Article

2017-05-26 India-Pakistan

India cancels plans for coal power stations due to cheap solar

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Fred 2017-05-26 00:00|| || Front Page|| [10 views ] Top

#1 Not mentioned is India will have to build massive amounts of pumped hydro storage, which will cost more than the coal power stations, even if the solar were free.

Link

Posted by phil_b 2017-05-26 00:18|| 2017-05-26 00:18|| Front Page Top

#2 I hope it's grid-tied.

Posted by gorb 2017-05-26 01:12|| 2017-05-26 01:12|| Front Page Top

#3 IEFFA webpage: Accelerating the transition to a diverse, sustainable and profitable energy economy.
Yes indeed, could we have the Morton Salt Girl graphic, please?

Posted by magpie 2017-05-26 01:30|| 2017-05-26 01:30|| Front Page Top

#4 IEFFA description from their website:

"The Institute for Energy Economics and Financial Analysis (IEEFA) conducts research and analyses on financial and economic issues related to energy and the environment. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy."

So in other words, they're an NPO getting funding from the greens.

A BIG Morton Salt Girl graphic is indeed warranted.

Fortum (the solar provider) will make buckets of money up front. When the competition is gone, they'll jack their rates to make more, collect until their costs are covered plus 1,000%, and then walk away (probably complaining about 'government interference' or something).

Posted by Mullah Richard 2017-05-26 08:42|| 2017-05-26 08:42|| Front Page Top

#5 Probably some power play between groups of corrupt Indian bureaucrats for the largest share of the bribe money.
As to Fortum, a friend in the Petroleum Engineering field, once told me that the reason the Bhopal litigation never went anywhere (by Western lawfare standards) was that the Indian government wants a controlling 51%+ interest in any major projects -- so any future litigation would have the Indian government agreeing to sue itself for damages. Highly unlikely.

Posted by magpie 2017-05-26 18:09|| 2017-05-26 18:09|| Front Page Top

22:56 gorb
22:56 Grunter in Sydney
22:06 Anomalous Sources
21:19 ed in texas
21:00 Skidmark
20:39 CrazyFool
19:12 Skidmark
19:11 Skidmark
19:10 Skidmark
19:09 Skidmark
18:57 ed in texas
18:21 Zenobia Floger6220
18:12 magpie
18:09 magpie
18:07 Zenobia Floger6220
17:21 Sock Puppet of Doom
16:33 Elmerert Hupens2660
15:50 Frank G
15:48 DarthVader
15:44 Frank G
15:37 swksvolFF
15:37 Frank G
15:36 Iblis
15:35 Frank G