banking service chronicle

banking service chronicle
banking service chronicle

Tuesday, July 19, 2022

competition success review

 competition success review

 

competition success review Published this article page no  91 Over period advancement of technologies and economies of scale have resulted in bringing down the tariffs of solar and wind power to below Rs 3.00unit levels lower than the cost of power from the contemporary thermal power plants.  However the RE sector has its own share of issues in terms of intermittent and unpredictable nature of renewable energy and low capacity utilization of transmission system.  The problem gets pronounced with the addition of large scale renewable capacity. In order to manage the infirm nature of power DISCOMs are procuring balancing power from other sources to provide grid stability and to meet its requirements in nonRE hours. This costs more to DISCOMs.  To address the above issues the Draft Scheme makes case for reverse bundling wherein high cost thermal power is allowed to be bundled with cheaper renewable energy and is provided roundtheclock to the DISCOM.  Such bundling of RE power with thermal power can help in o bringing down the overall cost of power supplied to buying utilities o further penetration of renewable energy o overcome the intermittency issues of RE power o Meet the roundtheclock requirement of DISCOMs. Key Features of the Draft competition success review buy.


competition success review

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