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Challenges and opportunities for offshore wind energy from global to Indian context: directing future research

Shambhu Sajith (UPES Online, Dehradun, India)
R.S. Aswani (School of Liberal Studies, UPES, Dehradun, India)
Mohammad Younus Bhatt (Department of Economics, School of Business, UPES, Dehradun, India, and)
Anil Kumar (Department of Energy Management, UPES, Dehradun, India)

International Journal of Energy Sector Management

ISSN: 1750-6220

Article publication date: 8 July 2024

Issue publication date: 2 January 2025

107

Abstract

Purpose

The purpose of this study is to identify Offshore Wind Energy (OWE) as a key technology that could drive countries toward achieving climate goals. However, there are multiple challenges that this sector faces.

Design/methodology/approach

This study aims to identify the challenges faced by the sector globally by systematically reviewing the existing literature in global context and portraying it in the Indian context. Factors are identified using content analysis.

Findings

Results suggest high levelized cost of energy as the most discussed challenge for the growth of OWE. Insufficient financial support and policy, initial capital and inadequate technology formed the second, third and fourth most discussed challenges respectively.

Research limitations/implications

To reduce the cost of OWE, the distribution companies in India could adopt feed-in tariffs (FiTs) in the early stages of development and make OWE procurement mandatory. The renewable purchase obligation (RPO) in India is specific to solar and non-solar; policy should accommodate offshore wind-specific RPO targets for each state to reach the 2030 target of 30 GW from OWE.

Practical implications

To the best of the authors’ knowledge, this is the first attempt to study the challenges of OWE development from a global perspective and portray these major challenges in the Indian context and uses content analysis from the existing literature to ascertain the major roadblocks for the development of OWE.

Originality/value

The study identifies the unexplored gap in literature that includes futuristic challenges for OWE from climate change. Future studies can explore the possibilities of forecasting based on climate change scenarios and rank the challenges based on their relevance caused by possible damages.

Keywords

Citation

Sajith, S., Aswani, R.S., Bhatt, M.Y. and Kumar, A. (2025), "Challenges and opportunities for offshore wind energy from global to Indian context: directing future research", International Journal of Energy Sector Management, Vol. 19 No. 1, pp. 117-145. https://doi.org/10.1108/IJESM-11-2021-0020

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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