29 May '13, 3pm

India Releases Draft Offshore Wind Energy Policy

India's Ministry of New and Renewable Energy has released a draft national offshore wind energy policy for 2013. The draft policy was written with input from a steering committee on offshore wind energy. According to the draft, onshore wind energy has reached a stage of deployment that makes it competitive with traditional fossil fuel power generation. This level of cost competitiveness is thanks to supportive public policy that has, so far, not been extended to include offshore wind energy, according to the draft. About 5 GW of offshore wind generation capacity is installed worldwide, with an equal amount in development or under construction. Top countries in the offshore wind market include the U.K., Belgium, The Netherlands, Norway, Finland, Denmark, Sweden and Germany. The E.U. set a goal of 40 GW in offshore wind capacity by 2020 and 150 GW by 2030. In India, the top ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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