Article Details

A study of Renewable Energy Policies and Regulatory Framework on Environment Protection | Original Article

Suresh Kumar*, Nempal Singh, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

ABSTRACT:

India is a nation currently the country is undergoing significant economic progress while the changing economy is thrusting on surplus electrical power. Every year, the grid could further slowdown population growth, economic growth and the demand for electricity. Consequently, it is vital to intensify the installed power. India currently faces enormous challenges to meet its energy requirements, and current energy arrangements are inherently unsustainable. India has to sustain its economic development rate of 8,2 percent and satisfy its citizens' basic energy needs to expand energy supplies by three to four times and increase its capacity to generate power by between five and six times compared to 2003-04 levels, in order to eliminate poverty. Furthermore, the current capacity of around one lake and fifty thousand MW in India must reach almost Euit Lakhs MW by 2031. Meeting the energy sector challenges is essential for the financial development of India and ensuring the country's energy security. Conventional energy sources are limited and insufficient to meet current energy requirements it is therefore cautious to develop all alternatives available. While significant growth in the deployment of renewable energy has been apparent in the past decade and renewable power generation has been rapidly increasing, current figures are not sufficient to address energy security problems, energy reliance on fossil fuels, environmental protection issues and social equity. Even after the huge potential is realized, India has been given an abundance of renewable resources, while renewables still account for only 17 per cent of the country's total installed capacity. At the same time, sufficient importance must be attached to energy efficiency and conservation. In particular, measures shall be taken to enhance efficiency, transmission and distribution of electricity. A supportive policy and regulatory environment is necessary in order to encourage green growth, because a competent legislative framework has always been the main promoter of technological change in a country.