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Battery storage cheaper than new coal power plants in TN: Analysis finds

A new economic viability analysis on Friday revealed that renewable energy along with battery storage in Tamil Nadu is cost competitive with new coal power plants. The report finds the levelized cost of energy for a hypothetical hybrid, solar, wind and li-ion battery storage system for the state to be Rs 4.97/kWh in 2021, which falls to Rs 3.4/kWh by 2030. In comparison, cost of electricity produced from new coal power plants in Tamil Nadu is between Rs 4.5-6/kWh. The hybrid system is designed to cater to 1GW of […]

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