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INDIA CAN SAVE $1.2 BILLION A YEAR BY SHUTTING OLD COAL PLANTS: CEEW STUDY

INDIA CAN SAVE $1.2 BILLION A YEAR BY SHUTTING OLD COAL PLANTS: CEEW STUDY

Context

According to a study by Council on Energy, Environment and Water (CEEW), India can save $1.2 billion per year by shutting down some old coal-burning power plants and allowing newer ones to run for longer hours.

Key Points About the Study:

  • The report says that India ought to rapidly decommission wasteful coal-fired capacity of 30 gigawatts.
  • The nation should likewise save 20 gigawatts of plant reserves.
  • Closing down the old plants, which devour more coal, can assist with diminishing greenhouse-gas emissions, clean up the air of the nation and reduce water and soil pollution.
  • Shutting down the old plants will likewise enhance the use capacity of the thermal fleet which is right now being underutilized.
  • Each passing year of delay of closing down the old plants in the nation increases the burden of higher electricity bills as well as water, air and soil pollution.
  • As of now, India has 203-gigawatt of coal power. This records for 53% of the nation's  installed capacity generation and around 70% of the electricity output of the country.

Council on Energy, Environment and Water (CEEW):

  • Commonly known as CEEW it is a Delhi-based not-for-profit policy research institution.
  • Some of CEEW's research areas include resource efficiency and security; water resources; renewable energy; integrated energy, environment and water plans;  sustainability finance; energy-trade-climate linkages; and climate geoengineering governance.

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