In India, the power sector is witnessing a rapid transformation with the introduction of new technologies, policies and regulations. The Central Electricity Regulatory Commission (CERC) is the main regulatory body in India that regulates the power sector. CERC has recently released a draft Power Market Regulations on 18 July, 2020, Read more
On February 1, 2023, Union Finance Minister Nirmala Sitharaman presented the Union Budget for 2023-24 in the Parliament. In her speech, she emphasised the need for a green growth and a clean energy transition in India. The Ministry of New and Renewable Energy (MNRE) was allocated Rs 10,222 crore, a Read more
Solar power is an important element in reducing the world’s carbon footprint. A recent report by IRENA suggests that to meet the Paris Climate goals, renewables combined with electrification and increased energy efficiency must achieve over 90% of the energy-related carbon dioxide emission reductions by 2050. A significant portion of Read more
The world is facing an unprecedented challenge to transition from fossil fuels to renewable energy sources to meet climate goals and promote socio-economic development. Global investments in energy transition technologies, including renewable energy, energy efficiency, electrified transport and heat, energy storage, hydrogen, and carbon capture and storage (CCS), reached a Read more
As the world’s population and energy demands continue to rise, the need for sustainable and reliable energy storage solutions becomes increasingly important. In recent years, grid-scale energy storage technologies have emerged as a critical component of the transition to a clean energy future. In this article, we will compare four Read more
Green hydrogen, also known as renewable hydrogen, is an important piece of the puzzle in the transition to a sustainable energy future. Hydrogen has the potential to decarbonize a variety of industries, from transportation to power generation. However, the production of hydrogen must also be sustainable and low-carbon. In this Read more
Open access refers to the practice of allowing non-discriminatory access to transmission and distribution systems by generators and consumers of electricity. It is a mechanism that allows consumers to procure power directly from power generators, instead of purchasing electricity from their local distribution companies (Discoms). One of the important factors Read more
The use of renewable energy sources has been on the rise in recent times, and this is especially true in the case of solar power. Solar power is one of the most cost-effective forms of renewable energy, and it has become increasingly popular among businesses and industries looking to reduce Read more
The COVID-19 pandemic has caused a severe impact on the global economy, and the power sector in India is no exception. The pandemic has further distressed discoms or the distribution companies that are responsible for supplying electricity to consumers. The lockdown during the pandemic resulted in a sharp downturn in Read more
In India, the power sector is dominated by State Electricity Boards (SEBs) and State Distribution Companies (DISCOMs). However, the financial and operational performance of these entities has been a cause of concern for years. Despite several measures taken by the government to revive the sector, the DISCOMs continue to face Read more