Abstract
Renewable energies can substantially improve the increasing energy demands and mitigate greenhouse gas emissions. It also provides direct and indirect social benefits such as reducing the health and environmental impacts associated with the use of fossil and nuclear fuels, thereby improving standard of living, educational opportunities, creating jobs, reducing poverty, increasing gender equality and ensures energy security. Hybrid renewable energy systems comprising of solar and wind will be effective for efficient power generation, in spite of variability, intermittency and other grid related issues. Prospects and insights of solar photovoltaic and wind energy systems will be discussed by analyzing information reported in various literatures, government and international renewable energy agencies. Also policies and initiatives related to hybrid energy systems concerning environment and economy will be addressed. The progressive path for renewable energy development will be suggested through increased use of renewable energy generation with enhanced reliability, security and resiliency of the future electric grid.
Highlights
Government of India have recently announced a massive renewable power production target of 175 GW by 2022; this comprises generation of 100 GW from solar, 60 GW from wind, 10 GW from biomass, and 5 GW from small hydro power projects
IREDA had released the compendium of state government policies on renewable energy sector in India
A detailed report by IREDA contains the combined summary of CERC & SERCs Regulations / Tariff Orders of various states for solar PV and solar thermal power projects
Summary
Government of India have recently announced a massive renewable power production target of 175 GW by 2022; this comprises generation of 100 GW from solar, 60 GW from wind, 10 GW from biomass, and 5 GW from small hydro power projects. IREDA had released the compendium of state government policies on renewable energy sector in India It contains a comprehensive summary of all States/Union Territories policies on various renewable sectors, covering the aspects related to land acquisition, power evacuation facilities, frame work for grid connectivity and other financial aspects. A detailed report by IREDA contains the combined summary of CERC & SERCs Regulations / Tariff Orders of various states for solar PV and solar thermal power projects. It gives the details of Tariff/Control period, Financial/Normative parameters, CDM benefits, subsidy/incentives, taxes & duties, evacuation facilities, and transmission/wheeling/banking charges. Saravanan Vasudevan and Arumugam Murugesan: Renewable Energy Systems: Technologies and Applications for Future Electric Grid
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