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electricity

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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Nepal to Sell Surplus Electricity in India’s Energy Exchange Market

Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. The Energy Exchange under India’s Power Ministry on Monday granted permission to Nepal after persistent lobbying from Kathmandu, as Nepal […]

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Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS

Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […]

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Singapore Plans Electricity Imports to Boost Security, Diversify Supply

Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security. The Asian city-state will start with trials to resolve technical and regulatory issues over cross-border power trading, […]

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Power Trading Gets a Fillip With SC Judgement On CERC, SEBI Jurisdiction On Electricity Contracts

A key power sector reform which was held up due to the jurisdiction issues between SEBI and CERC has finally been resolved. On 06.10.2021, the long pending matter between SEBI and CERC regarding regulatory jurisdiction of Electricity Derivatives has finally got resolved with the Hon’ble Supreme Court favorably disposing of the matter in terms of […]

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Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study

Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […]

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New Electricity Rules Make Transmission Access Simpler

The Ministry of Power (MoP) has released the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021, which are aimed at allowing power sector utilities easier access to the electricity transmission network across the country. Transmission system is the vital linkage in the power sector value chain connecting generation and demand. […]

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IKEA To Start Selling Renewable Electricity To Swedish Households

IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […]

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