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Managing variability risk key to growth of renewables

Managing variability risk key to growth of renewables


18 December 2023 | BRIDGE TO INDIA

Managing variability risk key to growth of renewables

India’s power demand grew by a healthy 9% in Jan-Nov 2023 in comparison to 2022. To ensure adequate power supply, the government has mandated all imported coal-fired plants to operate at maximum capacity and imported coal blending with domestic coal. It has further scaled up thermal capacity addition plans to 80 GW new capacity by 2030, a sharp jump from an earlier estimate of 27 GW, in anticipation of sustained increase in demand…

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