Adoption of Renewable Energy in Agriculture and Its Economic Benefits: A Study of Karnataka
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Abstract
This study examines the adoption patterns of renewable energy technologies in Karnataka's agricultural sector and evaluates their economic benefits to farmers. Through primary data collected from 240 farmers across six districts of Karnataka, the research analyses the uptake of solar irrigation pumps, biogas plants, and solar dryers. The findings reveal that renewable energy adoption significantly reduces operational costs (by 40-65%), increases farm income (by 25-35%), and enhances agricultural productivity. However, high initial investment costs and limited awareness remain significant barriers. The study recommends enhanced subsidy mechanisms, improved financing options, and targeted training programs to accelerate renewable energy adoption in agriculture.
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