Which of the following are concerns regarding renewable energy in India?

1. Sunk investment in Conventional energy
2. Dependence on imported technology

Which of the above are correct?

1 only

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2 only

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Both 1 and 2

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None of the above

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Solution

The correct option is C Both 1 and 2
Sunk investments in conventional energy sources, impedes investment decisions with regard to new and renewable energy. Currently there is high level of dependance on technology and components for renewable energy. Eg imported solar cells [Solar energy] and wind energy components. This could hinder local technology development and uptake of locally produced components in this field

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