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MARKET POTENTIAL STUDY FOR ORGANIC RANKINE CYCLE TECHNOLOGY IN INDIA mitigating the fear instilled by the ever increasing fossil fuel prices. From a broad industry analysis, it can thus be concluded that the potential for ORC technology is significant in the industrial and renewable energy sectors in India, but a detailed sector-wise analysis is needed in order to determine the exact potential of this technology accurately. There are some technology providers in India for ORC technology that include both Indian as well as the multi-national companies, however the majority of the foreign companies who specialise in this technology, are yet to begin their work in India. Different business models, such as the ESCO, RESCO, captive power plants, third party sale of power, sale of power to the DISCOMs etc., are making the mass scale adoption of many such new technologies easy and commercially viable. In addition, policy and financial incentives are also available in India, such as the NMEEE, SECF, NCEF etc., but further analysis is needed to find out how they would be applied for energy efficiency measures involving ORC systems. Proper institutional set-up in India to promote such energy efficiency initiatives (such as the BEE) and the recent focus on off-grid power generation, can also help proliferate the deployment of this technology that not only contributes to the energy security of the country, but also helps mitigate the climate impact by reducing the carbon emissions, apart from mitigating the need for new investments to build captive power plants that may be fossil fuel based. Please note that the images in this document are from those industries in which the ORC technology can be widely implemented, and are, thus, chosen accordingly to give the reader an idea about the several opportunities to save waste heat for conversion to electrivity rather than being wasted. iiPDF Image | ORGANIC RANKINE CYCLE TECHNOLOGY IN INDIA
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