Green certificates trading shrinks to 9 2 lakh in 2020-21, 60 58 lakh inventory piles up indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
India assessing need for coal units till 2030: Power Secretary
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“We are assessing the need and quantum required by 2030. It may be required to support base load while day supply will be by solar, because grid scale storage is still very expensive. However, the share of electricity generated by coal in total generation is projected to decline continuously,” power secretary Alok Kumar said.
Agencies
Kumar said that the developed world has to support countries like India through technology and finance for bringing down the cost of electricity storage.
India is assessing the requirement for new coal-based power plants to comfort its large renewable energy capacity addition programme by 2030, power secretary Alok Kumar told ET on Tuesday.
IEX pioneers cross-border electricity trade to build integrated South Asian market ANI | Updated: Apr 19, 2021 14:47 IST
New Delhi [India], April 19 (ANI): The Indian Energy Exchange (IEX) on Monday announced starting of cross-border electricity trade on its platform in first-of-its-kind initiative for exchanges to expand their power markets beyond India to the south Asia region towards building an integrated regional power market.
This follows notification of cross-border trade electricity (CBET) regulations by the Central Electricity Regulatory Commission (CERC) in 2019 and the recent notification of CBET rules in March.
NTPC Vidyut Vyapar Nigam (NVVN) has secured approval from the Central Electricity Authority (CEA) for Nepal s participation in the day-ahead market on IEX.
India to get an integrated day-ahead energy market for electricity, renewable energy by August indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Average spot power price rose by 65 per cent to Rs 4.06 per unit in March compared to the year-ago month at Indian Energy Exchange (IEX) mainly due to increase in demand on account of rise in temperature and revival of economic activities. The day-ahead market (DAM) traded 6,549 MU (million units) volume recording a significant 65 per cent YoY (year on year) growth. The average monthly price at Rs 4.06 per unit during the month saw a 20 per cent MoM (month on month) increase, an IEX statement said. According to IEX data, average spot power price in DAM was Rs 2.46 per unit in March 2020 and Rs 3.39 per cent in February 2021.