Grid

Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […]

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PXIL Highlights Power Market Regulatory Reforms and Insights

PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […]

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Each Degree Rise in Heat Index led to 187 MW Increase in Power Demand: CSE

Every degree rise in heat index resulted in a 187-megawatt increase in electricity demand during COVID-19 lockdown, which was six percent higher than in 2019, according to a new analysis. The analysis by the Centre for Science and Environment (CSE) was on electricity demand and its correlation with weather data during the successive stages of lockdown […]

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Electric Bus Garage in London to Feed the Grid in Largest Ever Trial

A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial A bus garage in London housing 28 fully electric buses is set to become a virtual power station in the what will be the world’s largest trial to […]

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Government Introduces new Consumer Charter to Seek 24×7 Power

The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes The Government proposes to bring in regulations that will give rights to the consumer to seek 24X7 power supply in their homes and provide them compensation for any deviation from the stated goal. Sources close […]

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CERC Grants Approval for Third Power Exchange in India

CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […]

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Next Intervention in Power Systems Operation is AI: POSOCO CMD

National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that POSOCO will use for demand forecasting is AI (Artificial Intelligence). National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that Power System Operation Corporation (POSOCO) will use for demand forecasting is AI (Artificial Intelligence). Speaking […]

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Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […]

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One Sun, One World, One Grid Brings Opportunities and Challenges: IEEFA

Indian Prime Minister Narendra Modi floated the idea of cross-border solar connectivity in October 2019. It was taken up by the Ministry of New and Renewable Energy (MNRE) and India is now pursuing a new vision of ‘One Sun One World One Grid’ (OSOWOG). It looks ambitious, but if structured well could change the way […]

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