Ever Increasing Impact Of High Rising Coal Price & The Solution For Industries:
Ever Increasing Impact Of High Rising Coal Price & The Solution For Industries:
The shortage, leading to high prices, has pushed up spot power tariffs on the India Energy Exchange. A sharp uptick in both international and domestic coal prices due to the privatization of coal plants and ongoing Russia-Ukraine conflict is set to increase input prices for independent power producers and power distribution companies.
Total dispatches of coal from CIL went up to 57.50 million ton in April,2022, from 54.23 million ton in April,2021,indicating an increase of 6.03%. CIL’s production target for the ongoing financial is 700 million ton, with the power sector getting a share of more than 500 million ton.
The Govt. Of India has made it mandatory for thermal power plants in three categories(Bowl Mill, Ball & Tube Mill, Ball & Race Mill) to use a 5% blend of biomass pallets and briquette. The policy will come into effect tentatively from October,2022, with a requirement to increase the blend to 7 percent within two years for two categories(Bowl Mill, Ball & Race Mill) of plants.
Biomass is always a better alternative to coal as it is renewable because a new crop can be grown after each harvest and biomass is a low Carbon fuel. Green investment and technological progress can help to check the rebound in coal use and accelerate a transition to cleaner energy sources as economic activity normalizes. And well-designed policies can help ease the transition for coal miners and others whose livelihoods depend on coal.
Advantages:
- Reduction of CO2
- Low Ash Fuel
- Renewal source of energy
- WTE- Waste to energy
- Low commission of NOx and SOx.