Renewable energy technologies are witnessing a fast-paced growth globally at 8.
The offshore wind industry has significant potential as a long-term solution.
Offshore wind trends are going to blow faster and steadier as compared to onshore wind.
India’s energy demand is expected to grow at about 3% per annum till 2040, which necessitates the development of more clean power sources to fulfil this demand.
India is endowed with a 71 GW offshore wind potential, as per the assessment by the National Institute of Wind Energy (NIWE), but the country is yet to set up its first offshore wind plant.
Despite its enormous potential, India has thus far lagged behind its global peers with no installed offshore wind capacity in the country despite the international market size reaching close to 75 GW.
The Indian government has made commendable strides in promoting renewable energy (RE), including setting an ambitious target to auction 37 GW of offshore wind capacity by 2030.
An interview to answer some key questions on offshore wind technology, policy and potential.
The Government of India has set ambitious goals to ramp up a range of clean technologies by 2030 to increase energy independence, security, and access while promoting industrial development and reducing air pollution and GHG emissions.
