Name: What rising Indian peak power prices signify
Brand: Wood Mackenzie
SKU: 73933
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Author: Wood Mackenzie

Insight 12 September 2017

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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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.</div>
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<li class="list__item-toggle font-semibold">
        What's driving the recent price increases?
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<li class="list__item-toggle font-semibold">
        Why hasn't conventional generation responded?
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<li class="list__item-toggle font-semibold">
        Evening peak prices show a rising trend
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        Conclusion
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<p class="font-regular" >What rising Indian peak power prices signify</p>
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