The success of the country’s first round-the-clock (RTC) renewable energy project — which went under the hammer recently — depends on the project developer choosing the right mix of generation sources and minimising the usage of storage batteries, which are currently prohibitively expensive, sector experts say. Through this 400 mega-watt (MW) contract, the developer can supply power from any renewable energy- based plant, wind or solar, and address the central issue of unreliability associated with green energy.
While standard renewable projects supply power at 25-30% of the plant load factor, this contract will supply at 80% annual capacity utilisation, implying that the amount of electricity supplied in a year would be more than double the volume supplied by normal renewable power plants of comparable capacity.
