Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas RSS 




Study Shows India Can Integrate 175 GW of Renewable Energy into Its Electricity Grid

 

July 12, 2017 (Investorideas.com Newswire) The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) has confirmed the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India's grid by 2022.

The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) has confirmed the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India's grid by 2022.

Working with the Ministry of Power and USAID -- with co-sponsorship from the World Bank (ESMAP) and the 21st Century Power Partnership -- NREL; Power System Operation Corporation, Ltd. (POSOCO); and Lawrence Berkeley National Laboratory (LBNL) produced the study Greening the Grid: Pathways to Integrate 175 Gigawatts of Renewable Energy into India's Electric Grid. The team used advanced weather and power system modeling to answer many questions about how India's electricity grid can manage the variability and uncertainty of India's ambitious 2022 renewable energy target of 175 GW of installed capacity, including 100 GW of solar and 60 GW of wind, up from 9 GW of solar and 29 GW wind installed today.

"With renewable energy auction prices at record lows, an immense amount of renewable energy growth is anticipated to be added to India's power system," said Principal Investigator Jaquelin Cochran, a manager in NREL's Strategic Energy Analysis Center. "We wanted to provide a systematic way to plan for that. The results of our study can inform policy and regulatory decisions that support system flexibility and renewable energy investment in India."

The results demonstrate that power system balancing, where supply of electricity meets the demand, with 100 GW solar and 60 GW wind is achievable with minimal renewable energy curtailment. Curtailment is the amount of renewable energy generated that cannot be used due to grid limitations. India's current coal-dominated power system has the flexibility to accommodate the variability associated with the renewable energy targets. Low-renewable-energy, coal-dominant states can play an important role by implementing operational changes that would facilitate renewable energy integration nationwide.

The study used a detailed production cost model to identify how the Indian power system is balanced every 15 minutes, the same time frame used by grid operators. The results reveal operational impacts, such as:

The study also evaluated strategies to better integrate renewable energy and demonstrated the importance of policy and market planning. The results of the study indicate that:

The results were based on a number of key assumptions the model made about India's power distribution system in 2022, including perfect transmission planning existing within each state, but not necessarily on corridors between states; compliance of all coal plants with the Central Electricity Regulatory Commission regulation that coal plants be able to operate at 55% of rated capacity; and perfect load forecasting, so that results would not conflate wind and solar power forecast errors with load forecast errors.

"The challenge is harnessing the existing physical flexibility of the power system through appropriate market designs, operational rules, incentive mechanisms, and other regulatory and policy changes," said Sushil Kumar Soonee, coauthor of the report and former CEO of Power System Operation Corporation Limited (POSOCO). "Robust planning will be critical to achieving the renewable energy goals set by the Indian government. In parallel with institutional changes, what happens at the state level will require follow-up and investigation. Additional studies will be needed to evaluate transmission and operations planning and generator flexibility as India advances toward its goal over the next five years."

Input data, assumptions, and study results were validated extensively by experts from across the Indian power system -- through a multi-institutional modeling team and a broad stakeholder review committee. Technical stakeholder review and guidance were provided by more than 150 technical experts from central agencies; state institutions, including grid operators, power system planners, renewable energy nodal agencies and distribution utilities; and the private sector, including renewable energy developers, thermal plant operators, utilities, research institutions, market operators, and other industry representatives.

This is the first volume of a two-part report. The first volume, the National Study, explores high-level trends and considerations from a national perspective. The second volume, to be released later this month, takes a more in-depth look at system operations in the Western and Southern regions. For an overview of the National Study's key findings, policy impacts, and potential actions, read the executive summary. For additional details, visit the website and download the full study.

NREL is the U.S. Department of Energy's primary national laboratory for renewable energy and energy efficiency research and development. NREL is operated for the Energy Department by The Alliance for Sustainable Energy, LLC.

Media may contact:

Heather Lammers
303-275-4084
Heather.Lammers@nrel.gov


RenewableEnergyStocks.com: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks


More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner