ANNOUNCEMENTS
India's renewable energy portfolio has a great deal of potential from offshore wind energy, especially considering the country's long coastline and dedication to clean energy. India is determined to harness offshore winds, especially along the shores of Gujarat and Tamil Nadu, as evidenced by the 2015 establishment of the National Offshore Wind Energy Policy. With more than 57 GW of offshore wind projects in operation worldwide, India hopes to make a contribution to this growing industry. Given the intricate interplay of environmental, technological, and geopolitical elements, risk assessment is essential for OWE farms. Even though they are more expensive, offshore turbines provide superior energy conversion; nonetheless, effective risk management techniques are required. The European Union-funded FOWIND project, for example, has proven helpful in locating possible zones and doing initial resource evaluations.
India should take a thorough approach to OWE risk assessment, incorporating international best practices and tailoring solutions to the specific needs of the region. Environmental protection measures, local manufacturing capability, regulatory clarity, and reliable finance are all important factors to take into account. The growth of a competitive regional sector depends on both the home and international markets.
Including OWE in the energy mix becomes essential as India's energy environment changes. The nation's framework for assessing risk must be flexible enough to take into consideration a range of variables, including wind resources, environmental issues, and geopolitical dynamics. This thesis seeks to promote India's quest of sustainable energy independence by examining the many hazards connected to OWE in the country and suggesting ways to reduce those risks.
