February 26, 2018 Read More →

Tamil Nadu Among Nine Global Market Leaders in Renewables

Observer Research Foundation:

New research by US (United States)-based Institute for Energy Economics and Financial Analysis (IEEFA) showed how nine major global power markets, including India’s Tamil Nadu, have achieved an outsize share of wind and solar generation while assuring the security of supply. They are providing compelling examples of the fast-moving evolution of electricity generation. The report, ‘Power-Industry Transition, Here and Now’, includes case studies of markets — ranked by relative share of reliance on variable renewables — that include Denmark, South Australia, Uruguay, Germany, Ireland, Spain, Texas, California and the Indian state of Tamil Nadu. Wind and solar accounted for 14.3 percent of Tamil Nadu’s total electricity generation in 2016-17.

The state leads India in variable renewables market share. It also leads India in installed renewable energy capacity. Of the total 30 GW of installed capacity across the state as of March 2017, variable wind and solar power accounted for 9.6 GW or 32 percent of the total. Firm hydroelectricity added another 2.2 GW or seven percent, nuclear eight percent and biomass and run of river three percent. As such, zero emissions capacity represents a leading 50 percent of Tamil Nadu’s total. With much of Tamil Nadu’s renewable energy coming from end-of-life wind farms installed 15-25 years ago, average utilisation rates are a low 18 percent, making the contribution of variable renewables to total generation even more impressive, the report said.

Tamil Nadu among nine global market leaders in renewables

Posted in: IEEFA In the News

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