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Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies

Received: 5 March 2022     Accepted: 28 March 2022     Published: 28 April 2022
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Abstract

All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.

Published in American Journal of Energy Engineering (Volume 10, Issue 2)
DOI 10.11648/j.ajee.20221002.11
Page(s) 21-34
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

India, Iran, Human Development Index, Renewable Energy, Governance Structure, Economic Incentives

References
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Cite This Article
  • APA Style

    Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. (2022). Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. American Journal of Energy Engineering, 10(2), 21-34. https://doi.org/10.11648/j.ajee.20221002.11

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    ACS Style

    Zuhaib Tayar Mirza; Behrooz Vahidi; Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am. J. Energy Eng. 2022, 10(2), 21-34. doi: 10.11648/j.ajee.20221002.11

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    AMA Style

    Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am J Energy Eng. 2022;10(2):21-34. doi: 10.11648/j.ajee.20221002.11

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  • @article{10.11648/j.ajee.20221002.11,
      author = {Zuhaib Tayar Mirza and Behrooz Vahidi and Mehrdad Abedi},
      title = {Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies},
      journal = {American Journal of Energy Engineering},
      volume = {10},
      number = {2},
      pages = {21-34},
      doi = {10.11648/j.ajee.20221002.11},
      url = {https://doi.org/10.11648/j.ajee.20221002.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajee.20221002.11},
      abstract = {All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.},
     year = {2022}
    }
    

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    T1  - Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies
    AU  - Zuhaib Tayar Mirza
    AU  - Behrooz Vahidi
    AU  - Mehrdad Abedi
    Y1  - 2022/04/28
    PY  - 2022
    N1  - https://doi.org/10.11648/j.ajee.20221002.11
    DO  - 10.11648/j.ajee.20221002.11
    T2  - American Journal of Energy Engineering
    JF  - American Journal of Energy Engineering
    JO  - American Journal of Energy Engineering
    SP  - 21
    EP  - 34
    PB  - Science Publishing Group
    SN  - 2329-163X
    UR  - https://doi.org/10.11648/j.ajee.20221002.11
    AB  - All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.
    VL  - 10
    IS  - 2
    ER  - 

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Author Information
  • Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran

  • Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran

  • Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran

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