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Electricity Market

HPX Crosses 100 MUs Of Traded Power In Month 1

The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […]

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Hindustan Power Exchange Commences Operations

India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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Senior Consultant – Power Transmission

Key Responsibilities:- Manage a project team of analysts, participate in business development activities, lead projects, and interface with clients on key deliverables and discussions. Simulate and develop models and tools to analyze electricity markets, energy markets including simulation ancillaries and transmission constraints. Develop proficiency in SCED and Power Flow models like PROMOD, TARA and PSLF Stay abreast of market […]

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Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh

EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […]

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Despite Positive Results, Renewable Energy In Australia Faces Local Challenges

Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […]

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Hybrids Technical Sales Engineer

The Hybrids Technical Sales Engineer will drive solution-based sale of a mixed- technology hybrid plant (solar, wind, storage, and other) by understanding key customer requirements, technical constraints, and recommending the most profitable solution to both GE and the customer. They will accomplish this through development and execution of techno-economic analysis on a cloud based software […]

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Australian City Turns To Compressed Air Project For Storage Of 1.5 GWh

Broken Hill, a city in rural New South Wales, Australia, has opted for advanced compressed air energy storage for energy storage. The project can be completed and commissioned by 2025, if not earlier. The advanced compressed air energy storage (A-CAES) technology, Hydrostor, has been proposed by a Canadian company recently releasing a statement that its […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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