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About this deal

As already noted in the introductory section, a levelised tariff of Rs 3.6/kWh for RE based RTC power is extremely attractive and is perceived as a potential game changer for the sector with regard to reliable grid integration of variable RE power. This brings up questions such as, a) Could such projects be a replacement for base-load thermal power plants? b) Are such high CUF projects possible with wind and solar power (given their seasonal and diurnal characteristics) but without energy storage? c) what market prices would be needed to sell the excess power to make the project viable? d) can such capacity be procured at any scale? Sources of generation, may be co-located, or may be located at different locations (i.e. multiple injection points allowed). However, energy storage, if any, shall mandatorily be co-located with at least one of the RE sources As of October 2021, all re:power employees are required to show evidence that they are fully “up-to-date”* with their COVID-19 vaccinations.re:power will consider requests for reasonable accommodations, as required by law. Employees requesting accommodations due to a medical reason, or because of a sincerely held religious belief, must submit a completed Request for Accommodation application form. Tim Walz, elected to represent Minnesota's 1st congressional district in 2006, was the progressive training program's first successful candidate at the federal level. [4] Mark Ritchie, Minnesota's former Secretary of State, is a Wellstone Action alum. [1]

Wheelabrator Kemsley Generating Station (K3) and Wheelabrator Kemsley North (WKN) Waste to Energy Facility While hybrid RE projects without storage are capable of delivering 40-50% annual CUF (which is significantly better than individual wind/solar projects), there is a need to critically examine whether we need to jump directly from 40-50% to an onerous requirement of RTC (100%) with a minimum of 80%. We did some sensitivity analysis in this regard with the same methodology as described above. If instead of the minimum conditions of 80% annual CUF and 70% monthly CUF, we relax it to 60% annual and 50% monthly minimums, we see that 800 MW of wind and 400 MW of solar is sufficient instead of the 1500 MW and 850 in the base case. This halves the excess from 56% to 27% as well as the required market price for excess generation from Rs 1.81/kWh to 0.96/kWh. However, the annual CUF only reduces by 15% from 88% to 75% which is valuable to the procurer and is likely to significantly reduce the discovered price, given the low excess generation. The details of the sensitivity analysis are available in the accompanying slides.The above analysis shows that with over-sizing the RE capacity, it is possible to supply a lower sized contract capacity with a very high CUF. However, this is only possible if there are viable and low risk options of monetising the high quantum of excess energy. Such over-sizing coupled with some level of excess generation are likely to become common for hybrid RE projects. is a significantly high value and hence unless ways are found to monetise it, the project (with installed capacity 5-6 times higher than contracted capacity) will not be viable. Let us assume that if all the unconstrained generation from the entire project capacity is sold at a tariff of Rs 2.6/kWh (comparable to the present discovered price for wind and solar power), the project would be financially sustainable. But we know from the winning bid, that the RTC power (area under the orange line) would be sold at a levelised tariff of Rs 3.6/kWh. Hence all the excess generation, on an average needs to garner a price of at least Rs 1.81/kWh to make the project financially viable. 4 As we have seen earlier, different combinations of wind and solar with their unique generation profiles may result in different levels of excess generation. The table below shows what price would be needed if the excess generation is lower at 45% or 35%. We believe that real wins shift the narrative and support change over the long-term—how we do the work matters as much as the outcome. Where We’ve Been Since 2003, we’re proud to have supported over 100,000 candidates, elected officials, campaign managers, and community organizers from across the country through training, coaching, facilitation, campaigning, and capacity building.

Such tenders are certainly welcome and provide one approach for reliable RE integration. However instead of relying only on this approach, policy makers, DISCOMs and system operators should also actively explore options for effective integration at the system level given the diversity and scale of load and supply options they manage. Following the Russian full-scale invasion of Ukraine, the EU proposed common gas procurement to make sure that Europeans have access to affordable energy and to avoid any energy supply disruptions. This system allowed us to start buying a share of our gas needs together, as Europeans, and not competing among ourselves for scarce supplies. As seen from figure 1, the monthly CUF of the generation profile (capped at 400 MW) does not fall below 70% in any month. The high monthly CUFs of the unconstrained generation (blue line), especially in the monsoon months depict the excess generation availability. Further, the project achieves an overall annual CUF of 88%. Prepared by Damien Rainaud (Fear Factory, Babymetal) at award-winning studio Mix Unlimited, Los Angeles, CA, the Dragonforce classic sounds bigger, better, bolder than ever before.Next, based on this understanding of the monthly and time-wise distribution of the excess generation, we discuss possible sources of revenue / sales avenues for this energy. This approach of only over-sizing RE capacity to provide RTC-like power is likely to have limited scale, especially in the absence of energy storage. Coupled with storage, supply can become much more firm and flexible, but is likely to have a much higher price in the next few years compared to the winning bid in this tender. We offer prices that can be up to 60% cheaper than the High st. We strive to remain competitive whilst offering the best products and choice at prices you can afford. Table 2: Scenarios of different excess generation quantum and the price needed for the excess generation to make the project viable. Excess Generation as a fraction of total unconstrained generation

Minimising the excess generation through different combinations of wind and solar such that their profiles have a high level of synergy will become very critical to reduce the project risk. Further all the excess may not be monetised only in one of the way enumerated above, but could be a combination of them.There would be single part tariff with a 3% annual escalation for 15 years after which it would be constant. Because of our belief in the magic of gathering, re:power requires all employees to travel for our all-staff and team retreats, at minimum. Additional travel may also be required based on the duties of the role and as deemed necessary to further the organization’s mission. In case of Change in Law on account of Article 12.1 of the PPA, the developer shall be entitled to an increase/decrease in the applicable tariff, corresponding an amount equivalent to INR 0.002/kWh (0.2 Paisa/kWh) for every increase/decrease of 1 lakh/MW in the Project cost corresponding to the Contracted Capacity. We work towards our vision by offering training and strategic support to leaders and organizations across the progressive ecosystem. Our programming is designed to capture the full spectrum of leaders: the newly activated/newly politicized, the deeply engaged and committed, those who are seeing a values-aligned community and those who are ready to step into becoming the trainer themselves. Due to our requirements for travel and commitment to gathering, re:power also has a duty to provide and maintain a workplace free of known hazards. With this in mind, re:power has adopted a COVID-19 vaccination policy to safeguard the health of its employees, their families, our partnersand visitors, and the community at large from the risk of exposure.

Subsequent to issuing the Request for Selection (RFS) document issued in October, 2019, clarifications were issued on 29th January, 2020. These were followed by five amendments to the RFS issued during January-March, 2020. The broad highlights of the RFS are as follows.In short, it is akin to a large scale RE (wind-solar) project at Rs 2.6/kWh, but with multiple PPAs wherein sale price is differentiated according to value – higher price for more reliable supply and lower price for more variable supply. For not meeting the 70% monthly minimum CUF requirement, a compensation for the shortfall in energy supply, calculated at the PPA tariff applicable for the corresponding Contract Year will be levied. The load duration curve of the unconstrained generation and constrained generation (to 400 MW) is shown in figure 2. It shows that for 71% of the time in the year, the project can in fact deliver the entire 400 MWs. The area between the orange line (generation capped at 400 MW) and the blue line (unconstrained generation from 1500 MW wind and 850 MW solar) represents the ‘excess generation’ over and above the contracted capacity of 400 MW. The excess generation is quite high, at 56% of the total unconstrained generation from the combined wind and solar capacity. On Covid-19 & Gathering re:power is a fully remote organization that believes in the power of gathering, both through our in-person trainings and purposefully created staff spaces. Launched in April 2022, the EU Energy Platform played a crucial role in helping diversify our energy supply throughout 2022. The platform helps coordinate EU action and negotiations with external gas suppliers to prevent EU countries from outbidding each other. The Platform is also leveraging the weight of the EU single market to achieve better conditions for all EU consumers.

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