Renewable Energy Technology: Market Development, Subsidy Policy and the Enlargement of Choice

Part of the Green Energy and Technology book series (GREEN)


The introductory chapter lays out the theme, and more importantly, sets the tone for the ensuing portions of this book. In keeping with traditional wisdom the next chapter stresses that ‘direction is more important than distance covered’ and is intended to exhort policy makers to ‘begin with the end in mind’ so as to define and achieve the goals of positive development policy within prescribed time limits and within budgeted costs. Given the different approaches to market stimulation adopted for each, the Indian markets for solar photovoltaic (PV) and solar thermal (solar water heating systems: SWH) systems are compared. The conclusions relating to the delivery channels for product, service and financing, the incentive structures and most significantly, the overarching targets relating to consumer empowerment would, however, apply across technology options, market geographies and consumer segments.


Financial Intermediary Renewable Energy Technology Solar Thermal Water Heating Subsidy Scheme Capital Subsidy 


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© Springer-Verlag London Limited 2011

Authors and Affiliations

  1. 1.Verdurous Solutions Private LimitedMysoreIndia

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