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CERC Orders Changes in Power Exchanges’ Bidding Software to Cut Power Cost

The Central Electricity Regulatory Commission (CERC) has directed all power exchanges to redesign their bidding software to allow members to quote prices within a...

April 4, 2023

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Arjun Joshi

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Other

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Renewable Energy
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CERC Retains Market Clearing Price Cap of ₹12/kWh in Exchanges for Now

The Central Electricity Regulatory Commission (CERC) passed a suo motu order retaining the ₹12 (~$0.14)/kWh price cap on power exchanges till further notice to ensure...

December 29, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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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...

June 13, 2019

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Saumy Prateek

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Demand Response

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Grid
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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...

May 3, 2019

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Saumy Prateek

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Demand Response

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Grid
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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 GW...

April 9, 2019

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Saumy Prateek

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Grid

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Utilities
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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 162 GW in...

March 14, 2019

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Saumy Prateek

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Demand Response

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Grid
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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...

February 6, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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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...

January 11, 2019

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Saumy Prateek

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Demand Response

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Grid
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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...

December 5, 2018

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Saumy Prateek

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Demand Response

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Grid
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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...

November 8, 2018

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Saumy Prateek

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Demand Response

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Grid
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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...

October 9, 2018

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Saumy Prateek

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Grid

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Market & Policy
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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...

September 11, 2018

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Saumy Prateek

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Demand Response

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Grid
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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...

August 6, 2018

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Saumy Prateek

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Demand Response

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Grid
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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....

July 17, 2018

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Saumy Prateek

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Grid

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Market & Policy
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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,...

June 7, 2018

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Saumy Prateek

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Demand Response

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Grid

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