India has a potential for 45,000 MW of wind electricity and 45,000 MW of solar energy. Some other estimates say that wind energy potential is 75,000 MW. India is already 4th largest producer of wind electricity after Denmark, Germany and USA. It is roughly about 7000 MW. India has a large storage of Thorium, which can also be used for power generation, once the fast breeder reactor start working. BTW, India is Number One in fast breeder technology. The nuclear deal with USA will allow the Indian companies to buy nuclear technologies from USA and other countries. It will also allow India to buy the fuel, namely uranium from aboad. India does not have uranium of its own so we will have to depend on others for the supply. The countries that produce uranium have their own organisation which control the nuclear business around the world, just like OPEC controls the oil business. Now if India invests a lot of money in building these nuclear reactors, we will still have to depend on the supply of uranium. The problem is we will always have to listen to them, they will decide the price of uranium and the export policy etc. Also the policies of various countries will change with the change in their internal politics. For example, the labor opposition of Australia has declared that they will scrap the supply policy once they win the election. South Africa is coming up with its new nuclear policy, which will oppose any export to other countries, etc. However, If we invest a lot of mone
RE:Nuclear deal
by Sanjay Ray on Aug 20, 2007 08:27 PM Permalink
. However, If we invest a lot of money in building these power plants, then we will have to use them, otherwise all those money will be wasted. So once we are in this game, there is no way out, we have to accept the terms of the suppliers. Thus, this deal will not bring us self sufficiency; we will have to depend on others, just like we have to do it for oil. Thus until and unless we become self-sufficient in our energy need we will always be manipulated by others. This deal is not so much about energy security; it is more to do about real politics. Indo-US trade is heavily tilted towards India. Some may feel that this deal will bring some balance to that. However as far as the energy security of India is concerned, my belief is that India may not be so secured after all.
