Rising competitiveness of renewable energy can pose a challenge to power distribution companies (discoms) and the thermal power sector
It’s no secret that renewable energy promotion involves financial costs. But what is unknown is the quantum of the expense. A government committee study on grid integration of renewable energy pegs the cost at about Re1/unit. The study says it would still be cheaper to add renewable capacities in future even after including this financial cost but it calls for remedial measures such as sharing of balancing responsibility (by more states) of renewable energy, which is intermittent in nature.