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The IUP Journal of Applied Economics
Wind Energy Establishments in Karnataka: Determinant Factors for Effective Diffusion
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Diffusion of wind energy is necessary for sustainable development. Country like India has also adopted this technology for economic development. Therefore, this study attempts to analyze the determinant factors and their extent of impact on wind energy diffusion using binary and multi-logit models for the state of Karnataka. The empirical results indicate that Karnataka has inappropriate sites for wind energy production at higher socioeconomic cost, where the present wind technology is causing lower probability of diffusion. The results emphasize on public-private participation in wind energy generation, transmission, and distribution considering more the economic, social, and environmental aspects than the geographical nature of the region. Therefore, this study gives a strong signal to the policy makers of developing as well as developed countries.

 
 
 

Energy is necessary for every aspect of socioeconomic development in the world. In this context, the Indian Government has been undertaking liberalization measures, where a higher demand-supply gap for electricity for each sector of the economy exists. Therefore, a slower development occurs. In this process of reforms, policy has been focusing on energy security considering its easy accessibility and sufficient availability with affordable pricing, efficiency, and environment friendly renewable energy generations. It seems that regulators need to seek alternative incentive measures that encourage renewable energy sources like ‘wind’.

Since early 1980s, India has been utilizing renewable energy technologies for electricity generation through wind energy resource. There is an encouragement for the use of this resource by establishing countrywide network of wind-speed measurement stations. This is helping to assess the national wind potential and identify suitable areas for harnessing wind power. Hence, this process is supposed to mitigate needs of each sector of the economy. However, it still feels that there is a need of further technological innovation and improvements, and replacement with new wind equipments such as higher hub-height, turbine blades accommodating with the direction of the wind.

 
 
 

Wind Energy Establishments in Karnataka, Determinant Factors for Effective Diffusion