Sectoral Capsule - The Wind Energy Scenario in India
The Indian energy sector is greatly dominated by the demand for coal. This dependence is due to the fact that more than XX percent of the total installed electricity-generation capacity in the country is coal based. India is the fourth-largest end user of crude oil and natural gas in the world after the US, China and Russia. The share of coal and petroleum production is expected to be around XX percent of the overall energy production in India and around XX percent in total commercial energy supply by 2022. According to the Twelfth Five Year Plan (2012-2017), the demand for coal is expected to increase to XX metric tonnes (MT) while domestic production is set to reach XX MT, creating a demand-supply gap.
The development of wind power in India began in the 1990s, and has progressed steadily in the last few years. The short gestation period for installing wind turbines, coupled with their increasing reliability and performance, has made wind power a favoured choice for capacity addition in India. Till May 2013, India’s wind energy capacity stood at XX MW. The country’s total wind energy potential has been estimated at XX MW. According to the Policies Scenario of the World Energy Outlook (2011), the total power capacity in India is projected to reach XX Giga Watt (GW) by 2035, with a compound annual growth rate (CAGR) of over XX percent.
Growing faster than solar energy, wind power currently accounts for more than XX percent of the total grid-interactive renewable capacity in the country. Wind-power generation in India has grown considerably over the years to reach XX MW in 2013 compared to XX MW in 2007. With the severe need for electrification and energy production, wind energy is going to provide an increasingly significant share of the renewable based capacity.