Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies

Zuhaib Tayar Mirza; Behrooz Vahidi; Mehrdad Abedi

doi:doi:10.11648/j.ajee.20221002.11

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Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies

Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi

Published in American Journal of Energy Engineering (Volume 10, Issue 2)

Received: 5 March 2022 Accepted: 28 March 2022 Published: 28 April 2022

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Abstract

All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.

Published in	American Journal of Energy Engineering (Volume 10, Issue 2)
DOI	10.11648/j.ajee.20221002.11
Page(s)	21-34
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

India, Iran, Human Development Index, Renewable Energy, Governance Structure, Economic Incentives

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APA Style

Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. (2022). Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. American Journal of Energy Engineering, 10(2), 21-34. https://doi.org/10.11648/j.ajee.20221002.11

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ACS Style

Zuhaib Tayar Mirza; Behrooz Vahidi; Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am. J. Energy Eng. 2022, 10(2), 21-34. doi: 10.11648/j.ajee.20221002.11

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AMA Style

Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am J Energy Eng. 2022;10(2):21-34. doi: 10.11648/j.ajee.20221002.11

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@article{10.11648/j.ajee.20221002.11,
  author = {Zuhaib Tayar Mirza and Behrooz Vahidi and Mehrdad Abedi},
  title = {Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies},
  journal = {American Journal of Energy Engineering},
  volume = {10},
  number = {2},
  pages = {21-34},
  doi = {10.11648/j.ajee.20221002.11},
  url = {https://doi.org/10.11648/j.ajee.20221002.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajee.20221002.11},
  abstract = {All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.},
 year = {2022}
}

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TY  - JOUR
T1  - Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies
AU  - Zuhaib Tayar Mirza
AU  - Behrooz Vahidi
AU  - Mehrdad Abedi
Y1  - 2022/04/28
PY  - 2022
N1  - https://doi.org/10.11648/j.ajee.20221002.11
DO  - 10.11648/j.ajee.20221002.11
T2  - American Journal of Energy Engineering
JF  - American Journal of Energy Engineering
JO  - American Journal of Energy Engineering
SP  - 21
EP  - 34
PB  - Science Publishing Group
SN  - 2329-163X
UR  - https://doi.org/10.11648/j.ajee.20221002.11
AB  - All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.
VL  - 10
IS  - 2
ER  -

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Author Information

Zuhaib Tayar Mirza

Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran
Behrooz Vahidi

Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran
Mehrdad Abedi

Department of Electrical Engineering, Amirkabir University of Technology, Tehran, Iran

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APA Style

Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. (2022). Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. American Journal of Energy Engineering, 10(2), 21-34. https://doi.org/10.11648/j.ajee.20221002.11

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ACS Style

Zuhaib Tayar Mirza; Behrooz Vahidi; Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am. J. Energy Eng. 2022, 10(2), 21-34. doi: 10.11648/j.ajee.20221002.11

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AMA Style

Zuhaib Tayar Mirza, Behrooz Vahidi, Mehrdad Abedi. Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies. Am J Energy Eng. 2022;10(2):21-34. doi: 10.11648/j.ajee.20221002.11

Copy | Download

@article{10.11648/j.ajee.20221002.11,
  author = {Zuhaib Tayar Mirza and Behrooz Vahidi and Mehrdad Abedi},
  title = {Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies},
  journal = {American Journal of Energy Engineering},
  volume = {10},
  number = {2},
  pages = {21-34},
  doi = {10.11648/j.ajee.20221002.11},
  url = {https://doi.org/10.11648/j.ajee.20221002.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajee.20221002.11},
  abstract = {All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.},
 year = {2022}
}

Copy | Download

TY  - JOUR
T1  - Renewable Energy Development in India & Iran: A Comparative Review of Renewable Energy Policies
AU  - Zuhaib Tayar Mirza
AU  - Behrooz Vahidi
AU  - Mehrdad Abedi
Y1  - 2022/04/28
PY  - 2022
N1  - https://doi.org/10.11648/j.ajee.20221002.11
DO  - 10.11648/j.ajee.20221002.11
T2  - American Journal of Energy Engineering
JF  - American Journal of Energy Engineering
JO  - American Journal of Energy Engineering
SP  - 21
EP  - 34
PB  - Science Publishing Group
SN  - 2329-163X
UR  - https://doi.org/10.11648/j.ajee.20221002.11
AB  - All major developing nations have started to invest in renewable energy to promote a cost-effective and low emission way of power production. Policy planning and financial aspects are the key issues for renewable power development. Comparing two major developing countries, Iran and India, would provide a deeper understanding of the future trends and policy scenarios related to renewable energy. This paper provides a review of the governance structure, current renewable energy policies, legislation, economic policies, and incentives that would analyze the renewable energy development in both countries. The final section of the paper discusses the current status of renewable energy generation in both countries followed by comparative policy analysis. The results concluded from the paper are that India shows a much stronger commitment towards renewable energy with a higher percentage of generation, well-structured governance, and independent ministry which presides over the whole sector. Iran although new to the industry shows a lot of promise with better feed-in tariffs and an open market for independent investors and producers. The paper suggests lesser investment interest rates, better technical expertise, and incentives for off-grid producers for India while a more developed legislative structure for Iran along with the formation of subordinate research organizations.
VL  - 10
IS  - 2
ER  -

Copy | Download