Interesting article here in Forbes magazine Includes how Indias draft NEP calls for al power stations after the current ones under construction to be switched from coal to renewable
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But while India’s power demand will double over the next decade, its draft National Electricity Plan (NEP) calls for rising demand to be met with 275 gigawatts (GW) total renewable energy capacity by 2027, without requiring new coal plants beyond those already under construction.
As ever-cheaper renewable energy comes online, increasingly expensive coal generation will fall further from profitability. So how can India’s power sector handle this looming coal crash? ''''''
This is typical of thinking in much of Asia but China and India are leading the way in total cancellations of coal from the future plans
