Market & Policy

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Andhra Pradesh Launches Sustainable Electric Mobility Policy 4.0

Andhra Pradesh has unveiled its Sustainable Electric Mobility Policy 4.0 for the duration between 2024 and 2029. The policy aims to make the state a global hub for...

December 13, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Better Forecasting Tools Vital to Prevent Deviations by Renewable Energy Generators

The Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 aim to bring precision and stability to India’...

December 13, 2024

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Parinay Deep Shah

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Grid

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Market & Policy
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France-based EDF Proposes 5 GW Pumped Hydro Storage Project in UAE

France-based energy company EDF has announced plans to explore the development of a 5 GW pumped hydro storage facility in Ras Al Khaimah, UAE. The proposed facility is...

December 9, 2024

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Baset Asaba

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Energy Storage

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Market & Policy
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DISCOMs Owe Power Generators ₹653 Billion in November

State power distribution companies (DISCOMs) owed power generators ₹653.51 billion (~$7.71 billion) in total dues for the monthly billing cycle in November 2024,...

December 3, 2024

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Arjun Joshi

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Grid

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Market & Policy
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Grid Controller of India Updates Rules for Electricity Late Payment Surcharge

The Grid Controller of India (POSOCO) has released an updated procedure to implement the Electricity (Late Payment Surcharge and Related Matters) Rules 2022 and...

November 29, 2024

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Arjun Joshi

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Grid

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Market & Policy
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CEA Approves Uniform Protection Protocol for Power Grid Stability

The Central Electricity Authority (CEA) has approved the Uniform Protection Protocol to ensure grid stability, reliability, and security and safely integrate 450 GW of...

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Karnataka Proposes 43.33% Renewable Energy Target by 2029-30

The Karnataka Electricity Regulatory Commission (KERC) has proposed new renewable energy targets for the state, aiming to reach 43.33% of total energy consumption from...

November 8, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Power Ministry Issues New Rules to Strengthen DISCOMs’ Financial Disclosure

The Ministry of Power has issued the Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024, to enhance transparency in financial disclosures and...

October 28, 2024

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Arjun Joshi

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Grid

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Market & Policy
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Transmission Infrastructure Overhaul by 2027 to Cost ₹4.25 Trillion: CEA

The estimated expenditure for implementing the additional transmission system (including transmission lines, substations, and reactive compensation) during 2022-27 is...

October 22, 2024

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Arjun Joshi

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Grid

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Market & Policy
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US Energy Storage Market Surges 74% with 10,492 MWh Installed in Q2 2024

The second quarter of 2024 marked a milestone for the U.S. energy storage market, with total installations reaching 3,011 MW/10,492 MWh, a 74% increase from the same...

October 7, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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Electric Vehicle Sales Drop 11% YoY in Q3 2024 with 332,730 Units

Electric vehicle (EV) sales in India reached 332,730 units in the third quarter (Q3) of 2024, a decline of over 11% year-over-year (YoY) against the 372,387...

October 7, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy
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Maharashtra Adopts ₹4.08/kWh Tariff for 6.6 GW Thermal-Solar Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has adopted a weighted average tariff of ₹4.08 (~$0.049)/kWh for Maharashtra State Electricity Distribution...

September 27, 2024

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Gautamee Hazarika

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Market & Policy

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Other

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Solar
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Karnataka’s Resource Adequacy Framework Aims at Reliable Electricity Supply

The Karnataka Electricity Regulatory Commission (KERC) has introduced a comprehensive Framework for Resource Adequacy to address the evolving challenges in the...

September 25, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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Delectrik Secures NTPC Contract for Long-Duration Energy Storage Solution

Gurgaon-based Delectrik Systems, an energy storage technology company, has been awarded a contract by NTPC for its NTPC Energy Technology Research Alliance (NETRA...

September 24, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy
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CEA Approves 2,500 MW Pumped Hydro Storage Projects in Maharashtra

The Central Electricity Authority (CEA) has approved two new Pumped Hydro Storage Projects (PSPs) in Maharashtra with a total capacity of 2,500 MW. The two projects are...

September 23, 2024

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Gautamee Hazarika

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Energy Storage

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Market & Policy

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