Slashdot Mirror
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.
Per-capita electricity use in India is 1,122 kWh/person/year. That's less than 100 per month. So...
> Roughly 30 kWh per month per person. That is practically nothing
It's 30% of everyone's usage. Which is "practically amazing".
"You know those necklaces they give you when you land there?"
That's Hawaii.
Aloha.
"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'."
No. In Germany, the latest off-shore Wind turbines declined any subsidies, they no longer need them.
"Offshore Wind Farms Offer Subsidy-Free Power for First Time"
https://www.bloomberg.com/news...
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.