Page 5 - Power Demand Forecast

Peak power demand hits season's high of 235 GW on Wednesday amid heat wave

India's peak power demand hit the season's high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. According to the power ministry data, the peak power demand met or the highest supply in the day is recorded at 235.06 GW on Wednesday, which is the maximum so far in the summer season this year. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024. Besides the power ministry has also projected that peak power demand can hit the 260GW mark during this summer season. The data shows peak power demand was 224.18GW in April 2024, when the country witnessed the onset of the summer season

Delhi power demand all-time high at 8,000 Mw amid intense summer heat

Delhi's peak power demand reached an all-time high of 7,717 MW on Tuesday afternoon amid intense summer heat, Discom officials said. According to the State Load Dispatch Centre (SLDC), Delhi, real-time data, the peak demand of the city broke all previous records. It reached 7,717 MW at 3.33 pm, they said. Delhi's previous all-time high peak power demand was recorded at 7,695 MW on June 29, 2022, officials said. The national capital is reeling under intense heat with a steady temperature rise. The India Meteorological Department (IMD) has predicted heat wave conditions in many parts of Delhi and severe heatwave conditions in some areas. It has also issued a red alert for the next four days. According to the seven-day forecast, the maximum temperature will be in the range of 44 to 47 degrees Celsius. The minimum temperature on Tuesday settled at 30.7 degrees Celsius, four notches above normal, according to the IMD. The maximum temperature of the day is expected to be around 45 deg

Delhi's peak power demand touches new May high of 7,572 megawatt

Northern states lead the national power demand as heatwave engulfs the region

Peak power demand in May near projected 235 GW amid severe heatwave

India's peak power demand is hovering near the projected 235 GW level in May, following excessive use of cooling appliances like air conditioners and desert coolers amid severe heat waves in the country. According to the power ministry data, the peak power demand met or the highest supply in the day has already reached 233 GW on May 6 compared to 221.42 GW recorded a year ago. Earlier in the month, the power ministry estimated that the power demand would peak at 235 GW during the daytime, and 225 GW during evening hours in May; and 240 GW during daytime and 235 GW during evening hours in June 2024. Last week, the peak power supply touched 229.57 GW on May 18, while it was around 226 GW on May 15, 16 and 17. The peak supply was 229.77 GW on May 4, and interestingly the highest supply in a day crossed the 221.42 GW, recorded in May last year, on May 2 this year. The industry experts opined that power demand would increase further due to the increase in the intensity of heat in May,

Summer surprise: Incessant rain brings down power demand in Chhattisgarh

Chhattisgarh State Power Distribution Co Ltd (CSPDCL), however, has heaved a sigh of relief. The demand for power has come down at a time the company officials were expecting it to be at a record high

TotalEnergies will continue to be listed in France: CEO Patrick Pouyanne

Poyanne said the LNG market was 'tense' but would have more supply and, as a result, lower prices by 2027-2030

Friday's thunderstorm caused an 11 GW electricity load crash in North India

According to reports from state load despatch centres in North India, electricity demand fell by half in just 30 to 55 minutes when the storm hit

India's coal import surges 8% to 268 MT in FY24 due to rise in power demand

India's coal import rose by 7.7 per cent to 268.24 million tonne (MT) in FY24 driven by softness in seaborne prices and likelihood of increase in power demand during summer. The country's coal import was 249.06 MT in FY23, according to data compiled by B2B e-commerce company mjunction services. Coal import in March FY24 also rose to 23.96 MT, over 21.12 MT in the corresponding month of the previous fiscal. Of the total volume recorded in March 2024, non-coking coal import stood at 15.33 MT, against 13.88 MT in March FY23. Coking coal import in March 2024 was 5.34 MT against 3.96 MT a year ago. During FY24, non-coking coal import was at 175.96 MT, higher than 162.46 MT imported during FY23. Coking coal import was at 57.22 MT in 2023-24, against 54.46 MT in 2022-23. "There was an increase in coal import volumes due to the continued softness in seaborne prices and expectation of a demand uptick during the summer season. However, as there is ample availability of domestic coal in the

Gas-based plants directed to run from May 1 to Jun 30 as power demand rises

The government has directed all gas-based power generating stations to operationalise their plants from May 1 to June 30 in view of rise in electricity demand due to a likely prolonged heat wave this summer. A significant portion of Gas-Based Generating Stations (GBSs) is currently unutilized, primarily due to commercial considerations. The ministry has projected 260 GW peak power demand this summer (April to June 2024). Peak power demand had touched an all-time high of 243 GW in September last year. The decision to operationalise GBSs is part of a series of measures taken by the Centre to ensure that electricity demand in the summer is met. According to a power ministry statement, the order shall remain valid for generation and supply of electricity from May 1, 2024 to June 30, 2024. "To ensure maximum power generation from Gas-Based Generating Stations, the government has issued directions to all Gas-Based Generating Stations under Section 11 of the Electricity Act, 2003, under

AI, power purchase deals to help Delhi meet summer demand of 8,000 MW

The use of latest technologies such as artificial intelligence and long-term power purchase agreements with other states are among the steps taken by discoms to meet the national capital's high power demand this summer, officials said on Monday. With high temperatures projected for the season, Delhi's peak power demand is expected to cross 8,000 MW for the first time, reaching up to 8,200 MW, according to State Load Dispatch Centre data. The officials said the city's previous high was 7,695 MW in 2022 and last year's peak power demand was 7,438 MW. The peak power demand in the areas covered by BSES Rajdhani Power Limited's (BRPL) -- South and West Delhi -- which were 3,250 MW and 3,389 MW in the summers of 2023 and 2022 respectively, are expected to reach around 3,679 MW this summer, a BSES spokesperson said. The other BSES discom BYPL recorded the peaks of 1,670 MW and 1,752 MW during the summers of 2023 and 2022 respectively, in its distribution areas of Central and East Delhi.

India's power consumption subdued at 1.4% to 129.89 bn units in March

India's power consumption growth remained subdued at 1.4 per cent to 129.89 billion units (BU) in March as compared to the year-ago period mainly due to pleasant weather, according to government data. In March 2023, power consumption stood at 128.12 BU, lower than 128.47 BU recorded in the same month a year earlier, the data showed. The highest supply in a day (peak power demand) rose to 221.70 GW in March 2024 as opposed to 208.92 GW in March 2023 and 199.43 GW in March 2022. Experts said power consumption as well as demand growth remained subdued in March as the weather remained pleasant across the country and people did not feel the need for heating or cooling appliances, especially in north India. The power ministry has estimated around 260 GW of peak demand during summer. The experts said power demand as well as consumption will see robust growth April onwards with the onset of summer. The power ministry had estimated the country's electricity demand to touch 229 GW during s

Analysts see more steam in power stocks as India eyes harsh summer

Coal reserves at power plants have also surged by 15 days to 43 million tonnes, marking the highest level in nearly three and a half years

Uttar Pradesh govt to rake in Rs 80K crore through solar energy push

The Yogi Adityanath government is planning installations of rooftop solar plants and solar parks to achieve this target

Continue importing 6% of coal needs till June, govt tells gencos

Logistical challenges, higher power demand nudge govt to extend import mandate

Peak power demand estimated to rise 7% to 260 GW this summer: Report

Peak power demand in the country is estimated to rise by seven per cent year-on-year to 260 GW this summer, according to a senior official. The peak power demand during the summer of 2023 touched 243 GW against a projection of 229 GW. "We expect the peak power demand this year (in summers) at 260GW," Central Electricity Authority Chairperson Ghanshyam Prasad told reporters on the sidelines of the Fourth Edition of Lineman Diwas in the capital. The power ministry had estimated the country's electricity demand to touch 229 GW during summers in 2023, but it did not reach the projected level in April-July due to unseasonal rainfall. Peak supply, however, touched a new high of 224.1 GW in June before dropping to 209.03 GW in July. Peak demand touched 238.82 GW in August 2023, while it was 243.27 GW in September, 222.16 GW in October, 204.77 GW in November, 213.79 GW in December 2023, and 222.73 GW in January 2024. Power consumption was affected in March, April, May and June last year

Green energy push: India's companies charge up on power policy shift

Rush to tie up green energy through open access in C&I segment after two key policy amendments last year

Companies to see more gains as India's power demand surge continues

The power demand for the quarterly period of October-December 2023 was 10 per cent higher than the previous year

India sees higher peak in electricity demand as power consumption surges

Government officials now expect electricity demand to surge to a high of 384 gigawatts in the 12 months through March 2032, a 5 per cent increase on an estimate issued in May,

India's incremental demand to equal UK's current power consumption in 3 yrs

India remains heavily dependent on coal to meet its energy needs

India's coal imports register 27% rise in December, reaches 23.35 MT

India's coal import registered a rise of 27.2 per cent to 23.35 Million Tonne (MT) in December, over the corresponding month of the previous fiscal. The coal ministry is aiming for zero thermal coal import by FY26. The country's coal import was 18.35 MT in the corresponding month of the previous fiscal, according to data compiled by mjunction services ltd. mjunction services ltd is a B2B e-commerce platform. "Coal imports in December 2023 stood around 23.35 million tonne...Imports in December 2023 were up by 27.25 per cent as compared to 18.35 MT recorded for December 2022," it said. Of the total imports in December, non-coking coal imports stood at 15.47 MT, against 10.61 MT imported in December 2022. Coking coal import volume was 4.84 MT, against 4.71 MT imported in the same month of the previous financial year. The coal import in the April-December period of the current fiscal increased to 192.43 MT, over 191.82 MT in the year-ago period. During the April-December period of t