What rising Indian peak power prices signify
Get this report
$1,050
You can pay by card or invoice
Report summary
India's power demand is surging post-monsoon, and supply shortfalls looms with declining coal stocks and dropping wind generation. Spot power prices on the India Energy Exchange hit a high of Rs 3.9/kWh in the week of September 4, the highest weekly price since October 2014. Evening peak prices has gone even higher reaching Rs 8/kWh (US$125/MWh) on September 12. Gujarat's state grid operator started to operate its CCGTs on LNG to reduce its power purchase costs. Other utilities which face difficulty passing through the higher costs could be resorting to load shedding. In this insight, we assess why India's power supply availability is at stress.
Table of contents
- What's driving the recent price increases?
- Why hasn't conventional generation responded?
- Evening peak prices show a rising trend
- Conclusion
Tables and charts
This report includes 1 images and tables including:
- Evening peak and daytime prices on India Energy Exchange
What's included
This report contains:
Other reports you may be interested in
17 January 2018
India energy: 2017 in review and what to look for in 2018
India energy: 2017 in review and what to look for in 2018
Economic uncertainties slow down demand growth in 2017.
$1,05027 July 2016
China power and renewable markets long-term outlook H1 2016
China power and renewable markets long-term outlook H1 2016
China's power sector is facing slower demand growth and tightening environmental controls.
$9,10001 December 2017
Global thermal coal short-term outlook November 2017 - can supply keep up this winter?
Global thermal coal short-term outlook November 2017 - can supply keep up this winter?
The winter market is finely balanced but risks to supply disruption provide upside to price.
$1,800
