EQ International #11 Jan/Feb 2012 Edition

Page 55

Future And Scope Of Renewable Energy Resources In India Alstom

All across the world, the need to support burgeoning populations and development while limiting adverse impacts on the environment and achieving the economies of scale has begun driving a paradigm shift in policy and investment. Developed nations like the USA, UK, Germany, France and Japan and the all other developing nations are taking initiatives to tap the potential of renewable energy sources. This is why, India, while striving to bridge its energy deficit is necessarily increasing its share of clean, sustainable new and renewable energy sources. India is the 4th largest country with installed power generation capacity in renewable energy. This means that the country has tremendous potential and needs to harness energy from such sources. The chief sources of Renewable energy in India are Wind, Solar, Hydro, Biomass/Biomass, Bio-Fuel and conversion of waste to energy. But there is huge potential in Ocean and Tidal Energy too.

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EQ INTERNATIONAL January/February 12

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