Non-Fiction Books:

Renewable Energy in India

Economics and Market Dynamics
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Description

The scope of renewable energy generation technologies has far exceeded that of a laboratory, as they now require large-scale commercial generation. With them relying heavily on policy support, contemporary debates in energy are grappling with how exactly renewable energy should be priced and integrated into market. This book, written from an economics perspective, critically examines the aspects of pricing, regulatory oversight and rules governing the market for electricity generation from intermittent renewable energy sources and associated green product. This book discusses various policy and regulatory initiatives for renewable power generation technologies in India by comparing them with similar measures in some leading countries of the world. It contextualizes the pricing of renewable energy and looks at market-determined renewable energy certificate (REC) mechanism. Finally, it seeks to advance scholarship on green energy and introspects on policy dilemma facing the renewable segment in India and explores the possibility of achieving a level playing field for renewable energy vis-à-vis traditional methods of power generation, through appropriate market mechanism.

Author Biography:

Pramod Deo, former Chairman of the Central Electricity Regulatory Commission (CERC), was electricity regulator for over 11 years both at the centre and Maharashtra state. Now he is active as an independent energy and environment adviser. Deo has 35 years of experience in the energy sector at policy, regulatory and project management domains at both domestic—state and central government—and international levels. He was senior energy economist with the UNEP Risoe Centre on Energy, Climate and Sustainable Development, Denmark. Deo is a recipient of the World Wind Energy Award 2005 from the World Wind Energy Association for his outstanding achievement in the dissemination of wind energy. Rich in academics with a postgraduate degree in Physics, PhD in Infrastructure Economics and postdoctoral research in Energy Policy and Economics, he has co-authored three books on energy planning, energy management and regulatory approach to green power. Sushanta K. Chatterjee is presently Chief (Regulatory Affairs) with the CERC. He has a long experience of dealing with power sector reforms, especially Regulatory Reforms, since its inception in 1998. He was actively involved in the formulation of the Electricity Act, 2003. Chatterjee has been a postdoctoral research fellow at the Harvard Kennedy School, USA. He has a PhD in Management and an MBA in Finance. He co-authored Electricity Sector in India: Policy and Regulation (Oxford University Press, 2012) and authored S. K. Chatterjee’s Commentary on the Electricity Laws of India (Delhi Law House, 2006). He has published papers on renewable/REC (World Bank 2013 and NREL 2016). He completed research work as Principal Investigator on the topic ‘Meeting the Renewable Revolution: A Roadmap for Electricity Market Design in India’ at the International Growth Centre, London School of Economics, UK (2017). Chatterjee has recently been elected as the first President of the India Chapter of the International Association of Energy Economics. Chatterjee’s present academic and professional pursuits involve specialization in public policy and regulation with a focus on renewable and market design. He has been instrumental in the conceptualization of the CERC staff discussion papers on real-time market, day-ahead market design, ancillary services framework, grid integration of renewable and renewable energy certificate mechanism. He is/has been a member of various government committees. He is/has been a guest faculty for various academic, research and training institutions such as Power Management Institute (PMI), National Power Training Institute (NPTI), Indian Institute of Management Ahmedabad, Indian Institute of Technology Kanpur, University of Petroleum and Energy Studies (UPES), Indian Institute of Technology Roorkee, The Energy and Resources Institute, Massachusetts Institute of Technology (USA), London School of Economics (UK) and Florence School of Regulation. Shrikant Modak has been a senior financial journalist with 30 years of experience in senior editorial positions in the country’s leading financial newspaper and magazines. His early career was in academics, where he was on the faculty of the Institute of Rural Management, Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai University and Indira Gandhi Institute of Development Research. He has over 30 years of consulting experience in the field of energy economics and has written extensively on the subject in news media and academic journals. He has co-authored five books of which four have been in the field of energy economics. He holds a master’s degree in Economics from the London School of Economics.
Release date NZ
July 30th, 2021
Pages
260
Audiences
  • Professional & Vocational
  • Tertiary Education (US: College)
ISBN-13
9789353887810
Product ID
34781833

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