For a greater energy transition, repurposing the coal plants for generation of renewable energy ensures huge benefits for the country. Explain (200 Words)
Refer - The Indian Express
Enrich the answer from other sources, if the question demands.
IAS Parliament 4 years
KEY POINTS
Coal plants are grappling with emission of harmful gases and become unprofitable to power utilities, also uneconomical.
Energy transition
· Repurposing reduces decommissioning costs because it allows partial re-use of existing assets such as the degraded land.
· It reduces the cost of commissioning greenfield renewable capacity at the same site.
· Repurposing manifests in multiple end uses, leading to economic diversification and industrial rejuvenation, benefiting local economies and the workforce.
· It could provide a lucrative exit strategy for stranded and stressed coal plants.
· Repurposing coal plant equipment allows for retaining a part of the reactive power service for voltage control.
· Provision for solar and battery storage will offer higher net benefits as a percentage of combined capital expenditure into the future, given the continued rapid fall in battery prices.
These highlight the potential economic benefits of approaching end-of-life coal plant repurposing for utilities, the power system and society at large.
Venkateshwaran R 4 years
Kindly provide feedback. Thank you Mam/Sir
IAS Parliament 4 years
Try to include about usage of batteries in decommissioned coal plants to store the energy obtained from solar plants. Keep Writing.
Harsh 4 years
Please review
IAS Parliament 4 years
Try to underline key points and stick to word limit. Keep Writing.