Wind Power Is Now The Cheapest Energy In India (bloombergquint.com)
An anonymous reader shares a report: Wind power prices fell to its lowest and below the cheapest solar tariffs in the fourth round of auctions, putting more pressure on turbine makers as developers are expected to negotiate already-falling equipment prices. State-run Gujarat Urja Vikas Nigam Ltd. auctioned 500-megawatt of grid-connected projects at as low as Rs 2.43 (3.8 cents) a unit. That was quoted by Actis-backed Sprng Energy that bid for 197.5-megawatt capacity and KP Energy that won 30 MW. That's lower than the lowest solar power tariffs of Rs 2.44 a unit discovered in May and 8 percent lower than wind power prices discovered in earlier national auctions in October, according to Bloomberg New Energy Finance. A decline in auction tariffs will put the manufacturers under even more pressure to innovate and meet the price expectations of developers, Bloomberg New Energy Finance said. Falling tariffs may lead to discovery of even lower bids in the national wind auctions scheduled for January, it added. India aims to auction 28-gigawatt wind projects by March 2020 to take it closer to the total targeted capacity of 60 GW by 2022. That's part of the plan to install 175 GW renewable energy capacity by 2022.
at a 30% capacity factor. Roughly 30 kWh per month per person. That is practically nothing. Good job wind.
Meanwhile in the real world, oil and natural gas stocks are going through the roof.
We will be selling them authentic West Virginia coal once the regulations are lifted. There is no reason we cannot power India with American energy at a profitable price and create jobs and put people back to work in this country so that they can send their programmers here to address the sky-high cost of coding and tech support we have.
Cheapest to produce (overall costs to install and maintain equipment / power actually produced) is different than 'It costs less to the consumer because it is highly subsidized by the government'.
"You know those necklaces they give you when you land there?"
That's Hawaii.
Aloha.
I think the salient point is that the people there are brown.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
With all those cows wandering around, might as well harness the methane.
"That's why it's cheapest, because it's unreliable"
Hardly, that's the nuclear ones. They don't work when there's an 'incident', when there's a checkup, or in Winter when the river is frozen or in summer when the water is low or when the river is already too hot or ...
That's why it's cheapest, because it's unreliable
Shows you've never been to India. The grid is extremely unreliable, and goes down for hours at a time because it's overloaded.
In India, wind power is actually more reliable than fossil-fuel-fired plants.
(May depend on where you are, I suppose. It's a big country.)
We will be selling them authentic West Virginia coal once the regulations are lifted.
Not sure if this is intended as humor or straight.
In any case, no, India's coal imports come from Australia and Indonesia, which are much closer.
Price per tonne of coal is so low that the import cost is mostly shipping, and so you buy it from the closest source-- nobody would ship coal from West Virginia to India; that's halfway around the world.
If I'm reading this correct, it reads as if the issue is the utility is paying less for wind power, which may or may not mean the cost of generation is lowest, but not necessarily...
Ken
maybe he's going to use a coal powered boat to get it there....
"The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
You assume that because the west's capacity is around 33%, that India's must be 30%. However, China's capacity is less than 17%.
So, it is just as likely, that India's mimics China's, not Europe's and America's.
For something to be "the cheapest" in India.
Attractive margins come and go. Get your ideal wind-farm location while supplies last!
By the way, the correct measure is delivered wattage, after subtracting out transmission loss. How much is your transmission loss? Well, that depends on the flow patterns of the existing grid. Ideally you would add the new generation source, subtract out the displaced generation sources, then calculate the marginal delivery loss in the system as a whole, to isolate the marginal term associated with one project.
Unfortunately, ideal sucks ass. This calculation is not even transitive.
If you take the current grid, then add source A (computing A's marginal loss contribution), then add source B (computing A's marginal loss contribution) you get different answers than if you added B and A in the reverse order (yet both systems started and ended in the same place).
However, being on the whole lazy bastards, we don't normally calculate this, we let the price signal act as a working proxy. And what happens when price acts as a proxy is that A and B do complex calculations about when to best bring their projects online (typically a race, but sometimes a zugzwang) , to best capture (and crystallise contractually) their marginal contribution.
The price signal is thus nearly impossible to decode, because equilibrium price is but one modulation (not realized until the least-viable project is completed). Meanwhile the timing modulation is often large and volatile.
We're so programmed to believe in technological inevitability after 50 years of Moore's elevator. But wind farms are heavily coupled into geography, climate, human demographics, smelting, and the dirty mining of rare earths, any one of which can put a real crimp into happy extrapolations.
[*] Contemplate—if you are brave—the least-viable rare-earth pit mine.
Hardly, that's the nuclear ones. They don't work when there's an 'incident', when there's a checkup, or in Winter when the river is frozen or in summer when the water is low or when the river is already too hot or ...
What the hell are you even talking about? Nuclear generally has a higher up-time then any other power source. Bruce nuclear didn't even SCRAM when the NE blackout happened, they kept the reactors at 60% until they could reconnect to the grid, which was around 4hrs. That was faster then any other power producer in the NE area of north america. Faster then hydro-electric(Niagara Falls took 8hrs), coal and NG plants were as long as 12hrs and many auto-shutdown requiring a full restart.
Om, nomnomnom...
But the plant was disconnected while running at 60% ... ...
coal and NG plants were as long as 12hrs and many auto-shutdown requiring a full restart.
And that is exactly why the nuclear plant was kept at 60% but disconnected
So: what exactly is your point?
Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
So were your ancestors, before you degenerated to a loser who can't even handle the sunlight of his own planet anymore. lol. Imagine a fish that is allergic to water.
Stop blaming others for being such a failure in life, that some random uneducated dirty mentally maimed refugee can come and take your job and your girlfriend! I mean what kind of retarded job/sex were you doing, that *he* can replace you? Did they give you your work instructions with grunts and hand and foot signs?
... change your religious beliefs in the face od solid arguments.
Just change the straw man. He ain't no true Scotsman!
You probably still demand Obama's birth certificate.
Can we see yours? (And reject it for silly reasons too, *no matter what.*)
... actually believe their bubble of insanity is the real world.
It's just the cocaine making them overly confident. Don't take them seriously. See them like toddlers throwing a tantrum.
Aka: Don't feed the trolls.
And that is exactly why the nuclear plant was kept at 60% but disconnected ...
No, actually it wasn't. But if you're that interested, why don't you go read up on the 2003 blackout and you'll figure out where you went wrong.
Om, nomnomnom...
if you had provided links :)
Anyway, if the nuclear plant had shut down, it would have been offline for days if not weeks, just like a coal plant.
If you are interested you could read up about the so called boron or neutron poisoning ... but I guess you are not.
Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
Not really:
https://www.iaea.org/PRIS/Worl...