Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
CERC Approves PXIL’s Plan To Introduce High Price Day-Ahead Market (HP-DAM) Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its order on a petition filed by the Power Exchange India Limited (PXIL) on Tuesday, approved its demand for the introduction of the High Price Day Ahead Market (HP-DAM). PXIL had earlier sought approval from the CERC to introduce the HP-DAM on PXIL’s PRATYAY Platform. CERC first heard […] Read more
CERC Amends February 6 Order On DSM Regulations To Cover High Price-DAM Updated On Mon, Apr 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a suo-motu petition, amended its earlier Order of February 6, 2023, relating to its (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. The CERC said it was done to include the changes in DSM Regulations and extend the same for the High Price-Day Ahead Market (HP-DAM). In its February 6 […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […] Read more
IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading Updated On Fri, Feb 17th, 2023 by Saurenergy In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […] Read more