Tag: power market

Unified National Power Market System in China

Unified National Power Market System in China

May 5, 2023 | ,

This report “”Building a Unified National Power Market System in China” examines the role of power markets in China and the pathways to develop a national market. The analysis focuses on short-term markets because they have the potential to unlock flexibility the system needs in light of renewables growth and changing weather patterns. The report provides recommendations to improve markets’ co-ordination across the country as well as within the provinces.

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Lighting up South Asian economies and building an integrated regional power market

Lighting up South Asian economies and building an integrated regional power market

June 22, 2022 |

The South Asian countries have been engaged in cross-border electricity trade (CBET) for over a decade now through bilateral transactions. The South Asian region presents a great opportun­ity to link economies through an integrated regional power market, which re­quires strengthening transmission co­n­nectivity and access, thereby facilitating energy security and helping achieving greater economic prosperity.

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Five trends reshaping European power markets

Five trends reshaping European power markets

November 20, 2021 |

Price volatility is reaching new heights as a result of the uncertain output of renewable assets and a tight supply-and-demand balance in the European power system. Navigating this next normal will be a key challenge for utilities, traders, and large power consumers, and that highlights the importance of developing resilient power-asset portfolios and managing risk. The European power market is undergoing major changes. Five trends underpin these developments. 

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Finessing India’s Power Market Design to be More Competitive

Finessing India’s Power Market Design to be More Competitive

September 14, 2021 | ,

A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) looks at the benefits and potential roadblocks to implementation of these key reforms and argues that they are important steps towards transforming India’s power sector into a low-emissions, low-cost and profitable part of the economy. The note also discusses the second progressive market development: the Central Electricity Regulatory Commission’s (CERC) draft regulations for procurement, deployment and payment of ancillary services to maintain the grid frequency at 50 Hertz.

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