New Delhi, Oct 16: A report by the Energy and Resources Institute (TERI) suggests that solar power combined with storage is more cost-effective than constructing new thermal plants for round-the-clock electricity supply.
The study analysed the per-unit cost of meeting the demand of BSES Rajdhani Power Limited (BRPL) using solar power combined with battery energy storage systems (BESS) and pumped storage plants (PSP) compared to thermal power generation.
The results show that solar power coupled with storage is cheaper than new thermal generation while offering a cleaner, reliable supply.
