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China's energy storage net news: according to India's economic times reported on August 14, according to the survey, due to the promotion of green energy to higher social costs, India for renewable energy investment behavior should be calibrated again.
India's first mid-term survey, launched this year, is also cautious about encouraging green energy's impact on the banking sector, the report said.India's Banks are now grappling with bad loans from troubled power sector projects.
A on India's parliament in the survey form is submitted on August 11, wrote: "although the investment in renewable energy is important for India to achieve its goals climate change, but such investment must be carried out at the speed of a calibrated and to examine the total cost of the whole society."The survey found that the social cost of renewable energy is about 11 rupees per kilowatt hour, or three times the cost of coal.
"With the proximity of 2030, the social costs of generating renewable energy and the gap between renewables and coal are narrowing," the survey said.The reason is that private costs and stagnant coal assets account for about 30 per cent of the social costs of renewables today.By 2030, the cost of renewable social resources will fall to about 2.4 per cent of total social costs.Overall, the cost of distressed assets is a big part of the social costs of renewables between 2017 and 2030.
However, the survey said that because India's first goal was to provide 100 per cent of its population with energy supplies and to cross "the deficit gap", all clean energy would need to be tapped.
The shift to renewable energy could leave some of the assets in conventional power plants idle, or lead to levels that are far below their technically feasible levels, according to the survey.Investment in these plants is already sunk costs, although their service life is not over yet, but it is no longer possible to recoup the cost.Because the optimal solution is to convert coal - based power generation into renewable resources, the remaining assets are estimated to be in the red.The survey noted that these shelved assets could have an impact on the banking system, depending on their exposure to the industry.In the face of serious asset problems in the banking system, stranded assets may have a considerable impact on them.
India accounts for about 5.9 per cent of total electricity generation, or about 4.7381 trillion in loans.India's coal industry has a total of 573.2 billion Indian rupees, accounting for about 19.8 per cent of non-performing or non-performing loans.