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Solar Outlook for India

In: Business and Management

Submitted By ambujlal
Words 2264
Pages 10
Solar Energy
Opportunities and Challenges for India

Energy Sector Structure Policies and Regulation
Mid-Term Paper
Trimester II

Submitted to Prof. Anupam Sircar

Submitted by: Ambuj Lal (P101005)

Institute of Energy Management and Research
Gurgaon

Table of Contents

1. Introduction 3 2. India’s Current Power Scenario 3 3. Solar Energy Potential 3 4. State Participation in Solar Energy 4 4.1 Brief about JNNSM 4 4.2 Solar Installations and Gadgets 5 5. Technology Aspect 6 5.1 Issues with Development of Grid Interactive Technology 7 6. Finance 8 7. Risks and Challenges 9 8. Way Ahead 9 References: 10

1. 2. Introduction

Energy is the prime factor for the generation of wealth and a significant factor for economic development of a country. Efficient and regular supply of energy is also critical for the economic growth. The limited fossil resources and the environmental problems associated with them have emphasized the need for new sustainable energy supply options. Development of newer energy sources thus acquires importance. The challenge is to ensure adequate supply of energy at the least possible cost. Another important aspect is to provide clean and convenient energy critical for the well-being of the poor, even when they cannot fully pay for it.
Solar thermal power generation systems also known as Solar Thermal Electricity (STE) generating systems are emerging renewable energy technologies that can be developed as viable option for electricity generation in the future. This paper discusses the various options, their status and opportunities and challenges in developing solar energy in the context of India. 3. India’s Current Power Scenario

India’s current electricity installed capacity is 1,67,278.36 MW. The peak demand and supply gap is around 12%. The 11th five year plan targets to add

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