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 PAPER & ABSTRACT: Mr. Ravindra Utgikar


These days open any daily or periodical you are likely to come across articles and columns on Climate change, its dire consequences and what we as a global community can do about it. Climate change is complicated and alarming predicament. Everyone is eagerly awaiting outcome of the December summit in Copenhagen, widely known as COP15, where global leaders around the world together with scientist, policy makers and environmentalist hope to make path breaking progress on how we as a global community deal with issues related to climate change. Cutting green house gas emission makes both environmental as well as economic sense. Challenges such as energy supply security and the volatility of fossil fuel prices have become critical all over the globe. To meet ever growing energy demands, the world needs to fundamentally reassess the way it generates and uses energy. In this scenario the world can not afford to stick to the ‘Conventional’ energy development path, relying on fossil fuels, nuclear etc.

Wind energy has emerged as a leading techno-commercially viable option on a commercial scale amongst various Renewable energy sources. Wind energy being free from any pollutants such as green house gases and fuel free has emerged as one of the most attractive solution to the World’s energy challenges. Moreover wind is indigenous and helps to cope up with the energy security.

Suzlon is Asia’s largest integrated wind turbine manufacturer, ranked 4th largest worldwide. Suzlon is market leader in India since past 9 years in succession and today it has market share of over 11% of the global wind energy sector. Suzlon has been committed to a clean and green environment ever since its existence, just over a decade. Suzlon has strong presence across 5 continents, in over 22 countries; USA, china, India and Europe being the priority & focus market. Suzlon provides end to end wind power solution i.e. concept to commissioning and care for life, through cohesive integration of design, engineering, manufacturing, installation, operation and maintenance.

Wind energy is rapidly developing into a mainstream power source, notwithstanding fierce challenges faced from strong coal lobby and lack of conducive framework & policy mechanism in many countries,. Cumulative installed capacity world wide today stands at an 122GW just under 3% of global installed generation capacity but in a decade from now it is expected to jump to 14% or 834GW. Over 60 countries have harnessed wind power and many more counties are embracing wind by laying out ambitious plans for renewable energy.

Wind energy has a vital role to play as secondary energy that acts as hedge particularly for peak load conditions as it can never substitute primary sources of energy. World’s leading conventional utility Cos and Oil & Gas MNC’s major investors, FIIs have stepped forward to invest in wind power today. Wind power today has not remained merely a Green Branding’ instrument but it has become hallmark of environmentally savvy and socially responsible investment.

 

 
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