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renewable resources


Renewable energy sources like largest welspun solar & wind energy projects and renewable resources are developed by Welspun Renewables. – PowerPoint PPT presentation

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Title: renewable resources

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Title Can Renewables Replace Fossil Fuels For A
Cleaner Future?
  • Summary heres a look at three important
    renewable energy facts that you need to be aware
  • Even as negotiators from the developed and
    developing nations haggle to wrap up a global
    agreement to curb climate change at the crucial
    Paris summit, heres a look at three important
    facts about renewable energy projects and
    resources that you need to be aware of
  • Its a lot cheaper than you think
  • Without subsidies and without factoring in
    negative externalities of fossil fuels, renewable
    resources are already cheaper than traditional
    generation in many places. For example, wind
    energy has been consistently priced at approx 5
    cents USD per KWH or lower in the best locations.
  • In 2013, power purchase agreements in the central
    US were found to average about 2.1 cents USD per
    KWH. This included approx 10 years of 2.3 cents
    per KWH tax credits from the PTC. Other countries
    like Brazil have also managed to be steady at
    approx 5 cents USD per KWH LCOE for three years
    at an average at its auctions.
  • In Europe, offshore wind is priced at about 10
    cents per KWH at an average, and sometimes lower
    at 8 cents, based on up to 77 capacity on its
    biggest wind farms, which are known to average at
    over 50 consistently.

  • Grid integration is not as tough as it looks
  • Denmark received 34 of its total generation from
    wind last year and is known to touch cent percent
    on windy days. Germany, Europes largest economy
    is also known to regularly generate 100 of its
    energy needs from the wind and solar sectors.
  • In 2014, Spain generated its maximum energy from
    the wind energy sector. Texas (USA), frequently
    caters to more than 25 of its energy demand from
    wind alone. Countries and states like the above
    have experienced a gradual improvement in grid
    reliability by leveraging renewable energy
  • It doesnt need massive storage immediately
  • Wind and solar energy projects are already
    generating a larger percentage of the world's
    energy every year, and reducing the dependence on
    traditional fossil fuel-based energy generators
    in the process.
  • Wind and solar clearly have the capability to
    provide for most of the worlds energy needs in a
    clean and sustainable manner. By incorporating
    the relevant storage technologies, they can also
    be utilized to provide cheaper energy during peak
    demand hours, thereby enhancing grid reliability
    and improving overall economic productivity.
  • Welspun Renewables is on a mission to hasten the
    development of wind and solar energy by
    efficiently leveraging Indias abundant renewable


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