Renewable Energy – Sources for Fuels and Electricity
The world economy is expanding and so is the demand for power. In this scenario, we have to be very careful and economical with the use of finite energy resources. But, even if we put strenuous efforts into the efficient use of available natural resources, we won’t be able to meet our power demands for long. We’ve to have some alternatives in place.
Renewable energy in India is, however, in its infancy. Not much has been done and achieved so far. New policies need to be framed by the government and concerned authorities to encourage solar and wind power companies to set-up plants in the country.
Exploring the untapped renewable energy in India will help us in two ways: first, this will reduce our dependency on conservative resources, such as coal and natural gas and also provide us environmental benefits, like reduction in air pollution and reduced carbon footprints.
So, how our future (which will be characterized by the intensive usage of renewable sources) may look like?
We’d have an eclectic range of energy sources, such as hydroelectric power, wind and solar power, biomass power, and geothermal power.
We’d be making effective and efficient use of both natural as well as renewable sources.
Biomass would be playing a much more significant role in energizing the industry as well as households.
Intermittent sources (solar, wind, etc.) would be used for power generation for various uses.
The power business in India would offer new choices and competition for domestic as well as international players in the industry.
However, the transition to a renewables-intensive future may not take place at a pace as envisaged because of the factors, like costs involved in setting up a solar or wind plant and the uncertainty that comes with renewable energy.