COMPETITIVE ISSUES IN RENEWABLE ENERGY MARKET

AUTHOR – SAUMYA SHUKLA, STUDENT AT GALGOTIAS UNIVERSITY

BEST CITATION – SAUMYA SHUKLA, COMPETITIVE ISSUES IN RENEWABLE ENERGY MARKET, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (10) OF 2025, PG. 460-467, APIS – 3920 – 0001 & ISSN – 2583-2344

ABSTRACT

Renewable energy is not just an environmental imperative but a strategic lever for nations to strengthen their global position and emerge as a sustainable global economy. The global crises of depleting fossil fuels and natural resources has pointed towards shift to renewable sources. The Renewable energy sector which was a Government owned sector has been reformed to offer a level playing field in order to invite competition in the sector.The report aims to determine the renewable energy sector through the competitive lens.The concept of renewable energy offers better quality and efficient set up of energy generation that raises a competition in the sector.The private sectors are playing vital role in transformation, innovation, scaling manufacturing and building infrastructure for the energy needs and hence the main objective of the report is to identify the barriers that occur in the entry of such players in the market.The dominance of different existing players along with the dependence of the sector on such players has been identified through the report.The report hence determines the issues of competition in the sector by analyzing the provisions , guidelines and sectoral framework on both state and central level to ensure”fair competition for the greater good.”Keywords: Renewable energy, imperfect competition, barriers, market players