There is a minor correction in the post for prices. I have added them in braces in below text. Kindly update the post with proper data. Thanks. Insightful article.
Two auctions in 2024 show us what the storage doubling costs. A July 2024 auction paired solar with a two-hour battery and it was awarded at ₹3.41 per unit, which gives us an estimated storage adder of ₹0.81 (0.91) per unit. A December 2024 auction paired solar with a four-hour battery and cleared at ₹3.52, which implies an adder of about ₹1. Doubling raised the final tariff by barely ₹0.19 (0.09) a unit.
Excellent articles. Thanks for Sharing. Especially the second one added a great new prespective to a bunch of questions I have been thinking on the rise of global Hedge Fund industry in the last 3 decades.
There is a minor correction in the post for prices. I have added them in braces in below text. Kindly update the post with proper data. Thanks. Insightful article.
Two auctions in 2024 show us what the storage doubling costs. A July 2024 auction paired solar with a two-hour battery and it was awarded at ₹3.41 per unit, which gives us an estimated storage adder of ₹0.81 (0.91) per unit. A December 2024 auction paired solar with a four-hour battery and cleared at ₹3.52, which implies an adder of about ₹1. Doubling raised the final tariff by barely ₹0.19 (0.09) a unit.
Hey Charan, thanks so much for flagging, this was a miss from our end. Rectified.
Its not so clear , Pls show the math
Very well written article
Excellent articles. Thanks for Sharing. Especially the second one added a great new prespective to a bunch of questions I have been thinking on the rise of global Hedge Fund industry in the last 3 decades.
Well written Article on the Pension funds. India's Battery conundrum also inetresting.