• Home
  • About Us
  • Disclaimer
  • Contact
Sunday, April 2, 2023
News Monks
  • .
  • National
    • All
    • Chennai
    • Dehradun
    • Delhi
    • Goa
    • Gujarat
    • Hyderabad
    • Indor
    • Jammu & Kashmir
    • Kolkata
    • Maharashtra
    • Panjab
    • Rajasthan
    • Tamilnadu
    PM meets International Telecommunication Union Secretary General, Doreen Bogdan- Martin

    PM meets International Telecommunication Union Secretary General, Doreen Bogdan- Martin

    On Women’s Day, Great Lakes launches ENCORE – A platform for women who want to re-start their careers

    On Women’s Day, Great Lakes launches ENCORE – A platform for women who want to re-start their careers

    Japan’s Makoto Iwasaki emerges early leader at Gujarat Open 2023

    Japan’s Makoto Iwasaki emerges early leader at Gujarat Open 2023

    Mirchi launches a new morning show in 6 cities of Gujarat with a popular actor, anchor, and radio jockey RJ Ruhan

    Mirchi launches a new morning show in 6 cities of Gujarat with a popular actor, anchor, and radio jockey RJ Ruhan

    Chief Minister Shri Bhupendra Patel inaugurated the 30th IPA Congress and 60th Pedicon Convention in Gandhinagar

    Chief Minister Shri Bhupendra Patel inaugurated the 30th IPA Congress and 60th Pedicon Convention in Gandhinagar

    Gujarat Minister, Shri Kanubhai Desai inaugurates  Dr Agarwals first super specialty eye hospital in Vapi

    Gujarat Minister, Shri Kanubhai Desai inaugurates Dr Agarwals first super specialty eye hospital in Vapi

    BioAsia 2023 Confers the Genome Valley Excellence Award upon Professor Robert S. Langer

    BioAsia 2023 Confers the Genome Valley Excellence Award upon Professor Robert S. Langer

    A MATRILINEAL STATE’S JOURNEY TO BIG SUCCESS: HOW MEGHALAYA MADE IT’S MARK IN THE STARTUP SPACE OF INDIA

    A MATRILINEAL STATE’S JOURNEY TO BIG SUCCESS: HOW MEGHALAYA MADE IT’S MARK IN THE STARTUP SPACE OF INDIA

    CINÉPOLIS opens its biggest multiplex in Delhi– Cinepolis Pacific Mall, NSP, Pitampura

    CINÉPOLIS opens its biggest multiplex in Delhi– Cinepolis Pacific Mall, NSP, Pitampura

    Chief Minister inaugurates the first Sherpas meeting of the U20-Urban Summit held in Ahmedabad

    Chief Minister inaugurates the first Sherpas meeting of the U20-Urban Summit held in Ahmedabad

    Trending Tags

    • Gujarat CM
    • PM Modi
    • Hotel
    • indian team
    • India
    • Indian Army
    • hotstar
    • Gujarati
    • Modi
    • Mrs India
    • corona
    • Covid-19 Coronavirus
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • BusinessIn Trend
    • All
    • Automobile
    • Aviation
    • E Commerce
    • E-Waste
    • Economy
    • Electronics
    • Fashion
    • Finance
    • Food and Beverage
    • Footware
    • Logistics
    • Real Estaete
    • Share Market
    • Solar Energy
    • Telecom
    • Travel
    With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign

    With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign

    Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform

    Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Ansell Kovai Packing and Irradiation Operations – Phase 1 Go Live

    Ansell Kovai Packing and Irradiation Operations – Phase 1 Go Live

    PM lays foundation stone and dedicates development projects worth more than Rs. 1780 crores in Varanasi, Uttar Pradesh

    PM lays foundation stone and dedicates development projects worth more than Rs. 1780 crores in Varanasi, Uttar Pradesh

    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • TechHot
    • All
    • Android Os
    • Apple
    • Laptop
    • Mobile
    • SEO / eMarketing
    • Tablet PC
    • Windows
    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Premium Phones Like Galaxy S23 series to Stay in Demand Despite Slowdown: TM Roh

    Premium Phones Like Galaxy S23 series to Stay in Demand Despite Slowdown: TM Roh

    Acer launches the New Nitro 5 Laptop, India’s first gaming laptop with AMD Ryzen 7000 Series

    Acer launches the New Nitro 5 Laptop, India’s first gaming laptop with AMD Ryzen 7000 Series

    Teach For India conducts Educational Conclave at Ahmedabad

    Teach For India conducts Educational Conclave at Ahmedabad

    Maa-ko-god-lena-hai-mahayatra-of-the-campaign-will-travel-across-india-called-for-cow-protection-jagatguru-ji-shri-shri-santoshi-baba

    Maa-ko-god-lena-hai-mahayatra-of-the-campaign-will-travel-across-india-called-for-cow-protection-jagatguru-ji-shri-shri-santoshi-baba

    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket
No Result
View All Result
  • .
  • National
    • All
    • Chennai
    • Dehradun
    • Delhi
    • Goa
    • Gujarat
    • Hyderabad
    • Indor
    • Jammu & Kashmir
    • Kolkata
    • Maharashtra
    • Panjab
    • Rajasthan
    • Tamilnadu
    PM meets International Telecommunication Union Secretary General, Doreen Bogdan- Martin

    PM meets International Telecommunication Union Secretary General, Doreen Bogdan- Martin

    On Women’s Day, Great Lakes launches ENCORE – A platform for women who want to re-start their careers

    On Women’s Day, Great Lakes launches ENCORE – A platform for women who want to re-start their careers

    Japan’s Makoto Iwasaki emerges early leader at Gujarat Open 2023

    Japan’s Makoto Iwasaki emerges early leader at Gujarat Open 2023

    Mirchi launches a new morning show in 6 cities of Gujarat with a popular actor, anchor, and radio jockey RJ Ruhan

    Mirchi launches a new morning show in 6 cities of Gujarat with a popular actor, anchor, and radio jockey RJ Ruhan

    Chief Minister Shri Bhupendra Patel inaugurated the 30th IPA Congress and 60th Pedicon Convention in Gandhinagar

    Chief Minister Shri Bhupendra Patel inaugurated the 30th IPA Congress and 60th Pedicon Convention in Gandhinagar

    Gujarat Minister, Shri Kanubhai Desai inaugurates  Dr Agarwals first super specialty eye hospital in Vapi

    Gujarat Minister, Shri Kanubhai Desai inaugurates Dr Agarwals first super specialty eye hospital in Vapi

    BioAsia 2023 Confers the Genome Valley Excellence Award upon Professor Robert S. Langer

    BioAsia 2023 Confers the Genome Valley Excellence Award upon Professor Robert S. Langer

    A MATRILINEAL STATE’S JOURNEY TO BIG SUCCESS: HOW MEGHALAYA MADE IT’S MARK IN THE STARTUP SPACE OF INDIA

    A MATRILINEAL STATE’S JOURNEY TO BIG SUCCESS: HOW MEGHALAYA MADE IT’S MARK IN THE STARTUP SPACE OF INDIA

    CINÉPOLIS opens its biggest multiplex in Delhi– Cinepolis Pacific Mall, NSP, Pitampura

    CINÉPOLIS opens its biggest multiplex in Delhi– Cinepolis Pacific Mall, NSP, Pitampura

    Chief Minister inaugurates the first Sherpas meeting of the U20-Urban Summit held in Ahmedabad

    Chief Minister inaugurates the first Sherpas meeting of the U20-Urban Summit held in Ahmedabad

    Trending Tags

    • Gujarat CM
    • PM Modi
    • Hotel
    • indian team
    • India
    • Indian Army
    • hotstar
    • Gujarati
    • Modi
    • Mrs India
    • corona
    • Covid-19 Coronavirus
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • BusinessIn Trend
    • All
    • Automobile
    • Aviation
    • E Commerce
    • E-Waste
    • Economy
    • Electronics
    • Fashion
    • Finance
    • Food and Beverage
    • Footware
    • Logistics
    • Real Estaete
    • Share Market
    • Solar Energy
    • Telecom
    • Travel
    With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign

    With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign

    Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform

    Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Ansell Kovai Packing and Irradiation Operations – Phase 1 Go Live

    Ansell Kovai Packing and Irradiation Operations – Phase 1 Go Live

    PM lays foundation stone and dedicates development projects worth more than Rs. 1780 crores in Varanasi, Uttar Pradesh

    PM lays foundation stone and dedicates development projects worth more than Rs. 1780 crores in Varanasi, Uttar Pradesh

    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • TechHot
    • All
    • Android Os
    • Apple
    • Laptop
    • Mobile
    • SEO / eMarketing
    • Tablet PC
    • Windows
    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

    Premium Phones Like Galaxy S23 series to Stay in Demand Despite Slowdown: TM Roh

    Premium Phones Like Galaxy S23 series to Stay in Demand Despite Slowdown: TM Roh

    Acer launches the New Nitro 5 Laptop, India’s first gaming laptop with AMD Ryzen 7000 Series

    Acer launches the New Nitro 5 Laptop, India’s first gaming laptop with AMD Ryzen 7000 Series

    Teach For India conducts Educational Conclave at Ahmedabad

    Teach For India conducts Educational Conclave at Ahmedabad

    Maa-ko-god-lena-hai-mahayatra-of-the-campaign-will-travel-across-india-called-for-cow-protection-jagatguru-ji-shri-shri-santoshi-baba

    Maa-ko-god-lena-hai-mahayatra-of-the-campaign-will-travel-across-india-called-for-cow-protection-jagatguru-ji-shri-shri-santoshi-baba

    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket
No Result
View All Result
News Monks
No Result
View All Result
ADVERTISEMENT

Wärtsilä and LUT University Joint Study emphasises investments in flexible generation technologies for India’s energy transition towards 100% renewables by 2050

NewsMonks by NewsMonks
2 years ago
in Business, Economy, Social
3 min read
0
Wärtsilä and LUT University Joint Study emphasises investments in flexible generation technologies for India’s energy transition towards 100% renewables by 2050
18
SHARES
127
VIEWS
Share on WhatsappShare on FacebookShare on Twitter
ADVERTISEMENT

The technology group Wärtsilä and Lappeenranta-Lathi University of Technology (LUT) in Finland recently carried out a first-of-its-kind power system study exploring a carbon neutral power system across India by 2050.

India is currently faced with an energy trajectory that includes multiple imperatives: sustainability, energy access across the country and energy self-sufficiency, while most importantly driving and sustaining rapid economic growth. This joint study by LUT University and Wärtsilä highlights the importance of a cost optimal and carbon-neutral power system in India by 2050. The study analyses the development of the power system in a Best Policy Scenario, in which greenhouse gas (GHG) emissions reach zero across the power sector by 2050 with comprehensive adoption of sustainable energy and flexible technologies.

ADVERTISEMENT

Commenting on the study, Mr. Pieter Hokkeling, Director, Growth & Development, Middle East and Asia, Wärtsilä Energy said, “Wärtsilä’s team of power system modelling experts have systematically invested in building world class knowhow on modeling and analysing the long term environmental and economic impacts of the energy transition, and the need for flexibility in power systems with high shares of renewables across the world. This study focuses on understanding the value of flexibility in power systems beyond the limited scope of pumped storage hydro plants by integrating ICE (Internal Combustion Engines) and storage technologies (batteries and synthetic gas) in achieving a 100% renewable powered system. The study highlights that India stands to gain economically and environmentally by completely shifting towards a renewable powered electricity mix, with flexible technologies providing system reliability”.

Professor of Solar Economy, LUT University, Dr. Christian Breyer on collaboration with Wärtsilä said, “We feel proud to partner with Wärtsilä and contribute our expertise to this strategic modelling exercise. The research determined an economically viable pathway to a carbon neutral Indian power system by 2050, with electricity as the major energy carrier. The findings of the study have clearly resonated with Wärtsilä’s vision of 100% renewable energy future. By combining our work with that of Wärtsilä, this research has turned out to be an eye-opener.”

The study’s key findings include:

  • Total LCOE on average is around 3120 INR/MWh (39 €/MWh) for 100% RE in 2050 in comparison to the total LCOE of 6000 INR/MWh (75 €/MWh) in 2020
  • The total installed capacity grows massively from about 400 GW in 2020 to around 4,000 GW by 2050, an increase of 10 times in the next three decades
  • The share of coal in electricity generation drops from 68% in 2020 to near zero by 2050 as cost effective renewables emerge as the predominant source of electricity generation
  • Gas engines (ICE) have a share of 1.1% in electricity generation in 2050, driven by higher efficiency and lower cost, with the vital role of providing peak supply and balancing
  • The installed electricity storage capacity will increase from about 22 TWh in 2030 to around 95 TWh by 2050. Storage output covers around 35% of the total electricity demand in 2050, of which 99% is contributed by batteries alone
  • The results of the power system transition across India indicate that GHG emissions can be reduced from nearly 1,166 MtCO2eq in 2020 to zero by 2050 across the power sector and enable the country to achieve its climate goals
  • The power transmission capacity increases by more than six times from 2020 to 2050. The cross-state electricity transmitted reaches close to 12% of the total electricity generated in 2050, indicating a key role for the development of transmission and distribution grids.

Chart above: Electricity Generation (TWh) by technology (left) and corresponding shares (right) during the energy transition from 2015 to 2050 across India

The study highlights urgent and continuous need for additional investments in renewable capacities and flexible technologies such as storage and ICE – for maintaining system reliability. Moreover, the study also underscores the importance of strengthening regional and interstate grids, mainly to reduce renewable curtailment and improve exchange of power across the country . Having said that, lots needs to be done on the ground to achieve carbon-neutral power system by 2050, including streamlining policy and regulatory framework at the national and state level and setting-up a balancing market for procurement of right kind of ancillary services during the time of need by the system operator.

Tags: EconomyEnergy ConservationLUT UniversityWärtsilä
NewsMonks

NewsMonks

Related Posts

With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign
Business

With apromise ofextra mileage to bikers, Valvoline™ launches its new TVC campaign

March 29, 2023
Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform
Business

Coal India to Digitize 7 Major Coal Mines with Aereo’s Drone Solutions Platform

March 29, 2023
Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution
Business

Synchronize India and Unomer Launch ‘SCORE’ – an IPL Ad Effectiveness Measurement Solution

March 29, 2023

Tags

Acer Agriculture Ahmedabad amazon Automobile Banks bollywood Business Cm gujarat colors Cricket Development Economy education Electronics entertainment Environment Fashion festival finance Food and beverage Government gujarat Health Health and Fitness India Insurance International Medical Movies National PayTm Politics samsung SHAMIM MERCHANT shilpa shah SHILPA Shah Director In-charge HKBBA College Social Sports Technology television Vehicles VR Darshana Ranpura VR Niti Sejpal VR Sunil Gohil
ADVERTISEMENT

NEWS MONKS

News Monks is the News portal who has great reach with the best seo and social media boosting activities. PR agency can contact on newsmonks@gmail.com for more information.

  • About Us
  • Disclaimer
  • Contact

Scan for Mobile

DMCA.com Protection Status

Live Forex Dashboard: 

Forex Rates by TradingView

Stylello.com

NavjivanTimes.com

Khabaristan.com

Facebook  | Linkedin  | Instagram

© 2011 – 2023 NewsMonks –  All rights Reserved. Developed & Owned by MediaHives.com

No Result
View All Result
  • .
  • National
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • Business
    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • Tech
    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket

© 2021 All Rights Reserved by Media Hives. Designed by eMobitech Solutions.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In