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Follow India’s lead? The Indian Wind Industry in a Spin

windfarmaction

India wind

India and China have the largest growth of CO² output in the planet. There is a wind industry in India and it is in a spin. The problem is that India’s Central Electricity Regulatory Commission has brought in a directive that took effect recently that requires wind farms with a capacity in excess of 10MW to forecast their generation in 15 minutes blocks one day in advance. Failure to provide to those estimates by more than 30% will incur fines! This comes on top of the 42% plunge in wind turbine installations since the Indian Government withdrew subsidies. The Wind Industry is in turmoil and complains that it will harm their 12-14% profit margins currently enjoyed.  If they are making 12-14% after the removal of subsidies, what were they making before?

This move comes after the intermittent and volatile output of wind and solar, some 20GW, led to the world’s…

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SMIPP Ltd is a DG Independent Power Plant Private Joint Stock Company. 25-60 MW Gas Turbines Power Generators

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