renewable energy India

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(No Transcript)
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Title Can Renewables Replace Fossil Fuels For A
Cleaner Future?

• Summary heres a look at three important
  renewable energy facts that you need to be aware
  of.
• Even as negotiators from the developed and
  developing nations haggle to wrap up a global
  agreement to curb climate change at the crucial
  Paris summit, heres a look at three important
  facts about renewable energy projects and
  resources that you need to be aware of
• Its a lot cheaper than you think
• Without subsidies and without factoring in
  negative externalities of fossil fuels, renewable
  resources are already cheaper than traditional
  generation in many places. For example, wind
  energy has been consistently priced at approx 5
  cents USD per KWH or lower in the best locations.
• In 2013, power purchase agreements in the central
  US were found to average about 2.1 cents USD per
  KWH. This included approx 10 years of 2.3 cents
  per KWH tax credits from the PTC. Other countries
  like Brazil have also managed to be steady at
  approx 5 cents USD per KWH LCOE for three years
  at an average at its auctions.
• In Europe, offshore wind is priced at about 10
  cents per KWH at an average, and sometimes lower
  at 8 cents, based on up to 77 capacity on its
  biggest wind farms, which are known to average at
  over 50 consistently.

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• Grid integration is not as tough as it looks
• Denmark received 34 of its total generation from
  wind last year and is known to touch cent percent
  on windy days. Germany, Europes largest economy
  is also known to regularly generate 100 of its
  energy needs from the wind and solar sectors.
• In 2014, Spain generated its maximum energy from
  the wind energy sector. Texas (USA), frequently
  caters to more than 25 of its energy demand from
  wind alone. Countries and states like the above
  have experienced a gradual improvement in grid
  reliability by leveraging renewable energy
  sources.
• It doesnt need massive storage immediately
• Wind and solar energy projects are already
  generating a larger percentage of the world's
  energy every year, and reducing the dependence on
  traditional fossil fuel-based energy generators
  in the process.
• Wind and solar clearly have the capability to
  provide for most of the worlds energy needs in a
  clean and sustainable manner. By incorporating
  the relevant storage technologies, they can also
  be utilized to provide cheaper energy during peak
  demand hours, thereby enhancing grid reliability
  and improving overall economic productivity.
• Welspun Renewables is on a mission to hasten the
  development of wind and solar energy by
  efficiently leveraging Indias abundant renewable
  resources.

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Awards

• GLOBAL SOLAR ENERGY LEADERSHIP AWARD 2015

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Contact Us

• MUMBAI406, Hubtown Solaris, NS Phadke
  Marg, Andheri East, Mumbai - 400069,Phone
  91-022-61408000Fax [phone]
• NEW DELHI3rd Floor, Press Trust of India
  Building. 4 Parliament Street, New Delhi -
  110001Phone [phone]Fax
  91-011-66273091
• General Enquiries
• Email welspunenergy_at_welspunenergy.com
• Website http//www.welspunrenewables.com