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India's Market Development and Employment Potentials in Renewable Energy and Energy Efficiency

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About the Publication

Title: SE4JOBS : Case Study: India

Authors: Prof. Klaus Jacob, Holger Bär

Published by: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH

Published Date/Place : 2016, Berlin 

Sector: Renewable Energy and Energy Efficiency in the MENA region

Download link: SE4JOBS Good Practice Case Study India 2015.pdf

SE4JOBS Good Practice Case Study India 2015.pdf

Summary

The case study analyses wind and solar power development as well as the strategy and policy instruments to foster energy efficiency in industry, buildings and households in India. The country provides excellent natural conditions for the production of energy from wind and solar resources, and its National Solar Mission had started with high hopes. A number of problems related to the implementation of policies have however slowed the development and have created insecurity among investors in recent years. But the 2015 upward revision of the official RE goals has shaken up the entire sector and is likely to provide another push for RE and EE in India. Given the implementation problems in the past, it remains to be seen if the very ambitious new targets can be met. Even if not, the level of ambition displayed is likely to boost investor confidence and accelerate domestic markets, manufacturing and employment – largely due to the enormous amount of announced expansion of RE power generation. This trend is supported by falling generation costs for solar and wind power on the one hand and growing prices for fossil imports on the other.

Further Information

This publication is part of the series of publications in the scope of Sustainable Energy for Jobs (SE4JOBS) project by the RE-ACTIVATE (“Employment Promotion through Renewable Energy and Energy Efficiency in the Middle East and North Africa”) project. Also check out the following case studies:

Reference

This article is part of the RE-ACTIVATE project. RE-ACTIVATE “Promoting Employment through Renewable Energy and Energy Efficiency in the MENA Region” is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Ministry for Economic Cooperation and Development (BMZ).