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IEX Overall Volume In June Increases By 8% YoY

The overall volume during the month was higher 8 percent on YoY basis. IEX achieved 25,125 MU volume across all segments during Q1 FY24, growing 8 percent over Q1 FY23. ....

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New modes of renewable energy procurement in India- GV Sanjay Reddy's take

New Delhi [India], December 22 (ANI/GPRC): As the share of RE increases, it will have greater impact on the grid. Key challenges include: (a) higher grid integration costs due to the variable and unpredictable nature of solar-wind resources; (b) the need for greater system flexibility and improved voltage control; (c) difficulty forecasting and planning for RE procurement; (d) limited demand-side management by discoms; (e) a focus on the levelized costs of energy from RE rather than the overall cost of supply to consumers; and (f) increased power generation costs for thermal projects. In this analysis, GV Sanjay Reddy, Chairman Reddy Ventures and Vice Chairman GVK, looks at how India's electricity sector is adapting to meet these challenges by implementing innovative RE procurement models. The electricity sector in India is rapidly changing. Renewable energy (RE) capacity in the country has more than doubled in the last few years, reaching 89.2 GW in September 2020. Between the fir ....

New Delhi , Sanjay Reddy , Solar Energy Corporation Of India , Chairman Reddy Ventures , Vice Chairman , Solar Energy Corporation , New Delhi India , Ecember 22 Ani Gprc As The Share Of Re Increases , T Will Have Greater Impact On The Grid Key Challenges Includea Higher Integration Costs Due To Variable And Unpredictable Nature Of Solar Wind Resourcesb Need For System Flexibility Improved Voltage Controlc Difficulty Forecasting Planning Re Procurementd Limited Demand Side Management By Discoms Ea Focus Levelized Energy From Rather Than Overall Cost Supply Consumers Andf Increased Power Generation Thermal Projects In This Analysis , Gv Sanjay Reddy , Hairman Reddy Ventures And Vice Chairman Gvk , Ooks At How India 39s Electricity Sector Is Adapting To Meet These Challenges By Implementing Innovative Re Procurement Models The In Rapidly Changing Renewable Energy Capacity Country Has More Than Doubled Last Few Years , Eaching 89 2 Gw In September 2020 Between The First Quarters Of 2018 19 And 21 , He Share Of Renewable Energy In The Electricity Mix Increased From 9 8 To 11 , 020 The Share Of Renewable Energy In Indian Grid Is Expected To Reach 55 By 2030 , Ith 450 Gw Total Installed Capacity Gv Sanjay Reddy Explains , Uot Increasing The Share Of Renewable Energy In Indian Grid Necessitates Development Novel Approaches To Stability Possible Solutions Include Deploying Storage Reduce Generation Intermittency And Flexibility Thermal Projects Addition , Holesale Market Redesign , Advanced Forecasting , Smart Metering , Nd Demand Side Management May Aid In Ensuringa Smooth Transition However , Nlike In Most Developed Countries , He Impact Of Demand Side Management Has Been Limited In India Due To The Infancy Smart Metering Infrastructure And Low Adoption Time Use Tariffs Quot Therefore , Ndia 39s Chief Renewable Project Tendering Agency , Solar Energy Corporation Of India Seci , As Begun To Roll Out Innovative Procurement Models On Behalf Of Discoms Procure Firm Or Less Intermittent Re Hybrid ,