNITIES
USD 5.8 billion Green Energy Corridor being set up to ensure evacuation of Renewable Energy
in the next 3-4 years
Scheme for Development of Solar Parks and Ultra Mega Solar Power Projects has an approved
capacity of 40,000 MW, which entails setting up of atleast 50 solar parks, each with a capacity of
over 500 MW. Planned Central Government financial support of USD 1.2 Billion.
Upcoming 100 Smart City projects will have huge scope for being powered by Renewable
Energy.
Hydro projects exempt from competitive bidding till 2022
Setting up of small hydro projects declared as ‘Priority’ under National Mission
Upgradation of watermills and micro hydro projects
Battery packs for Electric vehicles.
FOREIGN INVESTORS
Enercon (Germany)
Vestas (Denmark)
Applied Materials (USA)
KEY ACHIEVEMENTS
A total of 100 billion units of power have been generated in the country during the year 2017-18
from all renewable energy sources.
The cumulative renewable energy installed capacity has increased from 35.51 GW as on
March 31, 2014 to 69.98 GW as on March 31, 2018
40 solar parks of aggregate capacity of 21,144 MW sanctionedfor 21 states
Wind Atlas 2015, a Geographic Information System (GIS) launched
Renewable energy sector re-classified as ‘white category’ sector
Learning objectives
Today, renewable energy is small. But it will grow. If we don’t have
environmental safeguards now, the ecological impacts of this ‘clean’
energy source might become unmanageable.
Fossil fuels are the major energy resource consumed by mankind.In the
future the fossil fuels will not suffice, so alternative methods have to be
utilized.
The burning of fossil fuels emits large quantities of CO2. The amount
of CO2 in the atmosphere is on the increase. The consequences of this
are a point of contention. But the risk of doing nothing or too little is
alarming. Any means to reduce the use of fossil fuels as soon as possible
is extremely urgent.
After energy generation, transportation is the second biggest emitter of
CO2 globally. To reduce their use of fossil fuels is also urgent. Here a
transition to electric feeding would appear to be the best solution.
Lastly, renewable energy must benefit the local community.
Communities must have the first right over the electricity from
renewables and they must benefit from the installation of renewable
energy on their land.
Sources
https://www.ems.psu.edu/
https://www.downtoearth.org.in
http://elways.se
https://alternativeenergysourcesv.com/
https://www.renewableresourcescoalition.org
https://www.quora.com/
http://www.iitk.ac.in
https://interestingenergyfacts.blogspot.com
https://en.wikipedia.org
http://www.makeinindia.com/sector/renewable-energy