A Long Term Solution for Low PLF ?
PLF = Plant Load Factor
Background
Statistics :
Ø Installed
Capacity of NTPC …………………….. 66,075 MW
Ø NTPC PLF ( 2019 –
20 ).…………………………….68.2 % ( vs.All India > 58 % )
NTPC floats global tender for 1 GWh of grid-scale
battery storage /
MINT / 28 June 2021
Extract :
In a
push to India’s green energy plans, state-run NTPC Ltd has floated a global tender for
setting up a 1,000-megawatt hour (MWh) grid-scale
battery storage system.
According
to India’s apex power sector planning body Central Electricity Authority (CEA),
by 2030, the
country’s power requirement would be 817GW, more than half
of which would be clean energy.
The
NTPC Group has an installed power generation capacity of 65.81 GW through 70 power
projects and has 18 GW under construction.
NTPC
plans to invest ₹1 trillion between 2019 and 2024 to become a 130 GW power producer by
2032. Of this, 60 GW will come from renewable energy sources.
“Amongst
the most promising business models of BESS that’s likely to emerge in the
future is its integration with existing large power plants,
which are required to be flexibly operated to provide either firm, schedulable
power or reliable and balancing support to the grid," the EoI said.
Do not Revive Coal / Carbon
Tracker / 30 June 2021 / hello@carbontracker.org
]
Extract :
Ø Today, new
renewables beat 77% of operating coal, and this will rise to 98% by 2026 and
99% by 2030
Ø China, India,
Vietnam, Indonesia and Japan, are responsible for 80% of the world’s planned
new coal plants and 75% of existing coal capacity. Between them, they plan to build more than 600 NEW
units with a combined capacity of over 300 GW
Ø In these five
countries, 92% of planned coal units will be uneconomic, even under business as
usual, and up to $150 billion could be wasted.
Ø India is the second-largest COAL
POWER producer with around 250 GW of operating capacity and 60 GW in the
pipeline
Ø In India, new
renewables can already generate energy at lower cost than 84 % of operating coal and will outcompete
everywhere by 2024
Ø At the Corporate
level, just 10 companies account for around 40 % of the STRANDING RISK, of
which NTPC and the Adani Group in India and PLN in Indonesia are , by far, the
most EXPOSED
Ø Of the 10 most
EXPOSED companies, 7 are head-quartered in India
Ø Around 27 % of the
existing capacity is already UN-PROFITABLE and another 30 % is close to
break-even, generating a nominal profit of no more than $ 5 per MWh
Ø Around 80 % of the
operating global COAL FLEET could be replaced with NEW RENEWABLES with
immediate cost saving
Ø By 2024, NEW RENEWABLES
will be cheaper than coal in major regions and by 2026, almost 100 % of global
coal capacity will be expensive to run than building and operating NEW
RENEWABLES
HIGH LEVEL RECOMMENDATIONS FOR INVESTORS AND
POLICY-MAKERS :
Ø Cancel all new projects or face $150
bn in value destruction for investors and taxpayers
Ø Governments should use post-COVID
stimulus as an opportunity to lay the foundations for a sustainable energy
system
Ø Enabling market design with a level
playing field allows continued growth of renewables at least cost
Ø In many cases, especially in Asia, governments
should resist the urge to switch from coal to liquefied natural gas (LNG).
=================================================================
MY TAKE :
Ø A good initiative
which was talked about for 3 years
Ø But, if it takes
another 3 years to place orders against this Global tender, I am afraid PLF of NTPC plants
will go down under 50 % - making them economically unviable
Ø In a situation
where power from Solar
projects might start selling at Rs 2 / Kwh, ( and NTPC tariff = Rs 3.38 / unit ), why is NTPC adding 17 new coal-based
power plants ?
Remember,
above-mentioned ( ave ) tariff of Rs 3.38 is due to CAPITAL INVESTMENTS of most
of current NTPC plants being fully depreciated . If not “ averaged out “ ( with depreciated value of old plants ), then
these NEW ( coal-based ) plants will need to sell power at Rs 6 / unit , to be
economically viable ( stand alone mode ) !
Ø I urge Shri Gurdip Singhji ( Chairman
– NTPC / cmd@ntpc.co.in ), that all of 130 GW
addition that NTPC plans to add by 2032, should be SOLAR ( instead of just 60 GW
) – ie: approx. 12 GW / year
Ø During the same 11
year period, at the end of each year ( ie: after addition of 12 GW of Solar ),
NTPC should dismantle 5 GW of its existing COAL-BASED plants ( 55 GW in 11
years )
Ø Central Govt
should devise similar DISMANTLING FORMULA for other companies as well
RELATED READINGS :
Ø
Unlimited
Power : and round the clock ? [ 29 July 2016 ]
Extract :
His ministry ( MNRE ) is examining a proposal
submitted by the Power Grid Corporation of India , to generate Solar and Wind
power in the deserts of Rajasthan / Kutchh
/ Lahul and Spiti / Ladakh
These deserts have , between them , the potential
to generate 315.7 GW of Solar
plus Wind power !
And when this becomes a reality , sun shining over
Ladakh will light up a lamp in Andaman-Nikobar islands !
For the entire project, the investments envisaged
are :
# By 2022............. Rs 2
lakh*crore
# By 2032..............Rs 16
lakh*crore
# By 2050...........
Rs 43 lakh*crore
============================================================================================================
Ø
Piyush
Goyal is a Visionary ! ……………………………[ 19 Mar 2017 ]
Extract :
Dear Piyush Goyalji :
Ø
Please expedite your approval of the
proposal submitted by the Power Grid Corporation of India , to generate 315.7 GW of Solar power in the deserts
of Rajasthan / Kutchh / Lahul and Spiti /
Ladakh
Make a beginning with 10
GW
That will enable you to provide
power to homes / offices and factories all over India at Rs 1.0 per Kwh !
Then challenge Elon Musk , to set up 100 BATTERY STORAGE SYSTEMS ( of 100
MW each ) all over
India, using his POWERPACK batteries,
the way he plans to do in Australia
Ø
From
Ladakh with Love ( and Sun Shine ) ……………….[ 09 Aug 2018 ]
Extract :
Ø
The Centre is in the process of
coming out with a SINGLE BID for setting up a storage linked solar power project in Ladakh.
Ø
“Ladakh has the highest potential, of
about 35,000 MW,
for solar power in India.
Ø
So we are talking about coming out
with one bid of 25,000 MW with
storage,” said Minister of State
(Independent Charge) for Power and Renewable Energy, RK Singh.
Ø
A
PM’s Dare ? ……………………………………………………………..[ 08 Jan 2020 ]
Extract :
Ø
At recently concluded 107th Indian
Science Congress, Shri Narendra Modi challenged the scientists to develop new
battery types , saying :
“ We need
to pay attention to grid management as we expand our renewable
energy supply
These
require developing new battery types which are,
# based
on environmentally benign
materials,
#
not monopolistic,
# affordable on 100s of Giga-Watt scale,
# suitable for tropical climates ”
Ø
Sun
: Power that never fails …………………………………..[ 05
June 2020 ]
Extract :
Ø
Yesterday, I came across
following RFP ( Request For Proposal )
on the website of Ministry of New and
Renewable Energy [ (www.mnre.gov.in ] :
https://mnre.gov.in/img/documents/uploads/file_f-1590573144563.pdf
Developing a
long-term vision, implementation plan, road map and institutional
framework for implementing , ONE SUN, ONE WORLD, ONE GRID
Dear Shri R K Singhji,
To sell SOLAR POWER at Re 1 / Kwh, we need hundreds of 1000 MW Grid-Scale
Battery storage systems
That would need lots of funds – which are difficult to raise
because of slow down of Economy due to COVID
I urge you to persuade the Central Cabinet about my following
suggestion :
Ø
Congratulations,
Shri Surjit Bhallaji, …………………………….[ 31 Oct 2019 ]
With
regards,
Hemen
parekh /
01 July 2021 / hcp@RecruitGuru.com
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