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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.
.... and what about the health externalities from fossil fuels, troll? What do those cost?
I don't respond to AC's.
"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.
Meanwhile in the real world, oil and natural gas stocks are going through the roof.
Well, the world population is still growing and despite a modest counter-effect from greener technology and greener living more and more people can afford a higher and more energy-intensive lifestyle. For example, the US has 797 cars per 1000 people, China got 154 and India 42. With economic growth there will likely be a market for billions of cars more and only a fraction of those will be EVs. Imagine a billion Indians who want AC when it's 40C outside. There'll be plenty demand for cheap energy for the foreseeable future, renewable and non-renewable.
Live today, because you never know what tomorrow brings
Not exactly getting something for nothing. The energy to turn those blades have to come from somewhere.
It will come from slowing down the air that passes by the blades, while its not a quantum butterfly effect, there will still be some sort of effect caused from pulling energy out of the air.
One turbine won't cause anything measurable, 1000 probably not as well. 1,000,000 you might see something. The effect might be something like a mountain, and cause a down draft convection effect on the downwind side of a turbine farm. Who knows maybe we can use large wind farms for both energy and weather control.
No matter what the air leaving the turbine farm will have less energy than the air going in, which will cause a pressure difference between the air above and air below, a pressure difference before the farm and after. Maybe it will be a quantum butterfly after all.
Software Engineer & Writer of Military Science Fiction and Fantasy Blog: petermwright.com Twitter: WrightPeterM
The days will get longer due to the increased drag on the planet. This will tie in with the secret plans of the 1% to surreptitiously increase the work day. This will be marketed as an increase in leisure time to the SJWs to get them on side.
1,000,000 you might see something.
This has been debunked over and over again. The amount of kinetic energy available in wind could power the entire planet several times over on exclusively wind before the coefficient of drag ends up having an effect on the air currents enough to cause a shift in climate.
You think a wind farm is bad, you should see what trees do! They are devastating to that kinetic energy.