Solar can save you Money

Solar can save you money 

Ramesh Shivanna. 

Environmentalist



Coal was the primary fuel source for Indian electric utilities. Researchers found that increasing renewable and distributed generation energy sources can save Indian electric consumers money.
As renewable energy technologies and access to distributed generation like residential solar panels improve, consumer costs for electricity decrease. Making electricity for yourself with solar has become more affordable than traditional electricity fuel sources like coal.
However, the state Discoms utility fuel mixes are slowly shifting away from fossil fuels toward Renewable resources. India has Installed capacity of 25 GW of solar power plants in the utility scale apart from the distributed  power generations as on today.

Some states utilities are even shifting their portfolios to include large-scale solar and wind generation. And some of the states are focussing on distributed generation systems. 

As per the studies, If residential customers produce their own electricity with Solar Photovoltaic , they can see the savings of Rs 5.50 per Kilowatt Hour(Unit) in Karnataka. Assuming average residential consumer uses 700Units monthly, this is a savings of Rs 3850 per utility bill. Government is encouraging the decentralised solar power since it will directly impact on the power peak demand in day time from thermal generation. Which further reduces the Peak demand and the corbon footprint. 

The solar Mission from Ministry of New Renewable Energy (MNRE) is changing the energy scenario in the country. The renewable energy capacity is getting added every year. As on 31 March 2018 the Indian Renewable energy generation is
  • Wind Power: 34,046 MW (49.3%)
  • Solar Power: 21,651 MW (31.4%)
  • Biomass Power: 8,701 MW (12.6%)
  • Small Hydro Power: 4,486 MW (6.5%)
  • Waste-to-Power: 138 MW (0.2%)


India is heading towards one of the countries with the largest production of energy from renewable sources. In the electricity sector, renewable energy (excluding large hydro) accounted for 20% of the total installed power capacity (71.325 GW) as of 30 June 2018.Large hydro installed capacity was 45.29 GW as of 31 March 2018, contributing to 13% of the total power capacity. Unlike most countries, India does not count large hydro power while accounting for renewable energy targets as it comes under the older Ministry of Power instead of Ministry of New and Renewable Energy. Thus, renewable energy including large scale hydro-power currently adds up to more than 33% of the total installed power capacity in India. MNRE has set a revised target of 100GW solar 75 GW Non-solar by 2022. India is running one of the largest and most ambitious renewable capacity expansion programs in the world. Newer renewable electricity sources are projected to grow massively by nearer term 2022 targets, including a more than doubling of India's large wind power capacity and an almost 15 fold increase in solar power from April 2016 levels. Such ambitious targets would place India among the world leaders in renewable energy use and makes the India shining. 

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