
Details of Author
Mr Chintan Shah - General Manager (Strategic Planning)
Suzlon Energy Limited
5th Floor, Godrej Millennium
9, Koregaon Park Road
Pune- 411001, India
e-mail: schintan@suzlon.com
Phone: +91-20-4022205; 4022000
Fascimile: +91-20-4022255; 4651124
Mobile: +91-98223-23817
Web-page: www.suzlon.com

Abstract of the paper


Legend
Particulars
Conference subject
Full title of paper
Financing (Kyoto Mechanism)
Carbon trading and wind energy in India: Overview, constraints and
opportunities

Objectives of the
work
The paper tries to outline the policy, institutional and market related
issues/constraints for pushing in wind energy CDM projects in
India. The objective of the paper is to highlight the transaction cost,
and the trade-offs required for detailing of baseline emissions and
monitoring. Further, the paper outlines the immense potential of
wind energy projects to generate a fair amount of CERs for the
companies/governments of the Annex-I countries, with specific
relevant to the European Union, Canada and Japan.

Approach

Scientific innovation
and relevance

Results and
Conclusions
The objective of the paper is also to put an overview of the set-up in
India, for putting up CDM projects, and thereby trading of CERs to
the Annex I countries.
The approach, taken is of a case-study, of a 15 MW of grid
connected wind energy project, which currently been awarded by
SENTER, the Dutch government agency. The case-study, tries to
document the modalities, and the processes required to get the
project approved by the host country, i.e. India.
Considering, the additionality issues, for a project to be qualified
under the CDM, and also the fact that India has an active
programme of wind energy generation, becomes very tough for a
new project to be qualified under the CDM. In order to build upon
the argument of additionality, requires scientific innovation, both in
terms of project structuring, and also in the baseline emissions
estimation.
The scientific innovation also comes into picture, on the value based
CERs, which in relative scale is much cleaner in wind energy
projects, hence, may also be termed as premium CERs.
The paper tries to model the upcoming wind energy projects in
India, and to what extent they can have the advantage of selling
CERs, under the CDM of the Kyoto Protocol. The output clearly
gives a modeled result, of the costing of the CERs, on a time series
basis. Particularly, with emphasis after 2005.
About the Author: The author is currently working with Suzlon Energy Limited,
which is an Indian company engaged in the field of manufacturing, implementation
and maintenance of wind farms across India and US. Till date Suzlon has
manufactured and installed more than 380 MW of grid connected wind turbines
across the world, with size varying from 350 kW to 1250 kW. The company has in the
last year entered the US market, making it the only company from developing country,
exporting wind turbines to a developed country.
The author before joining Suzlon Energy Limited, was working with TERI (Tata
Energy Research Institute), which is the Asia’s largest research institute engaged in
the field of energy and environment, and had worked with host of research institutes
and organization across the globe, for the cause of wind energy in particular, and
renewable energy and climate change in general.