Wind Energy Market Analysis Current Scenario in India and Trends by 2025
Wind Energy Market Analysis Current Scenario in India and Trends by 2025
Wind Energy Market Analysis Current Scenario in India and Trends by 2025
2019-2020
FAZAL RAFIQ PUNEWALE
MBA II
“WIND ENERGY MARKET ANALYSIS CURRENT
SCENARIO IN INDIA AND TRENDS BY 2025”
RENEWABLE ENERGY MARKET
OUTLOOK - 2025
• The global renewable energy market was valued at $928.0
Billion in 2017, and is expected to reach $1,512.3 Billion by
2025, registering a CAGR of 6.1% from 2018 to 2025.
RENEWABLEMARKET ENERGY
SEGMENTATION
140
120
100
billion units
80
60
40
20
0
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Series 1 65.78 81.51 101.84 107.22 112.6 117.98 123.33 128.71 134.09 139.47
Increasing Investments – FDI Investments Inflows
Series 1
16
14
12
10
% of FDI
0
200520062007200820092010201120122013201420152016201720182019202020212022202320242025
Series 1 3.2 5.4 6.4 5.8 4.3 9 14 8.1 6.8 8.5 9.9 14 11 7.5 7.8 8.5 9.8 10 12 14 15
INCREASE IN REVENUES OF INDIA-
THE CAGR UPTO 2025CAN BE
INCREASED TO 14.323%
Series 1
180
160
140
120
revenue(billion units)
100
80
60
40
20
0
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Series 1 35 39 45.9 57.2 69 77.6 90.1 102.6 115.1 127.6 140.1 152.6
BASED ON INSTALLATION OF WIND
MILL
BASED ON INSTALLATION
ON -SHORE OFF-SHORE
India aims to install 30,000 megawatt of offshore wind power by 2030.
Benefits of Wind Energy generation
• environmental pollution
• Cheapest sources of electrical energy
• payback period.
• O&M costs
• No marketing risks
• creates employment, regional growth and
innovation
• Fuel source is free
Essential requirements for a wind farm
• Availability of wind
• Availability of land and water bodies
• good soil condition
• power grid/ distribution
• Scientifically prepared layout
Market drivers
GOVERNMENT COMMITMENTS
KEY
DRIVERS
FAVOURABLE POLICIES
INVESTMENTS
AND INCENTIVES