As the cost of rolling out renewable energy technologies continues to fall, the continuation of coal use is increasingly becoming uncompetitive in terms of operating costs. In 2020, savings related to replacing uncompetitive coal with renewable energy in India were estimated at two billion U.S. dollars. This figure is forecast to reach 17 billion U.S. dollars by 2025.
Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables
(in billion U.S. dollars)
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Rocky Mountain Institute. (March 1, 2022). Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars)." Chart. March 1, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/
Rocky Mountain Institute. (2022). Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/
Rocky Mountain Institute. "Costs and Savings of Replacing Coal in India in 2020, with a Forecast for 2025, by Cost Competitiveness against Renewables (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/
Rocky Mountain Institute, Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/ (last visited December 22, 2024)
Costs and savings of replacing coal in India in 2020, with a forecast for 2025, by cost competitiveness against renewables (in billion U.S. dollars) [Graph], Rocky Mountain Institute, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1334560/india-coal-replacement-costs-and-savings/
