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Policy Analysis on Deviation Settlement Mechanism (DSM) in India for Solar and Wind Energy: Historical to Present

Introduction The Deviation Settlement Mechanism (DSM) in India addresses grid stability challenges by ensuring discipline in power scheduling and forecasting. With the increasing penetration of renewable energy sources (RES) like solar and wind, DSM policies have evolved to manage variability and intermittency. This analysis traces the history and evolution of DSM for solar and wind energy in India, highlighting regulatory frameworks, challenges, and future outlooks. Historical Context Pre-2010: Conventional Grid Management Focus on Conventional Energy:  Grid management relied on thermal and hydro power plants, which are more predictable than RES. Need for Deviation Management:  As renewable energy deployment began, the unpredictability of wind and solar generation started affecting grid stability. 2010-2014: Initial Renewable Energy Penetration Wind Energy Growth:  Wind energy capacity surged, especially in Tamil Nadu and Gujarat, causing frequency deviations in the grid...

Implementing a Circular Economy in the Renewable Energy Sector

Definition of Circular Economy in Renewable Energy: The circular economy in renewable energy focuses on sustainable resource management by minimizing waste, reusing materials, and recycling components. This approach enhances resource efficiency, reduces environmental impact, and supports the transition to a sustainable energy future. Methods for Circular Economy Implementation in the Renewable Energy Sector 1. Solar Power Segment Reuse of Junction Boxes from Damaged Solar Modules Damaged solar modules, often stored in open spaces at project sites, contain valuable components such as junction boxes. These junction boxes can be refurbished and reused in operational systems, reducing electronic waste and the need for new manufacturing. This practice aligns with resource optimization and cost reduction goals. Rainwater Harvesting for Battery Maintenance Installing rainwater harvesting units at solar project sites can provide an eco-friendly solution to obtain distilled water for lead-acid ...

What is Asset Management ?

Asset Management refers to the systematic process of developing, operating, maintaining, and upgrading assets in a cost-effective way. It involves managing assets throughout their lifecycle to maximize value and ensure their efficient use. Asset management can be categorized into several different types, depending on the types of assets being managed and the sector of application. Here are some of the major types of asset management: 1. Physical Asset Management Definition : Involves managing tangible assets such as buildings, machinery, vehicles, and infrastructure. Industries : Manufacturing, automotive, energy, power, and public infrastructure. Purpose : To maximize the lifespan, efficiency, and reliability of physical assets while minimizing costs through effective maintenance, repair, and replacement strategies. 2. Financial Asset Management Definition : The management of financial assets such as investments in stocks, bonds, mutual funds, and other financial instruments. Industri...

Feasibility Study: The Role and Implementation of Solar Energy in various segments in India

Abstract Solar energy in its raw form may be pollution-free, but manufacturing the devices that get the energy out of light and heat requires metal and other material, requiring mines and smelters, therein causing pollution. Maybe the most exciting thing about solar energy today is not only that the costs continue to drop and efficiencies continue to rise, but that clean solar energy is arriving at last. New technologies allow new methods of manufacturing which pollute much less and often run on solar energy. Solar heating and solar electric systems can now generate thermal and electric energy over their service life up to 100 times the energy input during their manufacture. This ratio; the energy it will produce in its lifetime, compared to the amount of energy input to manufacture and maintain an energy system, has doubled in the last 20 years for most solar technologies. The ratio of energy out vs. energy in for solar systems has become so favorable that the economic and ecologica...