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Exploring the impact of cross subsidy on growth of renewable energy generation capacity in India

Exploring the impact of cross subsidy on growth of renewable energy generation capacity in India In last few years a very rapid growth has been seen in renewable energy generation capacity addition in India. There can be number of factors which are helping in this growth and exemption of cross subsidy surcharge for open access consumers for purchasing power from renewable energy sources might also be one of them. It is required to assess the impact of cross subsidy in the growth of the renewable energy in the country as policy makers have decided to reduce cross subsidy level to make tariff sustainable for industrial and commercial consumers and in that case it may impact the current growth rate of renewable energy. This study uses the panel data of state wise renewable generation capacity and cross subsidy levels over the years. As per results cross subsidy has a significant positive impact on growth of renewable energy capacity addition. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Interdisciplinary Environmental Review Inderscience Publishers

Exploring the impact of cross subsidy on growth of renewable energy generation capacity in India

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1521-0227
eISSN
2042-6992
DOI
10.1504/IER.2020.112592
Publisher site
See Article on Publisher Site

Abstract

In last few years a very rapid growth has been seen in renewable energy generation capacity addition in India. There can be number of factors which are helping in this growth and exemption of cross subsidy surcharge for open access consumers for purchasing power from renewable energy sources might also be one of them. It is required to assess the impact of cross subsidy in the growth of the renewable energy in the country as policy makers have decided to reduce cross subsidy level to make tariff sustainable for industrial and commercial consumers and in that case it may impact the current growth rate of renewable energy. This study uses the panel data of state wise renewable generation capacity and cross subsidy levels over the years. As per results cross subsidy has a significant positive impact on growth of renewable energy capacity addition.

Journal

Interdisciplinary Environmental ReviewInderscience Publishers

Published: Jan 1, 2020

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