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Current status and analysis of renewable promotional policies in Indian restructured power sector--A review

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  • Singh, Randhir
  • Sood, Yog Raj

Abstract

Restructuring has changed the traditional mission and mandates of power utilities in complex ways, and had large impacts on environmental, social, and political conditions for any particular country. At the same time, new regulatory approaches are being found for reducing environmental impacts in restructured power sectors. India has a vast supply of renewable energy resources, and it has one of the largest programs in the world for deploying renewable energy based products and systems. So this paper attempts to review the various policies and measures undertaken by Indian government for promotion of renewable energy. The aim of this paper is also to review the current policy mechanisms, especially investment- or generation-based price-driven and capacity-driven mechanisms, ranging from investment incentives for the development of renewable energy projects, feed-in tariffs, production tax incentives, tradable green certificates, and their effects upon the prospects of encouraging as well as expanding the development of renewable energy in Indian restructured power sector. This will make renewable more attractive in the Indian future electricity market.

Suggested Citation

  • Singh, Randhir & Sood, Yog Raj, 2011. "Current status and analysis of renewable promotional policies in Indian restructured power sector--A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 657-664, January.
  • Handle: RePEc:eee:rensus:v:15:y:2011:i:1:p:657-664
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    References listed on IDEAS

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    1. Singh, Anoop, 2006. "Power sector reform in India: current issues and prospects," Energy Policy, Elsevier, vol. 34(16), pages 2480-2490, November.
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    1. Zeng, Shihong & Liu, Yuchen & Liu, Chao & Nan, Xin, 2017. "A review of renewable energy investment in the BRICS countries: History, models, problems and solutions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 860-872.
    2. Lari Shanlang Tiewsoh & Jakub Jirásek & Martin Sivek, 2019. "Electricity Generation in India: Present State, Future Outlook and Policy Implications," Energies, MDPI, vol. 12(7), pages 1-14, April.
    3. Sahoo, Sarat Kumar, 2016. "Renewable and sustainable energy reviews solar photovoltaic energy progress in India: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 927-939.
    4. Gottschamer, L. & Zhang, Q., 2016. "Interactions of factors impacting implementation and sustainability of renewable energy sourced electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 164-174.
    5. Sharma, Naveen Kumar & Tiwari, Prashant Kumar & Sood, Yog Raj, 2013. "A comprehensive analysis of strategies, policies and development of hydropower in India: Special emphasis on small hydro power," Renewable and Sustainable Energy Reviews, Elsevier, vol. 18(C), pages 460-470.
    6. Upma Singh & Mohammad Rizwan & Hasmat Malik & Fausto Pedro García Márquez, 2022. "Wind Energy Scenario, Success and Initiatives towards Renewable Energy in India—A Review," Energies, MDPI, vol. 15(6), pages 1-39, March.
    7. Pechak, Olena & Mavrotas, George & Diakoulaki, Danae, 2011. "Role and contribution of the clean development mechanism to the development of wind energy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(7), pages 3380-3387, September.
    8. Charles Rajesh Kumar J & Vinod Kumar D & MA Majid, 2019. "Wind energy programme in India: Emerging energy alternatives for sustainable growth," Energy & Environment, , vol. 30(7), pages 1135-1189, November.
    9. Höffken, Johanna I., 2014. "A closer look at small hydropower projects in India: Social acceptability of two storage-based projects in Karnataka," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 155-166.
    10. Khan, Muhammad T. & Thopil, George Alex & Lalk, Jorg, 2016. "Review of proposals for practical power sector restructuring and reforms in a dynamic electricity supply industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 326-335.
    11. Pandey, Shreemat & Singh, Vijai Shanker & Gangwar, Naresh Pal & Vijayvergia, M.M. & Prakash, Chandra & Pandey, Deep Narayan, 2012. "Determinants of success for promoting solar energy in Rajasthan, India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 3593-3598.
    12. Mukherjee, Shilpi & Dhingra, Tarun & Sengupta, Anirban, 2017. "Status of Electricity Act, 2003: A systematic review of literature," Energy Policy, Elsevier, vol. 102(C), pages 237-248.

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