Future prospects of wind energy in India
Despite
the high installed capacity, the actual utilization of wind power in India is
low because policy incentives are geared towards installation rather than
operation of the plants. This is why only 1.6% of actual power production in
India comes from wind although the installed capacity is 6%. The government is
considering the addition of incentives for ongoing operation of installed wind
power plants.[4]
The Ministry of New and Renewable Energy
(MNRE) has fixed a target of 10,500 MW between 2007-12, but an
additional generation capacity of only about 6,000 MW might be available for
commercial use by 2012.
Recent developments in Wind power worldwide
In the near
future, wind energy will be the most cost effective source of electrical power.
Research is going all around the world to develop more cost effective and
efficient wind turbines. In fact, a good case can be made for saying that it
already has achieved this status. The actual life cycle cost of fossil fuels
(from mining and extraction to transport to use technology to environmental
impact to political costs and impacts, etc.) is not really known, but it is
certainly far more than the current wholesale rates. The eventual depletion of
these energy sources will entail rapid escalations in price which -- averaged
over the brief period of their use -- will result in postponed actual costs
that would be unacceptable by present standards. And this doesn't even consider
the environmental and political costs of fossil fuels use that are silently and
not-so-silently mounting every day.
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