Volume : IV, Issue : XII, December - 2015

RENEWABLE ENERGY MARKET IN INDIA AN OVERVIEW

S. Venkatesan, Dr. M. Lakshmi Bala, Dr. N. Sumathi

Abstract :

The potential of renewable energy sources is enormous as they can in principle meet many times the world’s energy demand. Renewable energy sources such as biomass, wind, solar, hydropower, and geothermal can provide sustainable energy services, based on the use of routinely available, indigenous resources. A transition to renewable–based energy systems is looking increasingly likely as their costs decline while the price of oil and gas continue to fluctuate. It is becoming clear that future growth in the energy sector will be primarily in the new regime of renewable energy Because of these developments market opportunity now exists to both innovate and to take advantage of emerging markets to promote renewable energy technologies, with the additional assistance of government. This paper gives an overview of the renewable energies in India while evaluating the current status, major achievements and future market opportunities of renewable energy in India.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

S.VENKATESAN, Dr.M.LAKSHMI BALA, Dr.N.Sumathi Renewable Energy Market in India – an Overview International Journal of Scientific Research, Vol : 4, Issue : 12 December 2015

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