Renewable energy transmission is the process of transporting electricity generated from renewable sources such as wind, solar, hydro, and geothermal power from the point of generation to the site of consumption. With the increased emphasis on decreasing carbon emissions and switching to sustainable energy, renewable energy transmission has become extremely important.
One of the main advantages of renewable energy transmission is that it enables the integration of renewable energy sources into the grid, increasing the accessibility of clean energy to a wider range of people. By offering a reliable and regular supply of electricity and lowering dependency on fossil fuels, the transmission of renewable energy also aids in grid balancing.
Another significant advantage of renewable energy transmission is that it enables the development of renewable energy sources in remote places where they are frequently abundant but inaccessible to people. Wind power, for example, is frequently generated in coastal locations, but the energy may be transferred to population centers where it is required.
Renewable energy transmission, on the other hand, may also confront a plethora of challenges. The expense of constructing new transmission lines, which can be costly and time-consuming, is one of the largest obstacles. Additionally, towns and environmental organisations can oppose the building of new transmission lines, which would cause implementation delays.
The following are the major difficulties faced by India in Renewable energy transmission:
Given how quickly the sector is expanding, it is urgent to reduce the amount of coal used in energy generation.
Given how quickly the sector is expanding, it is urgent to reduce the amount of coal used in energy generation.
Development objectives - Rising demand is being driven by India's rapidly developing economy and rising per-capita power usage.
In the past, nations that successfully and quickly switched away from coal-fired power typically experienced either steadily increasing, static, or even slightly decreasing electricity consumption.
Increasing demand The federal power ministry of India predicts that during the next ten years, annual increases in electricity demand could reach 6%.
Land acquisition for sustainable energy projects is challenging because of opposition from the local population.
Nevertheless, long-standing agreements with coal-fired power plants also make it simpler for state-run electricity firms to purchase coal rather than clean energy.
DISCOMS's inefficiency State-owned energy distribution businesses in India owing power producers $3.32 billion as of December 2022.
Their inability to invest in clean energy initiatives has been hampered by their bad financial situation.
A scenario of Skewed Lending Oil and gas extraction accounted for 60% of financing to the mining industry, while petroleum refining and allied businesses accounted for one-fifth of credit to the manufacturing industry.
10% of the total debt owed to Indian financial institutions is from high-carbon businesses like power generating, chemicals, iron and steel, and aviation. These industries have the less financial capacity to respond to shocks and stressors since they are also deeply indebted.
To overcome these obstacles, governments and industries must collaborate to develop creative solutions for renewable energy transmission. Creating innovative transmission technologies, enhancing energy storage systems, and collaborating with local governments to address their concerns are a few examples of what this can entail.
India is one of the top seven nations in the world for potential renewable energy, according to research by the Global Energy Monitor. In the end, what is required is accelerating the construction of renewable energy sources and related infrastructure. Renewable energy is ultimately a very economical technology in India. The idea that coal is inexpensive is evolving
To conclude, renewable energy transmission is crucial to the achievement of the clean energy transition and the reduction of carbon emissions. Renewable energy transmission has the potential to deliver enormous benefits by making renewable energy available to a larger section of the population, balancing the grid, and enabling the development of renewable energy sources in remote places. Governments and industries must collaborate to overcome obstacles and ensure the successful implementation of renewable energy transmission.