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Electricity Market

Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA

IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […]

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Solar Canals Deliver On Promise, Yet Fail To Find Market

By-Ravleen Kaur A streak of blue cuts across the yellow landscape as one takes a turn while travelling through the Mehsana district of Gujarat. The dry smell of dust alerts one about the arid zone ahead and the heat is an indication of impending summers in this terrain. Soon, the blue line turns grey with […]

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Ministry Of Power Notifies Domestic Carbon Credit Market Scheme

  The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Despite A Volatile Market, Wind Energy Blows Strong

It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade.   Global Trends  2023: Big Start, Bigger Finish The wind sector is back […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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Swiss Solar Manufacturer Meyer Burger Set To Establish Presence in Australian Market

Switzerland based solar cell and module manufacturer, Meyer Burger Technology AG is ready to set foot into Australia, where it will supply solar panels. Australia, the firms says, is a significant and growing market. Meyer Burger will present its product portfolio “Made in Germany, designed in Switzerland” at the country’s largest solar trade show, the […]

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Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator

According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […]

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