Moneycontrol PRO
Loans
Loans
HomeNewsPowerPowerWatch |Peak power demand drops due to sporadic rains

PowerWatch |Peak power demand drops due to sporadic rains

The share of coal-fired power plants in meeting the demand was 71 percent.

May 25, 2023 / 19:59 IST
PowerWatch

Sporadic rains in several parts of the country led India's peak power demand to drop from  221.34 gigawatts (GW) on May 23 to 210.9 GW on May 24.

The peak demand deficit, which refers to the shortfall in meeting the demand, stood at 90 megawatts (MW) on May 24 against 211 MW on May 23.

Also read: Exclusive: Govt to offer incentives in demand aggregation model for green hydrogen.

The demand on May 23 exceeded the previous high of 221.07 GW, which was met on May 17 when large parts of the country were experiencing heatwave conditions. The deficit on May 17 was 1,777 MW. On May 22, the demand that was met amounted to 220.9 GW. The peak demand deficit stood at 766 megawatts (MW) on that day.

The share of renewable energy sources (wind, solar and hybrid) in the total energy generation on May 24 was 14.31 percent. The share of renewable energy along with hydropower, nuclear and others was 25.56 percent, according to data.

The share of coal-fired power plants in meeting the demand was 71 percent.

Also read: MC Exclusive: NEP may focus on clean energy, govt still to add 41GW of coal-fired power by 2030: Sources.

Due to the heatwave conditions in several parts of the country, it is anticipated that the peak power demand met may surpass the current high in the coming days. However, it may not happen in the current week as sporadic rains have lashed some parts of north India, bringing down the temperature. The weatherman has predicted similar weather conditions for the next two-three days.

In 2022, the highest peak demand met was 212 GW on June 10.

Also read: Will do away with protectionist barriers if there is profiteering: RK Singh to wind OEMs.

The Power Ministry expects the peak demand to reach 230 GW this summer, with Power Minister RK Singh stating that the country is prepared to meet this demand.

As of now, the country's coal stock situation remains manageable. According to data, out of the 165 domestic coal-based thermal power plants in the country, 30 had critical coal stocks as of May 23. Last year at the same time, the number of such plants was around 96-110. Approximately 33 million tonnes (MT) of coal are currently stocked at the thermal power plants.

Sweta Goswami
first published: May 25, 2023 07:59 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347