India is one of the largest economies of the world and one of the fastest growing countries in terms of energy consumption. There is always an ever-increasing thirst of power and energy. Currently, we have an installed power generation capacity of 185.5 GW out of which renewable energy accounts for 10.80%. At the same time we are heavily dependent on fossil sources of energy to meet our demands. Most of the domestic energy demand is met through the 106 billion tonnes of coal reserves.
However, there has been a rapid growth in deployment of clean and renewable energy projects in the country in the past few years. According to MNRE, a total installed capacity of over 10,400 MW has been added from various renewable power generation projects during the last three years. This comprises of 7,112 MW wind power, 965 MW hydro power, 1,414 MW bio-power and 940 MW solar power.
India has tremendous potential to harness energy from its renewable resources, the reason being the abundance in wind, hydro, biomass and solar energy. The country has an estimated renewable energy potential of around 85,000 MW from commercially exploitable sources: Wind, 45,000 MW; small hydro, 15,000 MW and biomass/ bio-energy, 25,000 MW. In addition, India has the potential to generate 35 MW per square km using solar photovoltaic and solar thermal energy.
Despite the enormous potential, only a fraction of it has been realized so far. It is only a matter of time before we run out of our coal and oil reserves. The need of the moment is to shift our focus to alternative sources of energy which are clean and green. The government of India is taking initiatives to promote the harnessing of renewables and spread awareness. New age scientists continue to pioneer green initiatives to reduce the burden on fossil fuels that will lead to a better tomorrow.
What further initiatives do you think are required to enhance the implementation of renewable energy in India? Let us know.