Thursday, November 29, 2012

Offshore wind potential of TN is 127GW: Report

Chennai:
The offshore wind potential of Tamil Nadu is estimated at 127 GW and the state is likely to take a lead in harnessing offshore wind resources by installing 100 metre mast for wind measurement in Dhanushkodi, according to a study.
The report ‘Wind Energy Outlook 2012’ which was released here on Tuesday by Union Minister New and Renewable Energy Dr Farooq Abdullah on Tuesday states that the government is planning to prepare a time-bound action plan for the development of offshore winde energy in coastal states and a policy and guideline for offshore wind are likely to be announced by the ministry of new and renewable energy.
The study also stated that India is the third largest annual wind power market in the world and provides great business opportunities for both domestic and foreign investors.
It also stated that 89 GW of wind power could be installed by 2020 up from almost 18GW. “This will attract around $16.5 billion annual investment and create 179,000 green collar jobs and save 131 million tones of carbon-dioxide every year,” the report said, adding that by 2030 the installed capacity will be 191 GW.
The report states that the Indian wind sector experienced its strongest growth ever with over 3GW of new installations.
The report also stated that some of the utilities like TANGEDCO delayed feed in tariff payments to wind power generators by over a year affecting investor confidence in the sector.
The report also highlighted the need to modify technical training and academic curriculum to provide trained manpower for the sector which has a huge potential to create jobs.

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