Growth Rate Analysis of Wind Turbine Industry in India

This study examines the relationship between the technology policy and industrial development of the wind turbine Industry in various Indian states and India. The electric power sector will be a primary target for deep reductions in CO2 emissions because electric power plants are among the largest and most manageable point sources of emissions. With respect to new capacity, wind power is currently one of the most inexpensive ways to produce electricity without CO2 emissions and it may have a significant role to play in a carbon constrained world. Yet, most research in the wind industry remains focused on near term issues, while energy system models that focus on century-long time horizons undervalue wind by imposing exogenous limits on growth. This study fills a critical gap in the literature by taking a closer look at the importance, growth and tariff of large-scale wind power.