Low carbon capacity targets in the 13 FYP coupled with a low power demand environment will likely
strand coal capacity.
Not exact matches
The study explored strategies to reduce
stranded capacity in
coal power plants, while limiting future climate change to the internationally agreed 2 °C target.
This approach helps utilities refinance the costs of
stranded coal generation assets and redirect savings toward cheaper renewable energy to replace generation
capacity, while directing funds to communities or workers affected by
coal closures.
While NTPC is among the top 10
coal utilities globally with 44 GW
coal - fired
capacity, it is perhaps one of the Indian utilities most at risk from
stranded assets.
The 50 GW of planned
coal could push national
coal capacity factors as low as 50 %, just as gigawatts of cheap renewables come online, meaning unless new plants replace retiring
capacity they could come online as
stranded assets.
As power demand growth slows from a historical average of 10 % to 3 % or less per year, the
coal capacity in the pipeline, as well as some existing
coal capacity, risks becoming
stranded due to low carbon
capacity targets, ongoing reforms in the power sector and carbon pricing.