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India Eyeing 40 GW FDRE Shift for Reliable Green Energy
7 Dec
Summary
- Over 40 GW of uncontracted renewable energy may shift to FDRE.
- FDRE combines wind, solar, and battery storage for reliable dispatch.
- FDRE offers 24/7 power at Rs 5.5 per unit, cheaper than coal.
The Indian government is evaluating a significant transition for over 40 GW of uncontracted renewable energy capacity towards Firm and Dispatchable Renewable Energy (FDRE) solutions. This strategic shift aims to enhance reliability in the nation's green energy portfolio, addressing intermittency issues common with plain wind and solar projects.
FDRE projects uniquely integrate advanced wind, solar, and battery energy storage systems (BESS). This synergy enables consistent and reliable energy dispatch, even during peak demand periods. Such a move is crucial as India strives to meet its ambitious goal of achieving 500 GW of non-fossil fuel-based energy capacity.
Industry leaders anticipate strong consumer acceptance of FDRE, despite potential tariff differences. With 24/7 power available at approximately Rs 5.5 per unit, FDRE is positioned as a cost-effective alternative, even competitive against coal power for continuous energy supply.
