A new study by Finland’s Lappeenranta-Lahti University of Technology (LUT) shows a 100% renewable energy-based power system is technically possible and is the least-cost option for India in 2050.
The gains from the bundling of cheaper renewable energy with high-cost thermal will be shared between the generator and distribution companies on a 50:50 basis.
The map attempts to identify and locate all primary and secondary sources of energy and their transportation/transmission networks to provide a comprehensive view of energy production and distribution in the country.
A new report says India has an estimated 29% of the installed fossil fuel capacity in excess of what is required to meet its 2021 peak electricity demand. This 67.6 GW overcapacity, all coming from coal-fired plants, is costing around US$ 2.1 billion (INR 15,780 crore) annually in fixed operating and maintenance costs.
A new report proposes a scenario that prioritizes efficiency over variable costs in India’s coal power dispatch mechanism. It goes on to estimate the efficiency improvements and cost savings achieved in this scenario.
Ratings agency ICRA maintains a negative outlook for thermal power generation despite a rise in electricity demand. The thermal plant load factor will remain subdued at 57%. The gap between the average cost of supply and the average tariff for discoms is estimated at 70-75 paise per unit for FY2022.
A new IEEFA report says the levelized cost of energy (LCOE) for coal in India is calculated based on an overestimation of factors such as utilization rates. The deemed low cost per unit of energy makes coal-fired plants look more attractive to potential investors than these really are!
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