Locating a Wind Energy Project: A Case of a Leading Oil and Gas Producer in India

Neeraj Sharma and Rajat Agrawal

Vision, 2017, vol. 21, issue 2, 172-194

Abstract: Energy has been considered a major driver for socio-economic development. Its major generation has been from fossil fuels that are expected to get depleted rapidly over the next few decades. Hence, there is an urgent need for shifting reliance to renewable sources of energy for sustainability. In view of this urgent need, a leading oil and gas producer in India desired assessing an optimum and financially feasible location for setting-up a wind power project in India. Recognizing this need, this work attempts to assess various factors for deciding the Indian state to locate a wind energy project. Apart from site location specific factors, machine factors, energy market, incentives and exemptions play a key role in aiding this decision. However, considerable variations in the wind energy policy incentives of various Indian states complicate this facility location decision. Thus this work compares the wind energy policies of five operationally feasible states in India through a critical evaluation of financial feasibility of setting up a wind power project in those states. The methodology illustrated is replicable and can also be used to compare wind energy policies across other states and geographical locations. They also provide a basis to the governments to adopt the attractive prevalent practices in terms of incentives to promote renewable energy such as wind.

Keywords: Renewable Energy; Wind Energy Policy; Incentives; Sustainability; Facility Location; Financial Feasibility (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0972262917709390 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:vision:v:21:y:2017:i:2:p:172-194

DOI: 10.1177/0972262917709390

Access Statistics for this article

More articles in Vision
Bibliographic data for series maintained by SAGE Publications ().