Table 1 Technical and financial assumptions for key power system technologies used in the Indian energy transition from 2015 to 2050
From: The role of renewables for rapid transitioning of the power sector across states in India
Technology | Unit | 2015/2017 | 2020 | 2025 | 2030 | 2035 | 2040 | 2045 | 2050 | Ref | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PV rooftop - residential | Capex | €/kWel | 1360 | 1045 | 842 | 715 | 622 | 551 | 496 | 453 | |
Opex fix | €/(kWel a) | 20.4 | 9.1 | 7.7 | 6.7 | 5.9 | 5.3 | 4.8 | 4.4 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 30 | 30 | 35 | 35 | 35 | 40 | 40 | 40 | ||
PV rooftop - commercial | Capex | €/kWel | 1360 | 689 | 544 | 456 | 393 | 345 | 308 | 280 | |
Opex fix | €/(kWel a) | 20.4 | 9.1 | 7.7 | 6.7 | 5.9 | 5.3 | 4.8 | 4.4 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 30 | 30 | 35 | 35 | 35 | 40 | 40 | 40 | ||
PV rooftop - industrial | Capex | €/kWel | 1360 | 512 | 397 | 329 | 281 | 245 | 217 | 197 | |
Opex fix | €/(kWel a) | 20.4 | 9.1 | 7.7 | 6.7 | 5.9 | 5.3 | 4.8 | 4.4 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 30 | 30 | 35 | 35 | 35 | 40 | 40 | 40 | ||
PV optimally tilted | Capex | €/kWel | 733 | 432 | 336 | 278 | 237 | 207 | 184 | 166 | |
Opex fix | €/(kWel a) | 9.3 | 7.8 | 6.5 | 5.7 | 5.0 | 4.5 | 4.0 | 3.7 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 30 | 30 | 35 | 35 | 35 | 40 | 40 | 40 | ||
PV single-axis tracking | Capex | €/kWel | 1150 | 475 | 370 | 306 | 261 | 228 | 202 | 183 | |
Opex fix | €/(kWel a) | 17.3 | 9.0 | 7.0 | 6.0 | 6.0 | 5.0 | 4.0 | 4.0 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 30 | 30 | 35 | 35 | 35 | 40 | 40 | 40 | ||
Wind onshore | Capex | €/kWel | 800.0 | 800 | 783.3 | 767.0 | 749.0 | 749.0 | 749.0 | 749.0 | |
Opex fix | €/(kWel a) | 15.0 | 15.0 | 13 | 11 | 8.0 | 8.0 | 8.0 | 8.0 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | ||
Hydro Reservoir/ Dam | Capex | €/kWel | 1650 | 1650 | 1650 | 1650 | 1650 | 1650 | 1650 | 1650 | |
Opex fix | €/(kWel a) | 49.5 | 49.5 | 49.5 | 49.5 | 49.5 | 49.5 | 49.5 | 49.5 | ||
Opex var | €/(kWhel) | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | ||
Lifetime | years | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||
Hydro Run-of-River | Capex | €/kWel | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 | 2560 | |
Opex fix | €/(kWel a) | 76.8 | 76.8 | 76.8 | 76.8 | 76.8 | 76.8 | 76.8 | 76.8 | ||
Opex var | €/(kWhel) | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | 0.005 | ||
Lifetime | years | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | ||
Coal Power Plant | Capex | €/(kWel) | 867 | 934 | 1045 | 1156 | 1267 | 1378 | 1489 | 1600 | |
Opex fix | €/(kWel a) | 24.0 | 23.6 | 23.0 | 22.4 | 21.8 | 21.2 | 20.6 | 20.0 | ||
Opex var | €/(kWh) | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | 0.001 | ||
Efficiency | % | 32 | 42 | 42 | 42 | 43 | 43 | 43 | 43 | ||
Lifetime | years | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | ||
Nuclear Power Plant | Capex | €/(kWel) | 4511 | 4571 | 4672 | 4773 | 4874 | 4974 | 5075 | 5175 | |
Opex fix | €/(kWel a) | 85.0 | 86.1 | 88.0 | 83.0 | 84.8 | 79.3 | 80.9 | 78.8 | ||
Opex var | €/(kWhel) | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | 0.003 | ||
Efficiency | % | 34 | 34 | 34 | 35 | 35 | 35 | 35 | 35 | ||
Lifetime | years | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | ||
CCGT | Capex | €/(kWel) | 623 | 637 | 660 | 683 | 706 | 729 | 752 | 775 | |
Opex fix | €/(kWel a) | 23.44 | 23.1 | 22.5 | 21.9 | 21.3 | 20.7 | 20 | 19.375 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 52.2 | 52.2 | 52.2 | 52.2 | 53.1 | 54 | 54 | 54 | ||
Lifetime | years | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | ||
OCGT HD | Capex | €/(kWel) | 450 | 445 | 440 | 435 | 430 | 425 | 420 | 415 | |
Opex fix | €/(kWel a) | 23.4 | 11.3 | 10.6 | 9.9 | 9.2 | 8.5 | 7.8 | 7.1 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 28 | 30 | 33 | 35 | 38 | 40 | 43 | 45 | ||
Lifetime | years | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | ||
Open cycle Aeroderivative | Capex | €/(kWel) | 550 | 540 | 530 | 520 | 510 | 500 | 490 | 480 | |
Opex fix | €/(kWel a) | 11.3 | 11.3 | 10.6 | 9.9 | 9.2 | 8.5 | 7.8 | 7.1 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 0.39 | 0.40 | 0.42 | 0.42 | 0.43 | 0.44 | 0.45 | 0.45 | ||
Lifetime | years | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | ||
RECIP oil based | Capex | €/(kWel) | 385 | 385 | 385 | 385 | 385 | 385 | 385 | 385 | |
Opex fix | €/(kWel a) | 11.5 | 11.5 | 11.5 | 11.5 | 11.5 | 11.5 | 11.5 | 11.5 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 28 | 28 | 28 | 28 | 29 | 29 | 30 | 30 | ||
Lifetime | years | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | ||
RECIP Gas | Capex | €/(kWel) | 578.5 | 569.0 | 553.0 | 537.0 | 522.0 | 506.0 | 491.0 | 475.0 | |
Opex fix | €/(kWel a) | 15.3 | 15.3 | 14.6 | 13.9 | 13.2 | 12.5 | 11.8 | 11.1 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 0.47 | 0.48 | 0.48 | 0.49 | 0.49 | 0.50 | 0.50 | 0.51 | ||
Lifetime | years | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | ||
Biomass Power Plant | Capex | €/(kWel) | 760.0 | 857 | 1019 | 1181 | 1343 | 1505 | 1668 | 1830 | |
Opex fix | €/(kWel a) | 53.3 | 51.5 | 48.4 | 45.3 | 42.2 | 39.1 | 36 | 32.9 | ||
Opex var | €/(kWhel) | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | 0.004 | ||
Efficiency | % | 35 | 36 | 37 | 37 | 38 | 38 | 39 | 39 | ||
Lifetime | years | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | ||
Battery storage | Capex | €/kWhel | 400 | 270 | 182 | 134 | 108 | 92 | 78 | 70 | |
Opex fix | €/(kWhel a) | 24.0 | 9.0 | 5.0 | 3.8 | 3.0 | 2.5 | 2.1 | 1.9 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 90 | 91 | 92 | 93 | 94 | 95 | 95 | 95 | ||
Lifetime | years | 15 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | ||
Pumped Hydro Energy Storage (PHES) | Capex | €/kWhel | 89.0 | 89.0 | 89.0 | 89.0 | 89.0 | 89.0 | 89.0 | 89.0 | |
Opex fix | €/(kWhel a) | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
Opex var | €/(kWhel) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Efficiency | % | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | ||
Self-discharge | %/h | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Lifetime | years | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 |