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Potential of wind power projects under the Clean Development Mechanism in India
Pallav Purohit1, Axel Michaelowa
1Research Programme on International Climate Policy, Hamburg Institute of International Economics (HWWI), Neuer Jungfernstieg 21, D-20347 Hamburg, Germany. pallav1976@yahoo.co.in.
Carbon Balance and Management
|August 1, 2007
Summary
India
Area of Science:
- Renewable Energy
- Climate Change Mitigation
- Sustainable Development
Background:
- Wind power capacity in India is significantly underutilized (
- High investment costs represent a major barrier to wind power project development.
- The Clean Development Mechanism (CDM) incentivizes emission reduction projects in developing countries, promoting sustainable development.
Purpose of the Study:
- To estimate the CO2 mitigation potential of wind energy in India.
- To assess the role of the Clean Development Mechanism (CDM) in accelerating wind power adoption.
- To project future Certified Emissions Reductions (CERs) from wind power projects.
Main Methods:
- Utilized theoretical potential calculations for CO2 mitigation.
- Applied realistic diffusion assumptions based on past government programs.
- Projected annual CER volumes for 2012 and 2020.
Main Results:
- India possesses a vast theoretical potential for CO2 mitigation through wind energy, with annual Certified Emissions Reductions (CERs) potentially reaching 86 million.
- Realistic projections indicate annual CER volumes of 41-67 million by 2012 and 78-83 million by 2020.
- Wind power projects under the CDM can displace significant greenhouse gas emissions.
Conclusions:
- Without intervention, wind power project dissemination in India is unlikely to reach its maximum potential within 15 years.
- The Clean Development Mechanism (CDM) can accelerate the utilization of wind power potential.
- Supportive policies are crucial for maximizing wind power's contribution to emission reduction and sustainable development.
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