Ember warns of economic futility of new coal capacity in India beyond 2032
A modelling study finds India does not need new coal plants beyond current plans through 2032, as overcapacity would raise costs and reduce utilisation across the thermal fleet.
| Countries | Inde |
|---|---|
| Companies | Ember |
| Sector | Stockage énergie, Énergie Solaire, Charbon, Batteries, Photovoltaïque |
| Theme | Marchés & Finance, Analyse sectorielle |
Adding new coal power capacity beyond the targets outlined in India’s National Electricity Plan (NEP) 2032 is neither necessary nor economically viable, according to a study published by energy think tank Ember. The analysis, based on a least-cost operations model, shows that if India achieves its planned additions in solar, wind and storage, new thermal units commissioned from the fiscal year (FY) 2024-25 onward would be largely redundant in the national power mix.
Comments
Sign in to leave a comment.