Stay updated with breaking news from Weak Demand. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Battery energy storage systems will be able to store excess RE power for use during the night peak hours. With the VGF, the government is hoping to reduce the cost of battery storage, needed for round-the-clock renewable energy, from the current Rs 10 per kilowatt-hour (kWh) to Rs 5.50-6.6 kWh by 2030-31.
Time-of-Day Peak Demand Charge was implemented to avoid rolling blackouts by financially nudging Michiganders into reducing their electricity usage.
U.S. oil prices end at highest in over a week as Hurricane Idalia aims for Florida Oil futures finish higher on Tuesday, finding some support from risks to energy market operations posed by...
Chinese mills are also reported to be undercutting other steel producers in terms of prices. This, in turn, has had an impact on exports by Indian steel companies, with countries in the Middle East and Vietnam buying more steel from China.
Although production in the country has remained steady, and has even seen a gradual increase, changing consumer preferences locally and the poor demand globally has hit prices and exports