Himachal Pradesh Amends its Regulation for Deviation Settlement Mechanism

Himachal Pradesh Amends its Regulation for Deviation Settlement Mechanism

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the amendments to its regulation on deviation settlement mechanism (DSM). The state commission had proposed the amendments in May 2019 and ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
/ / Demand Response, Grid
According to a Central Electricity Authority (CEA) provisional report, India recorded a power supply deficit of 0.6 percent in the nine-month period between April and December 2018.

Spot Power Price Hovers at ₹3.22/kWh in April 2019, a 19% Dip YoY

The peak power demand in the country touched an all-time high of 176.8 GW in April 2019. According to the Indian Energy Exchange (IEX), the all India peak demand touched ...
All India Peak Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

All India Peak Power Demand Increased 5% Year-over-Year Touching 169 GW in March 2019

In March 2019, the peak demand touched a high of 169 GW pushing power prices up. According to the Indian Energy Exchange (IEX), the all India peak demand touched 169 ...
/ / Grid, Utilities
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Dips to ₹3.08/kWh in February 2019, a 4% Decline YoY

For the second month in a row, the peak power demand in India stood at 162 GW. According to the Indian Energy Exchange (IEX), the all India peak demand touched ...
/ / Demand Response, Grid
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Peak Power Demand in India Increased Year-Over-Year by 4% in January 2019

According to the Indian Energy Exchange (IEX), the all India peak demand touched 162 GW in January 2019, registering a 4 percent increase over the peak demand registered in January ...
/ / Markets & Policy, Solar
BEE and AEEE Release State Energy Efficiency Preparedness Index

Power Demand Increases, Spot Power Price Up 10% YoY in December 2018

Spot power price in India declined to ₹3.30 (~$0.04766)/kWh in December 2018, an eight percent decline month-over-month (MOM). However, the spot price increased by 10 percent year-over-year (YoY). “Compared to ...
/ / Demand Response, Grid
CERC Charts Plan to Redesign India’s Power Market

CERC Charts Plan to Redesign India’s Power Market

In a recent discussion paper titled Market Based Economic Dispatch of Electricity: Re-designing of Day-Ahead Market (DAM) in India, the Central Electricity Regulatory Commission (CERC) has analyzed India’s power market, ...
/ / Other, Renewable Energy
Uttarakhand Issues Cross-Subsidy Surcharge for Open Access Customers

After Soaring High in October, Spot Power Price Dips to ₹3.59/kWh in November 2018

In the month of November 2018, the spot power price declined to ₹3.59 ($0.05)/kWh after soaring high in the past few months. The price of ₹3.59 ($0.05)/kWh is 1 percent ...
/ / Demand Response, Grid
Spot Power Price Rose to ₹4.02/kWh in March 2018

Spot Power Price Continued to Soar in October 2018 at ₹5.94/kWh

Maintaining its upward trend, India’s spot power prices soared in the month of October. This was the second month in a row which saw a reversal in the prevalent trend ...
/ / Demand Response, Grid
Tamil Nadu Sets ₹3.97/kWh as Pooled Cost of Power for Renewables

Spot Power Price Rose 41% Due to Shortage of Coal, Reduced Generation from Hydro and Wind

Spot power price witnessed an unprecedented spike in September 2018, reversing the trend from the previous months. In September 2018, the recorded spot power price was ₹4.69 (~$0.063)/kWh. This is ...
/ / Grid, Market & Policy
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Declines to ₹3.34/kWh in August 2018

The slump in spot power price continued in August 2018. In August , the recorded spot power price was ₹3.34 (~$)/kWh which was still higher than recent tariffs quoted in solar and ...
/ / Demand Response, Grid
Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

Spot Power Price Declines by 7% to ₹3.46/kWh in July but Still Higher than Solar Tariffs

The spot power price has continued its slump into yet another month. In July 2018, the recorded spot power price was ₹3.46 (~$0.0505)/kWh but was still higher than recent tariffs ...
/ / Demand Response, Grid
After Flying High for Months, Spot Power Price Declines to ₹3.73/kWh in June 2018

After Flying High for Months, Spot Power Price Declines to ₹3.73/kWh in June 2018

In June 2018, spot power price stood at ₹3.73 (~$0.054)/kWh. This recorded price proved to be a trend reversal of sorts for spot power prices over the past few months ...
/ / Grid, Market & Policy
India’s Largest 2 MW Floating Solar Project Commissioned in Greater Visakhapatnam

Maharashtra to Study the Impact of Floating Solar Project on Ujani Dam

The government of Maharashtra has set up a committee to examine the issues related to the development of a floating solar power project at the Ujani dam in Sholapur, according ...
/ / Floating Solar, Solar
Spot Power Price Spikes to ₹4.67/kWh in May 2018

Spot Power Price Spikes to ₹4.67/kWh in May 2018

In May 2018, spot power price spiked to ₹4.67 (~$0.0695)/kWh. May’s spot power price was ₹1.76 (~$0.0262)/kWh higher than the spot price recorded in May 2017, registering an increase of ...
Spot Power Price Remains High at ₹3.98/kWh in April 2018

Spot Power Price Remains High at ₹3.98/kWh in April 2018

In April 2018, the spot power price was ₹3.98 (~$0.0594)/kWh, ₹1.21 (~$0.0180)/kWh more than the ₹2.77 (~$0.0413)/kWh recorded in April 2017, an increase of approximately 44 percent. The key reasons ...
Spot Power Price Rose to ₹4.02/kWh in March 2018

Spot Power Price Rose to ₹4.02/kWh in March 2018

The average spot power price recorded in March 2018 shot up by approximately 57 percent when compared to the price recorded in the same month last year. The increase in ...
/ / Demand Response, Grid