Market Research Reports - Ken Research Renewable Energy Resources Market Research Report | Página 2

radioactive wastes which need to be handles for many years and any simple accident can cause human genetic mutations.
Majority of the rural population utilize traditional fuels such as wood, crop residue and animal manure cakes for their daily energy needs. However, combustion of these traditional fuels release poisonous gases and time consuming while collecting such fuels. Biopower ranks second in India’ s energy sector with wind energy dominating and the country ranks fifth in renewable power globally. There are many standalone power plants in India based on wind, solar, biomass energy that are confined to a specified location, industry and many remote areas. Biopower is generally derived from agricultural residue such as husk, shell, strew, and deoiled cakes obtained after oil extraction. Domestic waste is also utilized to extract energy through various processes.
The renewable energy resources are expensive compared to the conventional energy resources. It was observed that the costs of clean energy such as wind and solar energy are deflating from few years. The introduction of clean energy resources has encouraged the Indian population to use portable solar cookers. Therefore, the clean energy sector is growing rapidly from the recent years. At few places, both wind and solar power plants are installed as two in one plants. This power is stored in batteries and Morni Hills in Haryana is first such plant. Solar panels were very expensive in the recent years exhibiting a very poor performance in solar energy sector. With falling prices the photo voltaic panels are now affordable with increased competitors. India’ s largest solar plant is located in Madhya Pradesh and generates electricity for low price.
India has various fuels available for the power market and also has many established power plants with huge capacity. It was observed that Indian population in the rural areas are attracted towards the biopower because of huge availability of biomass, increase in employment rate, and cheapest energy source for low income group. These factors may attract establishment of several biopower projects to overcome the nation’ s energy requirements. The affordable cost of the biopower is sure to drive the energy sector with many investors, while implementing government legislations. Indian biopower sector will witness a drastic growth over the coming years.
Key Topics Covered in the Report: India Biopower Market Research Report Biopower Generation Capacity India Biopower Investments in India