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Renewable Record of 8 GW Solar and Wind Installations in H1 of 2023 in Germany

Germany saw an impressive growth in renewable capacity addition in the first half of this year. A record 8 GW in new solar and wind installations have been commissioned in Germany during the first half of this year. This data comes from an initial analysis of the Market Master Data Register (MaStR), which is maintained […]

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Rajiv Kumar Porwal Takes Over as Director (System Operation) at Grid India

Rajiv Kumar Porwal has stepped into the role of Director (System Operation) of Grid Controller of India Limited (Grid-India) formerly POSOCO. The appointment came into effect on July 7, 2023. Before being elevated to this role, he was contributing as Executive Director, Northern Region Load Despatch Centre (NRLDC), Grid-India. R K Porwal holds a Bachelor’s […]

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Indu Shekhar Chaturvedi Assumes Role of Director General at Electric Power Transmission Association

The Electric Power Transmission Association (EPTA), an association consisting of leading private electricity transmission developers, industry stakeholders, and experts in electricity transmission, announced the appointment of Indu Shekhar Chaturvedi to the position of Director General. In his role, Chaturvedi will be responsible for leading EPTA’s efforts to promote the development of a robust, reliable, and […]

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CEA Proposes Reconductoring Of ISTS Transmission Lines Under RTM Mode

The Central Electricity Authority (CEA) issued a draft discussion paper on reconductoring ISTS (Inter-State Transmission System) lines. The central authority said that this could augment power transmission capacity and standardize the system.  The government agency asked the stakeholders and the general public to send in their objections and comments on the same by July 17, […]

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Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity

Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […]

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NREL Study Forecasts Significant Decline in BESS Costs by 2030

The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […]

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Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval

The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […]

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Director – Power Fundamentals Research

We seek a full-time Head of Global Power Fundamentals for Wood Mackenzie’s Power & Renewables team. The team’s research spans power market fundamentals forecasting and proprietary sensor network data comprising some of Wood Mackenzie’s most highly utilized data, reports, and insights. The team consists of Data Analysts, Meteorologists, and Data Scientists, focusing on providing data and analytics […]

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