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Friday, May 18, 2012

Renewable Energy India 2012 Expo from Nov 7-9

The 6th Renewable Energy India 2012 Expo will be held from November 7-9, 2012 at the India Expo Center, Greater Noida. Being organised by UBM group, the expo is estimated to attract more than 650 exhibitors and over 20,000 trade visitors from across the globe.

 
Leading manufacturers of solar energy, wind energy, bio energy, hydro energy, geothermal energy and energy efficient equipment will be exhibiting their products in the three-day expo, which will provide the best industry insights from eminent experts.

With over 2,500 energy professionals expected to attend, the conference aims to foster a dialogue and address the key issues involving energy security, technological advancements and challenges in securing finance;  discuss the efforts required to mainstream renewables whilst developing a low-carbon pathway;  build a credible portfolio of contacts with key decision makers and network with top industry players.

Renewable energy in India

Global installed power generation capacity is estimated at 5000 GW, of which India accounts for about 174 GW. The demand for power has been increasing in India due to the growth in the Country’s economy. Over the last 10 years, energy and peak demand shortage averaged around 8% and 12%, respectively.

Renewable energy accounts for 11% of the total power generation of 170 GW installed in India. Wind energy, with an installed capacity of 14 GW, accounts for the bulk of installed renewable energy capacity in India. There is significant untapped potential in areas such as off-shore wind as well as tidal and geothermal energy.

India is among top five destinations worldwide for solar energy development as per Ernst & Young’s renewable energy attractiveness index.  The availability of abundant solar energy enables organisations to meet the energy challenge and provides an opportunity to offer new and cost effective solutions. India has today only around 33-35 grid interactive solar photovoltaic power plants with aggregate capacity of around 2-2.5 MW, that generate around 2.5 million units of electricity in a year, in sharp contrast to the estimated potential of 50,000 MW (assuming a generation of 20 MW per square km).

Most of the existing capacity today is off-grid and for standalone applications in lighting, telecommunication, small power requirements, battery charging, water heating, cooking etc. There are currently around 14-15 lakh solar PV systems in operation and around 6 lakh solar cookers in use. Around 200,000 square meter collector area has been installed for solar water heating applications.
Wind energy is poised to become the mainstay of the Indian renewable energy sector over the short to medium term. 

Wind is by far the largest renewable energy segment in India, contributing 70% to the total renewable energy-based installed capacity. The installed capacity of wind energy has grown at a healthy CAGR of 19% over the last few years to reach 15 GW at the end of March 2011.

wind is likely to play a crucial role in achieving the target of generating 15% of the electricity produced in the country through renewable energy sources by 2020, as envisaged in the National Action Plan on Climate Change.

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