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Cheaper renewable energy has soared past nuclear power (in India)
http://www.sentinelassam.com/editorial/story.php?sec=3&subsec=0&id=260959&dtP=2016-03-19&ppr=1[font face=Serif][font size=5]Cheaper renewable energy has soared past nuclear power[/font]
By Amit Bhandari
[font size=3]Renewable energy in India has overtaken nuclear power as the country seeks carbon-free sources of energy to balance its reliance on coal. Such energy generation in India is higher than its nuclear power generation and is growing at a much faster pace because it is cheaper and quicker to install. The cost of renewable energy is now lower than the cost of nuclear power and does not come with attendant risks, such as this week’s radioactive fuel leak in Gujarat.
Renewable-energy generation in India was 61.8 billion units, versus 36.1 billion units of nuclear-power generation during the financial year (FY) 2014-15. Renewable energy accounted for 5.6 percent of electricity generated in India, against 3.2 percent for nuclear power.
…
If the 2022 solar target is met, it will become India’s second largest energy source. The bulk of India’s renewable energy comes from wind, but solar energy is growing faster with installed capacity reaching 5,775 mega watts (MW) in February 2016. The national solar mission has set a target of 100,000 MW of solar power by 2022. If this target is met, renewable energy will become the second largest source of power for India after coal, and ahead of hydropower, natural gas and nuclear energy.
Nuclear power capacity in India is 5,780 MW. Another 1,500 MW is under construction and another 3,400 MW has been cleared — a total of 10,680 MW by the end of the decade. Renewable energy’s growth is propelled by the falling costs of solar and wind energy, as IndiaSpend reported.
…[/font][/font]
By Amit Bhandari
[font size=3]Renewable energy in India has overtaken nuclear power as the country seeks carbon-free sources of energy to balance its reliance on coal. Such energy generation in India is higher than its nuclear power generation and is growing at a much faster pace because it is cheaper and quicker to install. The cost of renewable energy is now lower than the cost of nuclear power and does not come with attendant risks, such as this week’s radioactive fuel leak in Gujarat.
Renewable-energy generation in India was 61.8 billion units, versus 36.1 billion units of nuclear-power generation during the financial year (FY) 2014-15. Renewable energy accounted for 5.6 percent of electricity generated in India, against 3.2 percent for nuclear power.
…
If the 2022 solar target is met, it will become India’s second largest energy source. The bulk of India’s renewable energy comes from wind, but solar energy is growing faster with installed capacity reaching 5,775 mega watts (MW) in February 2016. The national solar mission has set a target of 100,000 MW of solar power by 2022. If this target is met, renewable energy will become the second largest source of power for India after coal, and ahead of hydropower, natural gas and nuclear energy.
Nuclear power capacity in India is 5,780 MW. Another 1,500 MW is under construction and another 3,400 MW has been cleared — a total of 10,680 MW by the end of the decade. Renewable energy’s growth is propelled by the falling costs of solar and wind energy, as IndiaSpend reported.
…[/font][/font]
