1Professor;
2MBA Student at
The huge costal shore in the world contains tremendous scope of generation of energy using blended natural resources. A study performed in New Zealand and Italy suggests that the use of Wind-Tidal (Wi-Ti) hybrid energy systems could potentially provide a workable solution to the energy issues that coastal cities in the world face which ignites the similar discussion in India. This research investigates the feasibility, performance, and economics of fusing wind and tidal energy to create a hybrid system made especially for India's unique coastal areas. By utilizing the complementary properties of wind and tidal resources, the Wi-Ti hybrid system aims to provide a stable and dependable renewable energy solution. This analysis considers several significant factors, such as the availability of resources, technological advancements, infrastructure requirements, and environmental impacts in several coastal cities, including Kandla, Panaji, Paradip, and others. Economic evaluations consider the original capital investment, operating and maintenance expenses, and potential subsidies. They also include cost-benefit analysis, levelized cost of energy (LCOE), and payback periods. In addition, social and environmental effects are examined to guarantee community acceptability and sustainability. According to the findings, India can meet its targets for renewable energy while simultaneously improving energy security and lowering reliance on fossil fuels thanks to the Wi-Ti hybrid system. The study concludes that the Wi-Ti hybrid system is a workable and sustainable energy solution for the coastal Indian cities, offering a model for further renewable energy initiatives in the same areas in the future.
Techno-economic analysis, SDGs, Net zero, Renewable Energy