Market Research Reports - Ken Research Renewable Energy Resources Market Research Report | Seite 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