The current state of India’s offshore wind industry and its drivers have been summarised in an article by IT Power in the spring edition of the Energy Industries Council’s Energy Focus magazine. The article, written by Mark Leybourne who leads IT Power’s offshore wind work in India, provides insights into the ambitions of the Indian Government and the progress currently being made to realise the country’s first offshore wind project, which is likely to generate power early in the 2020s.
A key point from the article is that India will inevitably become the world’s most populous country and, by 2040, India’s power system will need to quadruple in size in order to meet demand. This demand cannot be met solely by conventional renewables such as hydro, onshore wind and solar PV – offshore wind will certainly contribute to India’s electricity mix.
IT Power is completing a year long, UK Foreign and Commonwealth Office funded project that has provided support to the Government of India in the formation of its offshore wind industry. The project has delivered a concession competition process for new offshore wind projects and a financial model to better estimate the costs of future Indian projects. The project team has also provided guidance on industry strategy, offshore electrical transmission, low cost financing sources and options for generation based support mechanisms.