India Energy Exchange Current Affairs, GK & News
New market segment for EXPENSIVE power
The Central Electricity Regulatory Commission recently approved a proposal to start a separate market for expensive power. These expensive power markets are usually referred to as spot power markets. What is expensive power according to the regulatory body? Electricity derived from imported gas and imported coal and also from battery storage has been put under ..
Month: Current Affairs - February, 2023
Category: Economy & Banking Current Affairs - 2022
Topics: CERC • expensive power market • IEX • India Energy Exchange • power market
Real Time Electricity Market launched by Indian Energy Exchange
On June 1, 2020, Indian Energy Exchange launched Real Time Electricity Market (RTM). The main aim of the launch is to help discoms plan their power requirements. Working of the market The market will conduct 48 auction sessions during the day and the power will be delivered within one hour of closure of the bid ..
Month: Current Affairs - June, 2020
Category: India Nation & States Current Affairs
Topics: DISCOMs • Electricity Act 2003 • Electricity Supply • India Energy Exchange • power distribution • Power Sector • Real Time electricity Market (RTM) • Renewable energy