Wind Power Projects in India and Clean Development Mechanism (CDM) Approach - Implementing Environmental and Resource Management - page 61

7 Wind Power Projects in India and Clean
Development Mechanism (CDM) Approach
Shrinivas Tukdeo 1 and Satyanarayana Narra 2
1 Ecolution India Pvt Ltd
2 Chair of Mineral Processing, Brandenburg University of Technology (BTU),
Cottbus,Germany
7.1 Introduction
This chapter aims to discuss the necessity of increasing wind power plants with
respect to the increasing power demand and the availability of the wind resource
in India. The maximum available wind potential for power production is higher
than the present installed capacities. This creates a chance for further sustainable
development. This chapter is an original research work carried out by the com-
pany Ecolution India Pvt Ltd.
This chapter first gives a basic idea on the wind energy potential in India and
continues with the Clean Development Mechanism approach with a case study of
a 15 MW wind power project in the state of Karnataka, India. The case study deals
with the registration of VERs by following the standards defined by UNFCCC for
obtaining CERs. Further, the carbon emission reduction (CER) certificates and the
present trend of the market will also be discussed. The present market trend shows
a decline in the registration of wind power projects at the “United Nations Frame-
work Convention on Climate Change (UNFCCC)” in obtaining CERs. This de-
clining market trend has lead to the development of the voluntary market (volun-
tary emission reductions (VER)). This chapter aims to display how the market
shifts from CER to VER due to a high rejection rate for wind power projects by
UNFCCC. This study concludes that the development of VER projects is helpful
for many investors due to the minimum security of these schemes.
7.2 Wind Energy in India
Renewable energy from the wind has been used for centuries to power windmills
to mill wheat or pump water (Demirbas 2006). Nowadays, large wind turbines are
used to generate electricity. Wind energy is one of the most viable technologies