Power Chronicle - EAL Newsletter - Volume 01 Issue 02
Posted: 27 Aug 2019
Date Written: January 1, 2019
EAL's analysis as presented in this issue shows significant variations in the regional demand profiles (except Southern Region) over the months October to December, although the national level load profiles were relatively consistent.
Based on inputs from readers, the analysis of URS at national level, as presented in this issue, excludes gas-based plants. Similar to the previous quarter, Northern Region (NR) continues to witness peak-hour shortage even in the presence of non-gas URS capacity in the region. This, highlights the need for inter-regional exchange of power to meet the electricity shortage in the region.
State Electricity Tradability Index for the October – December quarter shows that pairs of states with high tradability index are different from those identified in the previous quarter. This shows the dynamic nature of the demand-supply balance and underscores the importance of a dynamic power procurement strategy.
Electricity prices on Indian Energy Exchange (IEX) crossed Rs. 18/kWh, a new high in recent history. To avoid such high prices, design of an efficient demand side management programme and its effective implementation is the need of the hour. This issue also includes an analysis of
Term-Ahead Market (TAM) transactions.
Based on a discussion paper by Central Electricity Regulatory Commissions (CERCs), this issue highlights the effects of implementation of Market Based Economic Dispatch (MBED) of Electricity, along with its implications on the overall market. Another development in the sector concerns a petition pertaining to proposed bid (order) types in Day-Ahead Market (DAM), filed by Indian Energy Exchange (IEX) before CERC.
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