Economic Viability of Solar Energy Systems in the Indian Context

Abstract

In this paper, the current energy resources are discussed, for example: thermal energy, nuclear energy, tidal energy, hydroelectric energy etc. The paper is about the energy resources which are currently used and why are they used, is there is any other energy resource which can be more reliable then these energy resources. Alternative energy resources have been compared with the currently active energy resources, that is, a comparison of coal energy and nuclear energy to the solar energy, tidal energy and wind energy has been made. The cost of per unit electricity produced by solar energy is estimated and the economic viability of solar energy is pondered upon.

Keywords: Energy, resources, nuclear, coal, renewable, electricity, wind energy