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WIND ENERGY IN INDIA

Renewable energy sector has boomed in India. Wind energy is the largest contributor to renewable in India and is chasing a volume of 30GW+ , announced for commissioning in next four years.

However, the opportunity does not come without its challenges. Wind energy sector in India is undergoing a process of transition to merit based procurement, with transformation impacting not only the supply side projects and their competitiveness, but also in buyer side preferences and procurement capabilities.

The high degree of ambiguity around market volumes and its characteristics has created significant risks for the market participants, which if not managed proactively, could lower business IRR.

Risk_Of_Lower_IRR

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MEC EDGE

MEC has deep understanding of linkages between various moving parts of Indian electricity market, through which we deliver robust market intelligence.

Industry has been using simplistic trend-analysis, derived from historical trends, short-term order-books and market sentiment to drive strategic decision-making. This exposes the participants to risks discussed above.

MEC uses a holistic approach for delivering intelligence, utilizing our extensive work experience in India and in-depth knowledge of India energy market. We establish linkages among 20+ parameters to produce insights which can directly feed into pipeline, supply chain and R&D decisions. This is actionable, fact-based and unbiased insight for the client.

Intelligence which is fact-based, bottom up and multidimensional, offers advantages to the client in form of:-

  • Transparent understanding of markets drivers and inhibiters
  • Proactively understanding impact of any change on market volume
  • Actionable insights with information on geographical deployment, wind class, players; providing most relevant intelligence

Our offerings in India include:

MERIT ORDER ANALYSIS

  • LCOE modelling for wind, solar Hybrid wind-solar plants
  • LCoE sensitivity
  • State-wise competitiveness of RE and Non-RE supply

MARKET FORECASTS

  • Reliable, bottom-up forecasts
  • Break-down of forecasts by state, player, wind class

COMPETITITOR LANDSCAPE

  • Building exhaustive pipeline data
  • Pipeline segmentation
  • Competitor site resource/ grid connectivity analysis

BUYER ANALYSIS

  • DISCOM- RE budgeted capacity and planned procurement by state
  • DISCOM financial health
  • DISCOM- RPO targets and compliance
  • PSU/ Captive/ Corporate demand

SUPPLY CHAIN STRATEGY

  • Current vs future supply chain needs by geography
  • Inorganic supply chain developments- M&A or partnerships
  • Supplier intelligence
  • Cost based for footprint planning

PRODUCT TECHNOLOGY ROADMAP

  • Long-term market product needs
  • R&D roadmap of competition
  • State of art technology assessment
  • Cost based for footprint planning

SELECTED EXAMPLES OF ADVISORY PROJECTS THAT MEC HAS DELIVERED FOR ITS CLIENTS IN THE WIND SECTOR