Grid

Unpaid Electric Bills Weakens the Efforts to Improve Access to All

Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […]

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Accenture Makes Strategic Investment in Reactive Technologies

Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […]

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Power Sector Employees Protest Against Privatisation of Discoms: AIPEF

Power sector employees have held nationwide protests against the government’s decision to privatise Discoms, AIPEF has said. Power sector employees on November 26, 2020, held nationwide protests against the government’s decision to privatise Discoms, the All India Power Engineers Federation (AIPEF) has said. They also demanded the withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). […]

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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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