Moneycontrol first reported that the government’s proposal to pool electricity from old thermal and gas-based power plants is likely to be rolled out in April. At least 14 such power plants with a total capacity of 15,386 megawatts (MW) are likely to be tapped once the scheme comes into force.
Data analysed by Moneycontrol showed that between April 1 to April 23, the daily peak demand breached the 200 GW mark on 9 days. With the rise in the overall demand, trade volumes in the power exchanges have also increased, with hourly peak prices touching the cap of Rs 10 per kilowatt hour every day on the energy bourses.
Exports from developing countries will suffer the most. The EU will initially impose CBT on steel, aluminium, cement, fertiliser, hydrogen, and electricity. But the tax will be extended to cover all products by 2034
Till date, SECI has awarded renewable energy project capacities of over 56 GW.
A record 215.88 GW power demand was met on April 18 when large parts of the country were reeling under heatwave conditions. This week a surge in power demand is unlikely, with rain predicted for some areas
Responding to a question, Lu said the future of the planet in part depends on the ability of India to lead the way in green energy.
RIL last year unveiled plans to spend $75 billion on clean energy projects over the next 15 years.
The total current installed capacity of the company has reached 6,615 MW while the under-construction capacity stands at 2,855 MW
As for the current coal stocks, data accessed by Moneycontrol showed that the situation as of now is manageable. Of the 165 domestic coal-based thermal power plants in the country, as many as 30 had critical stocks. Last year around this time, the number of such plants had touched 96.
Modest, but crucial, shares of nuclear energy in tandem with wind and solar will ensure we meet decarbonisation targets. The renewables versus nuclear debate was a needless distraction. Governments must take the lead in ensuring nuclear plants get built
China’s scale gives it a massive price advantage across the entire renewables chain that strengthens its domination across equipment supply chains
DERC had announced the last tariff revision on September 30, 2021. Power charges in Delhi were raised by 2 percentage points from October 1, 2021. Last year, despite no tariff revision, electricity cost in Delhi was raised by up to 4%.
The focus areas of the green hydrogen value chain which the HVICs will have include green hydrogen production, hydrogen storage and distribution and hydrogen end uses such as transport, clean heat and power, and industry applications.
In line with the government’s target of 500 GW of renewable energy capacity by 2030, NTPC has also revised its RE targets to 60 GW from 30 GW by 2030.
The government says with sufficient coal stocks and gas capacities tied up there won’t be any issues during peak power demand this summer.
Adding more geothermal power could make it possible for Japan to provide 90% of its power generation from renewable sources, according to an estimate by the Lawrence Berkeley National Laboratory.
The Union minister for power and renewable energy said for the first time current subsidy dues owed to discoms by state governments are up to date and legacy dues are being cleared expeditiously.
In an interview with Moneycontrol, the Union minister for power and renewable energy said at least 44,000 MW of thermal capacity is under different stages of construction and up to 16 MW will be nuclear power capacity by 2030. At least 30,000 MW of hydroelectric power projects are at various stages of construction and planning.
Earlier, Delhi Power Minister Atishi said the government had approved the extension of power subsidy for the year 2023-24 but the file was still pending in the LG office.
As on date, about 40 percent distribution transformer metering has been done and for feeder lines, the status is a bit better at about 80 percent, Singh said. He added that the government is also modernising its feeder monitoring system.
Besides, the Central Electricity Regulatory Commission (CERC) has also slashed the price ceiling for the high price day ahead market (HP-DAM) from Rs 50/kWh to Rs 20 per unit, the latest CERC order accessed by Moneycontrol showed. Both the revised price caps came into effect from April 4.
Sharad Pungalia, CEO and MD, says the company’s first inter-state transmission system project in Rajasthan will be commissioned in the fourth quarter of this FY24. The company also plans to set up new renewable energy units of up to 700 MW in FY24, from 150 MW in the last financial year, he says.
The Annual Integrated Rating and Ranking exercise is done by the Power Finance Corporation as per the framework approved by the Ministry of Power since the year 2012.
Tesla’s road map for a sustainable energy future is a simplified model that does not capture the realities of developing nations such as India
As per the new government guidelines for fixing domestic natural gas prices, your bills may go down by up to 10 percent in the immediate term. But how long will it stay there?
