(India) 'The Rising Sun - Disruption on the horizon'
Solar power could be 10% cheaper than coal-based power by 2020: KPMG
By ET Bureau | 16 Nov, 2015, 01.01PM IST
NEW DELHI: Solar will be a significant energy source by 2025, with the market penetration of solar power expected to be 5.7% (54 Giga Watt-GW) by 2020 and 12.5% (166 GW) by 2025, states KPMG India, a consultancy firm in a report, titled 'The Rising Sun - Disruption on the horizon'.
The report was released by Piyush Goyal minister of state for power, coal, and new and renewable energy and Dharmendra Prad ..
The report talks about how the scale up and competitiveness of solar power could disrupt the traditional generators. The disruptive force is expected to start being felt from 2017 and may accelerate post 2020, KPMG said in a statement. In some states which are promoting solar (and also wind power) aggressively, conventional coal generators could see their Plant Load Factors (PLFs) fall by as much as 10-15 per cent by 2020, as solar replaces coal-fired generation in the daytime hours. This effect ..
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http://economictimes.indiatimes.com/articleshow/49800045.cms
