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Evolution of Renewable Energy in India: Wind and Solar

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Abstract

Being among the most populated country with one of the fastest growing economies in the world, the country is met with ever-increasing fossil fuel consumption. The use of fossil fuels for energy is threatening India with emission pollutants, the import burden of crude oil and natural gas, and coal resource extinction. Clean energies have long been thought to reduce or eliminate a country’s dependence on fossil fuels for electricity generation. In the past decade, India has made major additions to its renewable energy capacity, especially with respect to solar and wind, which represent a major proportion of renewable generation in the country. This paper analyzes the government policies, programs, and incentives to enhance and develop the solar–wind sector in India, alongside potential limitations and solutions. It also reviews the development of “offshore wind,” which is slated to be added to the energy mix of the country over the coming decade.

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Notes

  1. In an ordinary auction (also known as a 'forward auction'), buyers compete to obtain goods or services by offering increasingly higher prices. In contrast, in a reverse auction, the sellers compete to obtain business from the buyer and prices will typically decrease as the sellers underbid each other.

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Singh, A.K., Idrisi, A.H. Evolution of Renewable Energy in India: Wind and Solar. J. Inst. Eng. India Ser. C 101, 415–427 (2020). https://doi.org/10.1007/s40032-019-00545-7

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