Cost of avoided carbon: Optimizing power supply in southern India

This paper analyses the power supply situation in Southern India for the year 2018 to evaluate the impact of renewable energy policies on energy costs and the resulting cost of avoided carbon. An optimization model is built using GAMS. Validating the model results against actual data for the year 2018 suggests that regulatory constraints and policy interventions have reduced the solution space for reasonable cost-based optimization in Southern India.