NewEnergyNews

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, 24 July 2012

GE TURBINES MAKE WIND CHEAPER THAN COAL IN INDIA

Posted on 05:38 by Unknown
GE Turbines Help Greenko Drive Wind Power Cost Below Coal

Natalie Obiko Pearson, July 18, 2012 (Bloomberg BusinessWeek)

“The cost of wind power has dropped below the price of coal-fired energy in parts of India for the first time as improved turbine technology and rising fossil-fuel prices boost its competitiveness, Greenko Group Plc (GKO) said…

“The cost of wind has closed in on coal thanks to more advanced turbines, which can produce more electricity from lower wind speeds. The shift means new wind farms in India will be able to survive without state subsidies, potentially attracting investors to a country where 57 percent of installed capacity is coal-based and 31 percent renewable, including hydropower.”

click to enlarge

“Greenko began operating its first wind project in Ratnagiri in Maharashtra state this year using 1.6-megawatt GE turbines designed for low winds. That farm is…[getting an unprecedented in India] 30 percent plant load factor…[Greenlo] has signed agreements for more than 1,000 megawatts of wind capacity and a three-year contract to buy at least 450 megawatts of GE turbines. State power distributors in places such as Karnataka, Rajasthan, Maharashtra and Andhra Pradesh…[are buying] because we’re cheaper…”

“The economics of Indian wind developments may lure investors away from markets such as the U.S., where the end of a tax break for wind-power utilities could cause a 75 percent slump in new installations next year…The current cost to build wind farms in India is [still] about $1.25 million a megawatt…[with] turbines that are 20 percent more efficient than in the past…”

Tweet

Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • NEW ENERGY IN THE 2012 MARKET
    Clean Edge Stock Index Update – Q2 2012; Quarterly update on CELS, QWND, and QGRD through June 30, 2012 August 21, 2012 (Clean Edge) “CELS i...
  • SOLAR PRICES CONTINUE TO FALL
    Costs Of Solar Energy Rapidly Declining Throughout U.S. Market 27 November 2012 (Solar Industry) “The installed price of solar photovoltaic ...
  • WIRELESS BLDG ENERGY MANAGEMENT SPREADING
    Wireless Control Systems for Smart Buildings; ZigBee, EnOcean, Wi-Fi, and Other Wireless Networks for HVAC, Lighting, Fire & Safety, and...
  • SUN SCORES HIT ON WALL STREET
    SolarCity's Stock Debut: Wall Street Success In A Struggling Market? Jessica Lillian, 13 December 2012 (Solar Industry) "Shares in…...
  • (no title)
    Beautifully stated. Tweet
  • ALL WIND WANTS IS WHAT NAT GAS GOT
    In a shale state, give wind power its respective due Jeff Perkins, November 12, 2012 (Pennsylvania Patriot-News) “…Shale gas [went from a bi...
  • A ROADMAP FOR BIG SOLAR
    Obama Administration Releases Utility-Scale Solar Development Roadmap 15 October 2012 (Solar Industry) “…[The Department of Interior (DOI)] ...
  • WIND FARMS IN THE SUBURBS
    Developer Makes The Case For Urban Wind Energy Development Mark Del Franco, 31 January 2013 (North American Windpower) “Kruger Energy's ...
  • NEW ENERGY CAN BE $1.9 TRIL BY 2018
    The domestic clean energy economy needs national policies to innovate, manufacture, and compete January 17, 2013 (The Pew Charitable Trusts)...
  • STORING HEAT FOR POWER
    Thermal Energy Storage; Thermal Storage for HVAC in Commercial Buildings, District Cooling and Heating, Utility and Grid Support Application...

Blog Archive

  • ►  2013 (231)
    • ►  August (15)
    • ►  July (45)
    • ►  June (28)
    • ►  May (29)
    • ►  April (33)
    • ►  March (36)
    • ►  February (27)
    • ►  January (18)
  • ▼  2012 (269)
    • ►  December (30)
    • ►  November (35)
    • ►  October (25)
    • ►  September (26)
    • ►  August (39)
    • ▼  July (39)
      • PHEV GO, EV NO
      • FEDS SPEED SOLAR PERMITS
      • U.S. LEVIES WIND TOWER TARIFF ON CHINA, VIETNAM
      • GE SUFFERS FROM GOP BLOCK ON WIND INCENTIVE
      • A TRILLION $$$ FOR NEW ENERGY
      • HOW A COAL BURNER CAN CLEAN UP
      • OFFSHORE WIND CAN BE PEAK POWER
      • NEW HAMPSHIRE WIND BOOM
      • SOLAR’S TAX CREDIT PAYS 10% PROFIT
      • GE TURBINES MAKE WIND CHEAPER THAN COAL IN INDIA
      • WIND IS WORTH BILLIONS TO ILLINOIS
      • CHINA SUN COUNTERATTACKS AT U.S. POLYSILICON
      • TOPS AND FLOPS OF ENERGY EFFICIENT NATIONS
      • 1,800 MW OFFSHORE WIND FROM SIEMENS TO UK
      • U.S. BATTERY MAKER SUPPLIES CHINA GRID
      • WHO GOT SOLAR VC $$$ IN Q2
      • NEW AND CLEARER NEW ENERGY COST DATA SOURCE
      • GREAT LAKES OFFSHORE WIND PICKS A TURBINE
      • WIND FOR NEW ENGLAND
      • REGULATOR’S REPORT ON SAN ONOFRE DUE
      • PLUG IN CARS AND THE SMART GRID
      • BIG MONEY IN SERVICING WIND
      • HOUSE REPUBLICANS ATTACK NEW ENERGY
      • THE ADVENT OF ULTRA HVDC
      • THE HVDC ADVANTAGE
      • A BETTER SOLAR ROOF
      • HOW WIND WILL USE NEW BIRD RULES
      • UTILITIES’ SNEAK ATTACK ON CA SOLAR
      • MAKING OCEAN ENERGY BETTER
      • 40% MORE NEW ENERGY BY 2017
      • THE ENERGY STORAGE MARKET RIGHT NOW
      • TOP PV MAKERS TO COME BACK NEXT YEAR
      • CAPE WIND BEGINS PRE-BUILDING
      • ARKANSAS WANTS NEW ENERGY
      • BIG $$$ PARTNERS FOR BIG ILLINOIS WIND
      • MASSACHUSETTS BACKS SOLAR HOT WATER
      • LONG ISLAND UTILITY GETS F-I-T
      • $30BIL FED SUPPORT FOR COAL
      • ANOTHER STEP AHEAD FOR CAPE WIND
    • ►  June (27)
    • ►  May (48)
Powered by Blogger.

About Me

Unknown
View my complete profile