New Delhi: A power ministry-constituted panel has suggested a roadmap outlining the interventions for the near, medium, and long term for the development of the electricity market. The interventions suggested by the panel include setting up a mechanism to monitor whether adequacy of supply is being maintained by the state utilities, enhancing the efficacy of […]
New European Union energy policy announcements could boost energy storage – EQ Mag Pro
Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market. Energy was a prominent theme in Commissioner Ursula von der Leyen’s State of the Union Address on 14 September, and was preceded by a raft of proposed market […]
Electricity Market reforms for procurement of ancillary services can deliver economic benefits: Joint study between Wartsila and KPMG – EQ Mag Pro
Mumbai (Maharashtra) [India] : The technology group Wartsila and KPMG, a leading consultancy firm, recently unveiled a joint study on the current status of the ancillary services market in India along with recommendations. The study demonstrates that supply-side flexibility is needed at the pan India level for an efficient and cost-effective integration of 450 GW […]
