Renewable Energy Market in India 2014

Transcription

1 Renewable Energy Market in India 2014 Tracking Reinforced Opportunities January 2014 Business Case Analysis Market Report Series- EREP Copyright 2013, All rights reserved

2 Renewable Energy Market in India Research Base A Growth of 28.7% has been observed in the Indian RE capacity over the past decade The upbeat scenario for renewables across the world has triggered the development of renewable sources in India too Exhibit 01: Percentage Share of RES in India in Total Power Generation Portfolio % contribution in the total power generation portfolio % share in the total power generation capacity 13% share in the total power generation capacity ILLUSTRATIVE 2014 Along with the reasons mentioned above the renewable energy sources are now being seen as a big support in bridging the gap of power requirement and its supply. The aggressive development of the non-conventional is now being done with the concept of pulling up the total power generation capacity of the country. It is pertinent to note that the RES contributed nearly 13% of the total generation capacity of the country as on April Exhibit 02: Share of RES in the Total Power Generation Portfolio in FY 2014 ( In GW) ILLUSTRATIVE Source: Research Idealizing the European renewable industry, India too has taken several initiatives in the past to unleash its available renewable potential and is all set to take its renewable energy portfolio to the new heights. Over the last decade the development of renewable energy in India has progressed at a CAGR of 27.87% and is expected to grow even more. The initial ideology behind adopting renewable energy for power generation was to add an environmental friendly source for power generation and to support the electricity supply structure of remote and rural areas. But the shortage of fuel (coal, oil & gas) witnessed by the country over last 7-8 years has expanded the role of non-conventional in the country Source: Research Thermal Hydro Nuclear RES Copyright 2013, All rights reserved

3 Renewable Energy Market in India Research Case The planned investment for wind is likely to hover somewhere around USD Billion and that too for solar is projected to fall between USD Billion by the end of this decade Exhibit 03: Key Take Aways for Renewable Energy Sources in India Key Challenges to be Addressed.. For wind the capacity is likely cross 80 GW by 2020 The sector is likely to witness the entry of players which would follow EPC/EPCM Model A wide market share for domestic manufacturers in the solar segment is anticipated with increase in anti dumping practices New state level policies will push even more players in the solar industry Capacity is projected to reach around GW Capacity for Biomass is projected to reach around GW by end of 2020 Captive Biomass and CHP to be the core centric area Capacity targets for SHPs to be fixed at 20 GW for 2022 ILLUSTRATIVE For Wind Lack of strict enforcement of RPOs in limiting demand for power from RES Weak transmission infrastructure Delays in payment lend financial uncertainty to projects, which dampens investor interest For Solar Anti dumping duties may pull out the support from international manufacturers. Volatility in the exchange rate is expected to put pressure on project financing in the short-term Uncertainty with respect to some state government policies does not well for investor confidence Cumulative RE portfolio to reach upto a capacity of 100 GW by 2020 Source: Research Copyright 2013, All rights reserved

4 Renewable Energy Market in India s DIFFERENCE S Difference Research Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information & analyses S Service Difference Gist of the report in.pdf format for ready use Business Stakeholders/Parti cipants Customized Research Solution Experts Insights/ Market view Validated data & analysis Research & Services Framework Opportunity mapping & Market sizing Research Reports Primary research inputs from F2F interviews Emanates from seamless integration of domain expertise with first hand industry knowledge and customized research solutions at a very competitive cost Free Author support on report & Competitive cost Research Desk First hand sector knowledge & inputs Research reports delivering domain knowledge, market insights & future outlook Copyright 2013, All rights reserved

5 Research Objective Research Results Business Case Analysis Renewable Energy Market in India Research Objective & Results RE Market Series- Tracking the reinforced investment opportunities in the Indian RE Market Renewable Energy Market in India 2014: Tracking Reinforced Opportunities for the power developers, OEMs and other key value chain players in the Indian Renewable Sector. 1. To track the business opportunities in the Indian Renewable sector 2. To find out the state wise investment potential for renewable energy sources in India 3. To track the competitive landscape for the manufacturing players in solar segment 4. To track the competitive landscape for the manufacturing players in the wind segment 1. Potential states for investing in solar 2. Potential states for investing in wind 3. Potential states for investing Biomass 4. Key Risks for the players to invest into the renewable segment in India 5. Opportunity for the key value chain players Copyright 2013, All rights reserved

6 Eccentric Solar Opportunities in India Key Queries Resolved Which are the potential states for setting up solar power plants? Which are the potential states for setting up wind power plants? Which are the potential states for setting up biomass and other RE? What would be the entry strategy for the power developers into the renewable segment? What would be the investment levels by the power plant developers into the renewable segment? Incentives given by the central and state government for ease of doing business? Opportunities for equipment manufacturers Opportunity Track for Power Developers State Wise Potential Opportunities for equipment manufacturers Identifying eccentric opportunities Capacity Track of Renewable Opportunity Track for OEMs Opportunities for PSUs and the savings for DISCOMs What would be the opportunity pie for the OEMs and other key value chain players vis-à-vis wind, solar, biomass and other RE? What would be the parametric evaluation of the players involved into equipment manufacturing in renewable segment? What are the capacity addition targets for the renewable sources in India? Must buy for Solar Power Plant Developers Wind Power Plant Developers Biomass Fired Power Plant Developers Captive Power Developers OEMs Power Traders Power Exchange State Renewable Development Bodies Central Renewable Development Bodies FII s/banks Government bodies Educational Institutions NGOs Consultants Research firms Research Bodies/Institutes Industry associations Research reports delivering domain knowledge, market insights & future outlook Copyright 2013, All rights reserved

7 Contents & Coverage 1. Executive Summary 2. Renewable Energy Market in India, 2014 A Knowhow 2.1 Renewable Energy Portfolio in India: Contribution an d Status in Overall Power Generation Capacity 2.2 Renewable Energy Potential in India 2.3 Development Trends of RES in India : The Past Trends 2.4 Government Support and RES Development in India 2.5 Investment Trends in the RES Market in India 2.6 Financing Mechanism for RE Projects in India 2.7 Development of RES in India and the Global Figures 3. Solar Power in India An Overview 3.1 Current Status of Solar Power in India 3.2 Solar Power Potential in India 3.3 Status of Grid-Interactive Solar Power Capacity 3.4 Status of Off-Grid Solar Power Capacity 3.5 Government Initiatives for Developing Solar Power in India 3.6 Investment Scenario Across the Solar Value Chain in India 4. State Wise Attractive Analysis for Solar Power in India 4.1 Tracking the States with Solar Potential 4.2 Parametric Evaluation of Filtered States 4.3 Ranking for Best Fit States for Investing in Solar Power in India 5. Solar Power Generation in India - Tracking the Players and SWOT Analysis 5.1 Tracking the Major Players Generating Solar Power in India 5.2 Parametric Evaluation of the Players 5.3 Tracking Major Solar Manufacturers 5.4 SWOT Analysis of the Indian Solar Industry Renewable Energy Market in India Wind Power in India- An Overview 6.1 Current Status of Wind Power in India 6.2 Wind Power Potential in India 6.3 Government Initiatives for Developing Wind Power in India 6.4 Investment Scenario Across the Wind Value Chain in India 7. State Wise Attractive Analysis for Wind Power in India 7.1 Tracking States with Wind Potential 7.2 Parametric Evaluation of Filtered States 7.3 Ranking for Best Fit States for Investing in Wind Power in India 8. Wind Power Generation in India : Investment - Sales & SWOT Analysis 8.1 Investment Opportunities in the Indian Wind Segment 8.2 Revenue Stream Options for IPPs and Power Sale 8.3 SWOT Analysis of Indian Wind Power Industry 9. Biomass Segment in India- An Overview 9.1 Current Status of Biomass Capacity Generation in India 9.2 Biomass Potential in India 9.3 Government Initiatives for Harnessing Biomass Capacity in India 9.4 Investment Scenario for Biomass Segment in India 10. State Wise Attractive Analysis and Financing of Biomass Projects 10.1 Tracking State Wise Biomass Potential 10.2 Parametric Evaluation of Filtered States 10.3 Ranking for Best Fit States for Investing in Biomass 11. Financing of Biomass Projects 11.1 Financing Mechanism for Biomass Projects in India 11.2 Key Challenges in Financing of Biomass Projects Copyright 2013, All rights reserved

8 Contents & Coverage Renewable Market in India Associated Cost Economics 12. Small Hydro Segment in India An Overview 12.1 Current Status of Small Hydro Projects (SHP) in India 12.2 State Wise Potential & Status of SHP in India 12.3 Government Initiatives Taken for Developing Small Hydro in India 12.4 Investment Scenario for SHPs in India 12.5 Key Challenges in Developing Small Hydro Segment in India 13. s Findings Copyright 2013, All rights reserved