Ex, rbi no wonder our country is looked down uponIndia should stick with IT services, because manufacturing consumes more Energy
Gems of Rajan
World cannot afford India to follow China's manufacturing model, says Raghuram Rajan
"Weightless services also consume little energy on the way to the final consumer, unlike manufactured goods. Export-led services growth will be much less environmentally harmful – the world cannot afford India to follow Chinas path, even if it were open to it," former RBI Governor Raghuram Rajan...economictimes.indiatimes.com
baseload has to be with either coal or nuclear. coal is cheap, coal power plants are less complicated than nuclear powerplants. nuclear tech is a restricted technology.We need to phase out coal power plant & technology. They have gone the way of whalers and whale oil. It is obsolete and cause more problems in the long run than benefits. We are better off in building more nuclear power plants, solar power, wind power, chemical battery storage and hydro energy storage. Our reserves of coal will not last that long because we do not have that good quality of coal. To get the same energy output we have to burn at least 2 or 3 times the coal burned in the West.
Hang on cow boy, where did you hear that EU will ever become energy independent? France which produces 70% of electricity through Nuclear power is not energy independent. With respect to renewables Germany has been investing lot of money into Solar and Wind since 2010 and they are now getting battered without imported Russian energy. They started burning more coal ever since they started shutting down Nuclear power plants. And even that coal is imported from Russia. Spain which doesn't have cold winters and has tremendous potential for Solar is not energy independent.5-10 years EU might face hardship but after that they will be pretty energy independent due to plenty of Capex and technology that they have.
You will build new coal based plants and 10 years later when EU might've shifted towards more renewables they will impose penalty/tax on imports that aren't "green" , so better start Green energy now while their economy is getting screwed.
Maybe just Keep coal for domestic based industries.
Coal is cheap in the short term but end up costing more in the long run. Nuclear power plants pay off in the long run. Yes the start up costs are greater than coal power plant's startup costs but overall the operational cost is much less than coal power plants. There's a reason why coal power plants are being phased out en masse out in the US and the West and it has nothing to do with climate change.baseload has to be with either coal or nuclear. coal is cheap, coal power plants are less complicated than nuclear powerplants. nuclear tech is a restricted technology.
the way the western corporates backing "rules based order" responded to russia, we should not be giving up coal. we should keep our options open, and GoI has already considered hence the recent COP commitments.
if it was the case that we have our own commercially valid nuclear tech, your argument will be valid for India too. but we don't.Coal is cheap in the short term but end up costing more in the long run. Nuclear power plants pay off in the long run. Yes the start up costs are greater than coal power plant's startup costs but overall the operational cost is much less than coal power plants. There's a reason why coal power plants are being phased out en masse out in the US and the West and it has nothing to do with climate change.
That is why we need to invest in thorium nuclear tech as this is the only way to become energy independent.if it was the case that we have our own commercially valid nuclear tech, your argument will be valid for India too. but we don't.
can we say with certainty that "rules based order" wallahs will not deny us supply of nuclear fuel giving some lame excuse, 10-20 years from now? no we can't.
Can you quote your source of Ingots costing 60% of the solar panel value chain..renewable is fine if we control the supply chain. Right now we are importing 80% of the value from china. Wont change much in the future as the PLI is still primarily looking at modules and cells, whereas the ingots, silicon etc make up >60% of the value.
But even for coal plants, our very high IQ politicians and even PSUs used to hapilly import all the machinery, boilers etc straight from China, from Harbin electric, Shanghai Electric or even got thier state owned firms like SEPCO3 to build them. Look no further than Adaniji
Look how proud he is.
Chinese power plant contractors take half of Indian market share
China's SEPCO III took more than 20 percent of Indian power plant building market, aid Lu Yanxia, director of SEPCO III’s Mumbai Office. All Chinese power plant contractors occupy less than 50 percent of market share in India.asian-power.com
Shanghai Electric to develop projects, supply equipment in India
Shanghai Electric Group develop large-scale power plants and wind power projects in India based on its agreement with CESC.asian-power.com
Mundra Thermal Power Project in Gujarat state, India
Mundra Thermal Power Project is a coal-based thermal plant with a power generating capacity of 4,620MW in the state of Gujarat in India.www.nsenergybusiness.com
THat incident is recent phenomena because of their pathetic management that their 60% nuclear plants went for maintenance at once . Everything will be normal for France by year end.Hang on cow boy, where did you hear that EU will ever become energy independent? France which produces 70% of electricity through Nuclear power is not energy independent.
Germany fucked up because they didn't think about COMPLEMENTRY SOURCE for the solar panel.With respect to renewables Germany has been investing lot of money into Solar and Wind since 2010 and they are now getting battered without imported Russian energy. They started burning more coal ever since they started shutting down Nuclear power plants.
India is second in world in terms of coal power. And green energy/alternative sources initiatives of Modi were motivated India's own needs, own rising air pollution and needs for energy independence.The West’s Green Delusions Empowered Putin
While we banned plastic straws, Russia drilled and doubled nuclear energy production.www.commonsense.news
Very good , pls ignore the anti Putin rhetoric.
My issue with Modi is he looks to much sucked up into this green energy and climate activism nonsense. When we should be building 4000 MW Coal Power Plants with latest technology backed by captive reserves of coal in East and North India, we are building expensive and less reliable solar and wind farms at expensive cost.
I understand your logic of energy independence, saving of forex and other valid reasonings. My point is that there is underinvestment in fossil fuels and over investment in less reliable power sources. Our per capita electricity consumption is still much lower than world average.Modi is not doing it out of love for green power. The primary goal has always been to become Energy Independent. Now is the best time to start.
Compared to China we are doing less than required. As I mentioned in earlier post, there is under investment in creating fresh thermal capacity. We should be building plants like there is no tomorrow.36 GW new coal power plants are under proposal.
need less to say, with solar power plants you don't have to worry about running coal trains hence eliminating input costs.
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After China, India has most proposed coal-powered plants: Re ..
Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst
My point remains we are under investing in coal. We need more exposure in coal than we already have. Solar, Green Hydrogen, Wind are good as balancing power sources complimenting coal and gas. It cannot be allowed to replace coal.India is second in world in terms of coal power. And green energy/alternative sources initiatives of Modi were motivated India's own needs, own rising air pollution and needs for energy independence.
Energy is last thing where India has ever bowed down to foreign pressure. Be it buying energy from Iraq or Iran or Russia. Isn't it?
Yes, India does not need to think too much about environmental protection, that is the responsibility of developed countries.My point remains we are under investing in coal. We need more exposure in coal than we already have. Solar, Green Hydrogen, Wind are good as balancing power sources complimenting coal and gas. It cannot be allowed to replace coal.
"We should be building plants like there is no tomorrow."Compared to China we are doing less than required. As I mentioned in earlier post, there is under investment in creating fresh thermal capacity. We should be building plants like there is no tomorrow.
The share of renewables is still a rounding figure as compared to total capacity despite trillions in subsidies and anti fossil fuel narrative in last 2 decades.