Renewable Energy Technologies (RETs) and Smart Grids: Potential areas for Indo-Korean collaboration

The primary goal of this article is: (a) To introduce RETs and Smart Grids to the reader and (b) Share authors ’ views1 by means of specific examples on how India and Korea can collaborate in the area of RETs and Smart Grids. We will begin with a short introduction to RETs and Smart Grids. We will then explore some areas of cooperation between India and Korea in these areas. 1. What is renewable energy? Renewable energy is the energy generated from natural resources such as sunlight, wind and tide, which are naturally replenished. Contrast renewable energy with fossil fuels, which are non-renewable, i.e.; the latter draw on finite resources that will eventually shrink, resulting in them becoming too expensive or too environmentally damaging to retrieve. On the other hand, renewable energy resources are constantly replenished and will never run out. 2. Sources of renewable energy Examples of renewable energy sources are solar power, wind power, bio fuels, hydrogen