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Barriers to Renewable Energy in India

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Barriers to implement renewable energy sources in India
Role of renewable energy in India
India has recently been moving strongly towards renewable energy sources making it a leader in renewable energy technology applications. India has also set aggressive targets for adding more capacity in using renewable energy sources. The target set by the government is to be able to generate 55GW by the end of 2022 (13th five-year plan). Renewable energy technologies in India can be divided to near commercial and commercial technologies and emerging technologies. An example of the first one would be wind, hydro power or biomass and the emerging technologies include e.g. solar thermal and biofuels that take more time to develop.
However yet today the renewable energy sources add-up only under 10% of total installed power capacity in the whole country. The main reason India is striving so hard to improve its capacity is that the country suffers from severe electric shortage. It is also evident since it is expected to run out of coal in the next 50 years with the current usage. India also needs to reduce its emissions to maintain an acceptable carbon emission level.
The potential for renewable energy in India is huge and the use and capacity are expected to continue increasing in the future with advances in technologies and ways of exploiting the available resources. Wind and solar power are estimated to hold the most potential as energy sources in the future.

Barriers
However there are still barriers in India that hinder it from fully taking advantage of its potential renewable energy sources. Financial barriers are notable since realistic cost benefit analysis of renewable energy projects remain to be a challenge in some parts of India, which causes many such projects to fail. Also the lack of financial resources makes it often difficult to commercialize renewable

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