Resource detail

Title: Offshore wind energy policy for India—Key factors to be considered
Organization:University of Petroleum and Energy Studies, Uttarakhand, India
Author:Mani Swaminathan , Dhingra Tarun
Source:Energy Policy, Vol 56: 672-683p.
Year:2013

Indian economy is growing at a healthy pace during the last few years. To sustain its growth, power sector needs to build additional generation capacity. However, continued dependence on fossil fuels to power the growth of electricity generation capacity, is hardly sustainable. Renewable Energy source forms a miniscule portion (25GW,_12%) of India’s overall power generation today(202GW).The share of wind energy(17GW) is 67% of the total renewable energy basket. But the contribution from offshore wind farms is non-existent, as all the wind energy generated in India is only through on shore wind farms. India needs a policy frame work to encourage the development of offshore wind farms. Several European countries have effective offshore wind energy policies that have helped them to accelerate the growth of their offshore wind energy sector. This paper does an exhaustive literature survey, to identify 21 building blocks of a successful offshore wind energy policy initiative adopted by select European countries, which have been classified under 5 broad categories—Government support, Fiscal and quota based incentives, Availability of local expertise, Capital for investments and Building an enabling ecosystem, which can be leveraged by India to articulate its own offshore wind energy policy.