Renew. Energy Environ. Sustain.
Volume 2, 2017
Sustainable energy systems for the future
|Number of page(s)||5|
|Published online||08 September 2017|
Effect of incentives on the financial attractiveness of solar industrial process heating in India★
Center for Energy Studies, Indian Institute of Technology,
2 Mechanical Engineering Department, Government Engineering College, Ajmer, India
* e-mail: firstname.lastname@example.org
Received in final form: 8 July 2017
Accepted: 27 July 2017
India has a huge industrial demand for process heating at temperatures that can be provided with commercially available solar collectors. Government of India with support from multi-lateral agencies has initiated an ambitious programme for promoting large scale adoption of Solar Industrial Process Heating (SIPH) in the industrial sector of the country. This paper presents the details of an attempt to study the effect of several existing and potential incentives on the financial attractiveness of SIPH systems in India. A case of solar process heating in dairy industry has been presented to demonstrate the relative efficacy of different incentives on the economics of SIPH systems in terms of their impact on levelized cost of useful thermal energy delivered. Finally, policy implications of the results obtained have been discussed.
© A.K. Sharma et al., published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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