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Coal corporations helping India’s Clean tech aspirations is becoming successful – a model more nations need to follow.


Renewal Energy Distribution Companies find it so difficult to work and grow.The primary reason being denial of open access system by the power supplying companies the unquestioned rulers. The resistance is natural although national policy says in time open access must be allowed to level the playing field and bring grid parity. These companies have spent a lot of money and effort into developing the infrastructures and letting the new RE guys piggy-back on them is not something which sound business policy advocates. Yet, these powerful “Goliaths” would fall and the “RE Davids” would rise. Sustainable Energy requirements is the call of the hour.

For Humankind, the preservation of self is the most supreme and any event or cause which would stand in its way would have to perish. Today the desperation for survival of small island nations and mountain states, being mostly small in size and economic might; not really being heard by the mighty nations and the supporting fossil-fuel corporation. But as the effect of Climate change is being felt and the associated business risk gets recorded within the mighty nations, along-with more businesses understanding that their economic salvation lies in marketing and manufacturing ecologically sustainable products, the fossil fuel led lobby’s influence and foot-print is bound to shrink.

And no one can stand against the might of the collective. History has proved it time and again. And when an idea whose time has come also gets the support of the powerful United Nations, crony capitalism and narrow national interest will lose. It is the writing on the wall.

But Indian ethos teaches compassion. Those who have provided energy to the world for the last 300 years must not be thrown out unceremoniously but shown the light. Just as it is difficult and confusing for a one mighty ruler to accept defeat and face uncertainty, so is the case of these Energy Czars. Redundancy is not a polite word.

So India has devised a way out. The solution although complex, the logic is simple – channel the oil / coal profit into R&D of Renewable Energy solutions.This is the reason why in India we have the NVVN .  In Mumbai, India; BEST ( Birhan mumbai Electric Supply & Transport Undertaking ) draws 10% of its Electrical power for supply from RE as mandated for development & support of RE.Such mandate is more or less followed by all states.

Moreover, no one imagines that in the next 50 years, oil / coal would vanish from our economy. While its use begins to diminish ( hopefully ) it would be wise for the companies to diversify and invest from now into the clean-tech. And in the present economic situation, buying could be cheap.Further they should help in easing the entry of roof-top solar / wind in the immediate future. This would free up their power for industrial use, while residential, school & malls could draw their power from the RE industry.

A win-win situation for all. Hope the model is adopted by Nations sooner than later.

 

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