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Effectiveness of state incentives for promoting wind energy: A panel data examination

Effectiveness of state incentives for promoting wind energy: A panel data examination Abstract Over the last decade, India has started to concentrate earnestly on renewable energy. The Indian government, as well as different state governments, are adopting policy instruments such as feed in tariff, captive consumption, renewable purchase obligation and generation based incentive etc. aimed at renewable energy development. This paper evaluates the effectiveness of state level incentives for the development of wind energy in India. Fixed effect panel data modelling technique of econometric analysis is used to analyse the data of 26 Indian states in 11 years. The results show that feed in tariff and captive consumption are the significant predictors of wind energy development. However, renewable purchase obligation does not affect wind energy significantly. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png "Frontiers in Energy" Springer Journals

Effectiveness of state incentives for promoting wind energy: A panel data examination

"Frontiers in Energy" , Volume 9 (3): 12 – Sep 1, 2015

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Publisher
Springer Journals
Copyright
2015 Higher Education Press and Springer-Verlag Berlin Heidelberg
ISSN
2095-1701
eISSN
2095-1698
DOI
10.1007/s11708-015-0364-8
Publisher site
See Article on Publisher Site

Abstract

Abstract Over the last decade, India has started to concentrate earnestly on renewable energy. The Indian government, as well as different state governments, are adopting policy instruments such as feed in tariff, captive consumption, renewable purchase obligation and generation based incentive etc. aimed at renewable energy development. This paper evaluates the effectiveness of state level incentives for the development of wind energy in India. Fixed effect panel data modelling technique of econometric analysis is used to analyse the data of 26 Indian states in 11 years. The results show that feed in tariff and captive consumption are the significant predictors of wind energy development. However, renewable purchase obligation does not affect wind energy significantly.

Journal

"Frontiers in Energy"Springer Journals

Published: Sep 1, 2015

References