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Electricity Market

Offer Marketing Lead : Power Metering & Power Factor Correction (PFC)

To define, develop and deliver differentiated solutions and product offerings that focus on winning market share. This position manages the “Offer Management for Power Meters & Power Factor Correction” for the entire India. The role requires to also engage in the market analysis, reporting Annual Market Research, building sales tools and pitch documents and build […]

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UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report

Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […]

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In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped

The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […]

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Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’

French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […]

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Green H2 to Become Low-cost in 12 Markets by 2030; Brazil, Chile to Lead

The hydrogen boom is well underway, but not all hydrogen is created equal. A spectrum of hydrogen colours are in play – but the real game-changer will come when low-carbon green hydrogen costs become competitive in major markets, states Bridget van Dorsten, Hydrogen Research Analyst, Wood Machenzie. In a recent report by WoodMac, “Hydrogen Costs 2021: […]

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Enel To Start Selling Electricity Directly To Consumers In Australia

Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […]

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An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030

A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […]

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Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF

Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […]

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