According to reports, the State Government is planning to run M. Chinnaswamy Cricket Stadium here by solar power, says Kaushik Mukherjee, Karnataka Additional Chief Secretary and Development Commissioner. In Germany, Freiburg football stadium is completely solar powered, he said.
Speaking at the World Resources Institute (WPI) and CII’s first Green Power Market Development Group (GPMDG) meet, Mukherjee said the government gives an annual subsidy of $800 billion to electricity boards. Such funds should go into installing green power generation capacities and involving more stakeholders and educating public are necessary for the success of Green Power initiative.
Karnataka has been the pioneer in India and Asia’s first hydroelectric power project at Sivanasamudram is an example.
D.N. Narasimha Raju, Principal Secretary in Energy Department, said on the occasion that Karnataka is according importance to renewable energy.
About 4,000 MW of 13,600 MW installed capacity is sourced through renewable energy. He added, “Of the 3000 MW which we added in the past three years, 1,400 MW is from renewable sources. We are considering rooftop power systems in Bangalore, where households can sell the surplus power.”
Jamshyd N Godrej, Chairman, CII – Godrej GBC, said, “Promoting clean energy makes good business sense and the collaboration between WRI and CII ensures that we will closely monitor and assess the financial, policy, regulatory and environmental aspects of this alliance of companies and energy producers.”
WRI pioneered the idea of green power market development group. India has been working with wind energy and recently progressing in solar energy also.
“A study by Shakti Sustainable Energy Foundation found that the wind energy potential is actually 15 times more of the present projections. We need to put mechanisms in place to realize that potential. Green power producers, consumers, government and public should work for sustainable policies in this regard. Investments in grids should be done in such a way that they suit green energy producers,” said Godrej.
Andrew Steer, President & CEO, WRI, said that energy costs are key element of competitiveness in a globalized economy. Companies that can seize control of their energy destiny will be at the forefront of what many companies around the world are doing today to pursue high efficiency and profitability.