Grid Controller News Today

As India approaches peak summer demand, heatwaves have caused a spike in prices of electricity

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Coal’s share in power output rose to 77% in the first week of April, about two percentage points higher than a year earlier, according to data from the Grid Controller of India Ltd., making up for shortfalls in hydropower output.

Lower hydropower generation has forced India to boost its consumption of coal as it attempts to avoid blackouts this summer.

National Committee for Transmission recommends large ISTS projects worth over 16,400 crore

Peak demand in January 2024 is projected at 230 GW, higher than 210.6 GW maximum demand met in January this year ago, while February 2024 is expected to see 222 GW peak power demand, against about 210 GW in February this year. The December peak is projected at 220 GW, likely in the second half of the month. So far in the month, "maximum demand met" has reached 203 GW in the solar hours. A year ago the peak was 205 GW.

Coal Demand In India: Power generation from coal-based plants is now projected at 657 billion units for the second half of 2023-24 against 619 billion units expected earlier, said one of the persons, who did not wish to be identified.

Power generation from coal-based plants is now projected at 657 billion units for the second half of 2023-24 against 619 billion units expected earlier, said one of the persons, who did not wish to be identified.

While power demand typically peaks in the summer, this year’s cooler summer and drier monsoon delayed it to 1 September. But due to the late rains last month, electricity use dropped 7.8% since August for the biggest month-on-month drop in a year.

Indias electricity transmission system smashed previous records for generation and consumption in August, according to the latest monthly data from the Grid Controller of India. ... -September 26, 2023 at 09:00 pm EDT - MarketScreener