Describe government policy for harnessing the potential power of renewable energy sources
1 Answer
1) Promote hybridization of solar and wind energy and build ancillary markets:The synergy in a hybrid wind and solar plant will help reduce variability in power generation. Hybrid projects would also have much higher capacity utilization factors, thus practically eliminating the intermittency challenge. Such projects have the additional benefit of reducing the costs associated with the sharing of transmission lines.
2) Build enhanced evacuation infrastructure: We need greater investment in high-voltage transmission lines to transport bulk energy over vast distances quickly and efficiently from power-rich to power-scarce states.
3) Invest in digitalization: There is huge potential for advanced software solutions that can optimize grid-level operations besides impacting consumer behaviour. The creation of demand response programmes.
4) Develop battery storage solutions: As battery storage costs continue to fall precipitously, they will become an increasingly important tool for managing the fluctuating pattern of renewable energy generation.
5) Turnaround the distribution companies: Nearly a quarter of electricity generated is lost in transmission because India’s distribution companies (known here as discoms) use outdated infrastructure, resulting in line faults and leakages, as well as undersized and over-utilized transformers.
2) Build enhanced evacuation infrastructure: We need greater investment in high-voltage transmission lines to transport bulk energy over vast distances quickly and efficiently from power-rich to power-scarce states.
3) Invest in digitalization: There is huge potential for advanced software solutions that can optimize grid-level operations besides impacting consumer behaviour. The creation of demand response programmes.
4) Develop battery storage solutions: As battery storage costs continue to fall precipitously, they will become an increasingly important tool for managing the fluctuating pattern of renewable energy generation.
5) Turnaround the distribution companies: Nearly a quarter of electricity generated is lost in transmission because India’s distribution companies (known here as discoms) use outdated infrastructure, resulting in line faults and leakages, as well as undersized and over-utilized transformers.