Battery-storage costs must drop 15% to avoid new coal capacity: Report | News

Battery-storage costs must drop 15% to avoid new coal capacity: Report | News

Nearly 75 per cent of India’s electricity is generated using coal. | Representative Picture3 min read Last Updated : Aug 20 2024 | 8:26 PM IST

India might avoid building new coal plants and could limit its coal capacity to planned levels by 2032 if the cost of battery-storage systems drops by 15 per cent annually, according to a new report.

Nearly 75 per cent of India’s electricity is generated using coal. However, to meet its goal of reaching net-zero emissions by 2070, the…
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