{"id":248622,"date":"2023-06-19T19:56:42","date_gmt":"2023-06-19T14:26:42","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=248622"},"modified":"2023-06-19T19:56:42","modified_gmt":"2023-06-19T14:26:42","slug":"transmitting-efficiency-new-re-projects-could-address-a-major-weakness","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/transmitting-efficiency-new-re-projects-could-address-a-major-weakness\/","title":{"rendered":"Transmitting efficiency \u2013 New RE projects could address a major weakness"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cTransmitting efficiency \u2013 New RE projects could address a major weakness<\/strong>\u201d published in Business Standard <\/strong>on\u00a019th<\/sup> June 2023<\/strong>.<\/p>\n

Syllabus: <\/strong>GS 3 \u2013 Environment \u2013 Renewable Energy<\/strong><\/p>\n

Relevance: <\/strong>About NCT\u2019s transmission project and challenges associated with it.<\/p>\n

News<\/strong>: The National Committee on Transmission (NCT) has recently approved six transmission projects. It is an important step toward overcoming hurdles for renewable power projects in India.<\/p>\n

About NCT\u2019s transmission project<\/strong><\/h2>\n

The project will connect green-energy installations and contribute to the goal of transmitting 500 GW of energy from non-fossil fuel sources by 2030<\/strong>.<\/p>\n

The NCT\u2019s approval is part of a plan to transmit 500 GW of energy based on non-fossil fuels by 2030, connecting solar parks and wind-power plants to the national grid.<\/p>\n

Under the plan, the focus is on attracting private sector participation through “traffic-based competitive bidding” (TBCB<\/strong>) for these projects.<\/p>\n

The transmission projects will connect renewable-energy zones (REZs) in<\/strong> Gujarat, Rajasthan, and Maharashtra, as well as hydroelectric power projects in Himachal Pradesh.<\/p>\n

Note:<\/strong> Currently, renewable energy (RE) accounts for only 12% of the country’s power generation, with coal remaining the dominant source.<\/em><\/p>\n

What are the challenges with Renewable Energy projects?<\/strong><\/h2>\n

RE power generation,<\/strong> unlike fossil fuel-based generation, is based on various factors. For example<\/strong>, solar power depends on factors like sunrise, sunset, and cloud cover, while wind power relies on wind speed.<\/p>\n

This variable nature of RE power makes it difficult to integrate it with the transmission of power produced by conventional sources.<\/p>\n

Since the capacity utilization of the transmission system varies between 20 percent and 30 per cent, there are questions about its economic viability.<\/strong><\/p>\n

Another concern which arises is regarding the effectiveness of the traffic-based competitive bidding (TBCB<\/strong>) process<\/strong>.<\/p>\n

While competitive bidding is generally considered a better approach, recent experiences have shown that the chasing of the lowest power tariffs by bidders does not always result in efficient or viable projects.<\/p>\n

For instance,<\/strong> in the solar power sector, competition in project bidding drove prices down to a level where power purchasers backed out of purchasing contracts with RE power generators, hoping for even lower prices in subsequent bids.<\/p>\n

It is therefore crucial that the National Committee on Transmissions’ (NCT) latest plan <\/strong>avoids this issue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cTransmitting efficiency \u2013 New RE projects could address a major weakness\u201d published in Business Standard on\u00a019th June 2023. Syllabus: GS 3 \u2013 Environment \u2013 Renewable Energy Relevance: About NCT\u2019s transmission project and challenges associated with it. News: The National Committee on Transmission (NCT) has recently approved six transmission… Continue reading Transmitting efficiency \u2013 New RE projects could address a major weakness<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,216],"class_list":["post-248622","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-3","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=248622"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/248622\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=248622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=248622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=248622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}