Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL Updated On Tue, Oct 17th, 2023 by Saurenergy The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050. NREL is the U.S. Department of Energy’s primary […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
ToD Tariff Mechanism: A Tool To Lower Electricity Bills While Managing Demand Updated On Fri, Oct 6th, 2023 by Saurenergy In a revision to Electricity (Rights of consumers) Rules, 2020, the Government introduced two changes to the electricity tariff system in June 2023. These changes are introduction of Time of Day (ToD) Tariff, and rationalization of smart metering provisions. As per the tariff system introduced, tariff during high-solar hours of the day should be 10%-20% […] Read more
TNERC Proposes Changes In Deviation Settlement Norms For Electricity Updated On Tue, Sep 12th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has developed a draft regulation to change the deviation settlement policy for solar and wind power generators. The new draft regulation is named TNERC (Forecasting, Scheduling and Deviation Settlement and related matters for wind and solar generation) Regulations, 2023. It aims to repeal the existing 2019 Regulations in […] Read more
Govt Notifies Electricity (Third Amendment) Rules, 2023 Updated On Mon, Sep 4th, 2023 by Saurenergy The Ministry of Power notified the third amendment to Electricity Rules 2005. The new amendments were aimed at dealing with the issues of the captive power generation plants in India. As per the new notification, the criteria for the captive electricity generation plants changed. The earlier provisions of the rules had said that no power plant should qualify as […] Read more
Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA Updated On Fri, Aug 18th, 2023 by Saurenergy 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 […] Read more
Thermal Energy Accounted For 76% Of India’s Electricity Generation Updated On Wed, Aug 2nd, 2023 by Saurenergy The latest renewable energy generation report from the Central Electricity Authority (CEA) for June claimed that renewable energy generation improved in the month. The data claimed that by the end of June 30, India had a total installed capacity of 176,242 MW (including large hydro). In contrast, the total energy generation from renewable sources during the month […] Read more
Department Of Electricity Updated On Wed, Jul 5th, 2023 by Saurenergy Enhancement Of 2.56 Mwp Capacity At 6 Mwp Solar Pv Plant At Diu And Enhancement Of 4.91 Mwp Capacity At 3 Mwp Solar Pv Plant At Diu Including O And M As Per Tender Specification Read more