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In India, Cost of Wind Power Competes with New Coal

According to a recent report by HSBC Global Research, wind power has become cost competitive with new coal capacity in India. Solar is not far behind; the report also claims it is likely to become cost competitive between 2016 and 2018.

While policies like the reinstatement of the Generation Based Incentive for wind power projects have made them more financially viable, as HSBC reports, this specific change in the viagrabest viagra relationship between wind power and we like it levitra pills coal-based power can be partially attributed to water shortages. In India, thermal power plants account for almost 90 percent of industrial water demand. Coal-fired power plants use significantly more water than renewables like wind and solar, and water shortages have been affecting coal-based power production in India during the past three years, causing some power plants to close partially during the pre-monsoon season.

India already ranked number five for global wind power capacity as of 2011. While improvements to the power grid infrastructure would be necessary to get new wind power generation sources linked to online levitra cheap businesses and homes, this change in relative cost likely coincides with, and perhaps will directly cause, an increase of www.animationnation.com wind power projects in India. As the HSBC report states, “India currently has 1.2GW of installed solar capacity and over 4GW of capacity is at various stages of tariff bidding. We expect commissioning of selected projects within two years.”

via: IEEE Spectrum

image CC BY 2.0 by brownknows

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written by Anna Watson, August 13, 2013
It's nice to read positive headlines and articles with good news from time to time! If I'm feeling down about the state of energy, I like to browse wind turbines. It turns my frown upside down. Here the source of my guiltless-pleasure, in case anyone needs a lift! http://www.directindustry.com/...73614.html
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A MUST READ!!!! Godless Environmentalism: The Failure of Environmental Protection and Our Hidden Power to Save the Planet
written by Bill Thomas, August 13, 2013

I highly recommend the new book release: Godless Environmentalism: The Failure of Environmental Protection and Our Hidden Power to Save the Planet. I read the book, and was amazed by David Page's well researched and clear analysis of the failure of environmental protection. His scientific evidence and generic cialis india revolutionary ideas to save the cialis canada generic planet are shocking yet hopeful. Policy makers can definitely use his advice.


Also check out this video: http://www.youtube.com/watch?v=T4mDT1WaAqo
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Your source link doesn't work
written by Duncan Anderson, August 22, 2013
the link to the HSBC report is giving a 404.

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