Renewables would be preferred source of energy by 2030 with tariffs ranging between Rs 1.9-2.6 per unit for wind and solar power and storage cost declining by around 70 per cent, a report by Energy Transition Commission (ETC India) said.
The cost of wind power will be between Rs 2.3-2.6/kWh and of solar power in the range of Rs 1.9-2.3/kWh by 2030, the report projected.
The cost of storage will fall by about 70 per cent said, the report released on Wednesday on the sidelines of the World Sustainable Development Summit held in New Delhi said.
