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Repowering--Next big thing in India

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  • Goyal, Mohit

Abstract

Indian wind energy sector has seen a CAGR of more than 27% during the period 2002-2007. However, the annual capacity additions has been declining for the past 2 years and recently, India lost one place in the Global ranking on total installed wind capacity to China. While issues like unfavourable tariff, non-uniform state policies, unavailability of evacuation infrastructure, etc. can be attributed to the slower pace of capacity addition, the issue of unavailability of on-shore wind sites with sufficiently high wind velocity is expected to take centre stage in the next 2-3 years. Wind sites with low wind velocity make the investment unattractive to developers. Given the current situation, repowering as an investment option, which has already seen favourable response in countries like Germany and Denmark, would start maturing in India. This paper analyzes the present situation of the wind energy in India, evaluates the different wind energy market segments including repowering market, provides financial highlights of the repowering concept and ends with concluding remarks on major triggers which can set this concept in motion.

Suggested Citation

  • Goyal, Mohit, 2010. "Repowering--Next big thing in India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(5), pages 1400-1409, June.
    • Handle: RePEc:eee:rensus:v:14:y:2010:i:5:p:1400-1409
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    Cited by:

    1. Leite, Gustavo de Novaes Pires & Weschenfelder, Franciele & Farias, João Gabriel de & Kamal Ahmad, Muhammad, 2022. "Economic and sensitivity analysis on wind farm end-of-life strategies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
    2. Mani, Swaminathan & Dhingra, Tarun, 2013. "Offshore wind energy policy for India—Key factors to be considered," Energy Policy, Elsevier, vol. 56(C), pages 672-683.
    3. Enevoldsen, Peter, 2016. "Onshore wind energy in Northern European forests: Reviewing the risks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1251-1262.
    4. 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.
    5. de Bona, Jéssica Ceolin & Ferreira, Joao Carlos Espindola & Ordoñez Duran, Julian Fernando, 2021. "Analysis of scenarios for repowering wind farms in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    6. del Río, Pablo & Calvo Silvosa, Anxo & Iglesias Gómez, Guillermo, 2011. "Policies and design elements for the repowering of wind farms: A qualitative analysis of different options," Energy Policy, Elsevier, vol. 39(4), pages 1897-1908, April.
    7. Chakraborty, Sankhadeep & Dwivedi, Prasoom & Chatterjee, Sushanta K. & Gupta, Rajesh, 2021. "Factors to Promote Ocean Energy in India," Energy Policy, Elsevier, vol. 159(C).
    8. Himpler, Sebastian & Madlener, Reinhard, 2011. "Repowering of Wind Turbines: Economics and Optimal Timing," FCN Working Papers 19/2011, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).

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