And this time from another country with larger coal reserves than India and with better quality, the largest coal fired plant shut down due to inability to compete with renewable energy sources.
https://www.reuters.com/business/energy ... 022-02-16/
The reason?
"The reality is the economics of coal-fired power stations are being put under increasing, unsustainable pressure by cleaner and lower cost generation, including solar, wind and batteries," Origin Energy Chief Executive Frank Calabria said in a statement.
And they are planning to install 2 700 MW battery systems to replace the coal fired plant when it shuts down.
As for the ship carrying cars caught on fire, it is certainly not the first time nor will it be the last. A simple google search reveals cargo ships carrying cars catching on fire in the past.
https://www.thedrive.com/news/34041/tho ... in-florida
https://www.autoweek.com/news/a1714001/ ... e-pacific/
https://www.indiatimes.com/trending/wtf ... 64076.html
The last one carried porsches and luxury cars too but they were all non EVs. This is not a complete list of cargo ships carrying cars catching on fire.
So I am not sure what some of the posters on this thread are trying to prove regarding the ship that carried EVs catching fire. After all, cars carry flammable fluids and more gasoline cars have catched fires than EVs ever did on a per capita basis.
As for EVs catching on fire, yes they do catch fire but at a far lower rate than gasoline/ICE cars catching on fire. It is just that gasoline/ICE cars catching on fire are not newsworthy. I have included a graph showing the data for EV fires versus gasoline car fires.
https://electrek.co/wp-content/uploads/ ... -Chart.jpg
You can also check out the data at this link:
https://www.autoinsuranceez.com/gas-vs- ... car-fires/
Because EVs and lithium batteries are new technology so we are on a learning curve how to deal with those risks of these technologies including fire breaking out, containing them, and putting them out just like we had a learning curve back then when gasoline cars were the new technology of the day and we had to deal with fires breaking out due to the flammable fuels inside the vehicles. We had to learn how to deal with those risks and how to mitigate them. Likewise with EVs, our learning will mature to the point where we can have confidence of dealing with those risks.
Vayutuvan,
By your logic, one can also argue that the risks of ICE cars being underestimated, being swept under the rug and that subsidies of fossil fuels are being low-balled based on the articles and links I provided.
Why don't you do your own homework instead of asking other people to do it or ask such blanket loaded question that you have no intention of following up with your own answers?
So I am turning the questions on you. You obviously favor continuing fossil fuel powered plants. Could you please give numbers, figures, and summarize research on how fossil fuel plants and vehicles will be cost efficient and sufficient to meet the needs of the growing population of India without transferring tens of billions of dollars overseas? India paid over $100 billion for oil overseas in 2021 and that bill will continue to rise. How do you exactly propose to deal with that considering that India does not have large reserves of oil?
Furthermore, regarding the India's coal reserves, the quality is not good since it has low calorific value and high ash content and the carbon content is low, thus requiring to burn Indian coal at a greater rate than other sources of coal to get the same energy output. Furthermore, at the current rate, we only have enough reserves for 100 years. So if the current rate was to increase to meet the growing needs of our population, our coal reserves would even deplete faster. So how do you exactly propose to deal with that and remain competitive if you continue to use fossil fuels ? Could you please provide some numbers, figures and summarize research?
It would seem to be a no brainer if we could wean ourselves off fossil fuels considering we do not have large reserves of oil or natural gas, our coal reserves are not of such good quality to be more efficient, and therefore convert to renewables to save money in the long run and keep our cash within the country instead of sending them overseas. We would convert the trade imbalance into our favor and be energy independent. Sure we would be spending money on purchasing raw materials to produce batteries, solar panels, and wind blades/turbines but those expenses would be considered as capital outlays that can be spread over time, not annual outlays which leads to far lower costs and more economical in the long run as these power companies found out after running coal fired plants and comparing the costs to using renewable energy sources.