Paritosh Moghe’s Post

Our CEO Nitin Agrawal got featured in moneycontrol.com expressing his views on how Power sector is in a multiyear megatrend Below is the link to full article https://lnkd.in/djKzttmb

“...electricity demand is actually increasing, pressuring supply, and it may continue to do so for a long time as industrial onshoring and the AI revolution are both turbo-charging the need for generating capacity,” states Bank of America Institute in a recent publication, Powering the Revolution - Consumer Morsel. A decade ago, electricity demand growth was stagnant, electricity prices were increasing, there was minimal discussion about incorporating renewable energy at scale, and no discussion about artificial intelligence. Today, those dynamics have flipped, and GTM Strategies is excited to be at the forefront of addressing the many opportunities and challenges ahead. It won’t be easy, and it won’t be fast, but we truly believe we are at a pivotal moment where demand, supply, technology, and regulation are becoming aligned… sometimes willingly, sometimes forcefully. David Michael Tinsley, Jonathan Kaplan, Andrew Obin, Paul Kole, Liz Everett Krisberg Phil Flaherty, #ElectricityDemand #EnergySupply #AIRevolution #IndustrialOnshoring #RenewableEnergy #GTMStrategies #EnergyInnovation #SustainableFuture #TechTrends #Regulation #PowerGeneration #CleanEnergy #EnergyChallenges #FutureOfEnergy https://lnkd.in/eT3Yas_h

📉 Market Update: IEX Shares Dip Amid Government's Market Coupling Plans 📉 In an important development for the power sector, the Power Ministry is expediting the proposal for market coupling across power exchanges. This initiative aims to unify multiple exchanges into a single platform, allowing a central algorithm to set a uniform clearing price for electricity. But what implications does this have for IEX, the current market leader? 🔍 Understanding Power Market Coupling: Power Market Coupling seeks to enhance transparency and efficiency in power trading by integrating exchanges, ensuring standardized pricing across the board. While this initiative could benefit the overall market, it poses several challenges for IEX: 1️⃣ Loss of Market Leadership: As IEX enjoys a dominant position with the highest trading volumes, market coupling may diminish its competitive edge, leveling the playing field for other exchanges. 2️⃣ Reduced Innovation: A centralized market could stifle innovation, limiting IEX's ability to differentiate its offerings and introduce new products or services. 3️⃣ Impact on Pricing Power: Currently, IEX sets its prices based on supply and demand dynamics. However, market coupling would result in uniform pricing across exchanges, potentially affecting IEX's profitability and pricing strategies. As the landscape of the power trading market evolves, it will be interesting to see how IEX adapts to these changes. Let’s keep an eye on these developments and their implications for investors and the market as a whole.

Chart of the Day: S&P500 sector weightings shows lagging in energy while information technology remains on the rise. #chartoftheday #investmentmanagement #wealth #income #growth #wealthmanagement #investmentmanager #Financialnews #FinancialTrends #MarketTrends #FinancialMarkets #EmergingMarkets #InvestmentTrends #GlobalEconomicTrends #EconomicIndicators #sp500 #energy #informationtechnology

Neodymium Market Outlook 2024: Exclusive Report By The Business Research Company: Neo and Challenger Bank Market is registering a CAGR of 50.6% during the forecast period 2016-2020. Neo and challenger bank market has witnessed ...

𝐂𝐡𝐨𝐨𝐬𝐞 𝐖𝐢𝐬𝐞𝐥𝐲. 𝐖𝐢𝐭𝐡 𝐬𝐨 𝐦𝐚𝐧𝐲 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜𝐢𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭s 𝐰𝐡𝐢𝐜𝐡 𝐬𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐜𝐚𝐫𝐞 𝐚𝐛𝐨𝐮𝐭? There is just one electricity market – isn’t there?  The electricity market consists of several time horizons which create different price drivers and behaviours. The importance of focussing on the right bit of the market has never been more important to the delivery of your goals. As an investor, consumer, generator, storage operator, entech business or supplier, staying focussed on the relevant piece of the market saves time and more importantly money. Make sure you’re getting what you need, not what somebody else wants you to have. So which bit of the market matters to your business? 𝐋𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 are broadly priced on an ‘all-things-being equal’ world. Generation and demand are seasonal normal, weather is normal. In recent years, liquidity (the proportion of transactions) in long term markets has dropped. Long term price volatility tends to be lower than for short term – but that does not mean prices do not follow trends, and they will also respond to shocks in supply and demand in a kind of ripple effect. As was obvious at the start of the Ukraine war. Standard trading products dominate; but bespoke transactions are possible, and form the basis of any long-term transaction such as a PPA or CPPA. 𝐌𝐢𝐝-𝐭𝐞𝐫𝐦 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 from about 1-6 months bridge the gap between long term and short-term. There remains an element of seasonal normal expectation in the longer end of this, which is replaced with more probabilistic driven behaviours near delivery as more information about weather and actual supply/demand emerge. Liquidity tends to be higher than for long term markets, and volatility also increases as the amount of information available changes. 𝐒𝐡𝐨𝐫𝐭-𝐓𝐞𝐫𝐦 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 cover the first month or so up to the day before delivery. During this time. The level of information about weather and supply /demand increases massively. The ability to add in more complex products that are shaped for delivery increases as companies try to balance out their physical positions to manage exposure. 𝐑𝐞𝐚𝐥-𝐭𝐢𝐦𝐞 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 are available for the current day or less. These markets started out being about balancing out supply and demand, but have grown and there are now many businesses that only focus on this area to create speculative value from their ability to operate flexibly in real time. Price volatility is high, and in part driven by changing generation mix and a large volume that is either all on or all off together depending on the wind/ sun. These markets also provide flexibility to networks meaning it is possible to be paid for not using energy and not using the network. If you want help finding the right solution please get in touch. #energymarkets #electricitymarkets #electricitycosts #electricitysupply #ppa #cppa #riskmanagement #hedging  @cieloenergy

Unclear rules on banking charges and the quantum of banked power are not helping the implementation of the Green Energy Open Access (GEOA) across states in India. The indicative charge for banking is 8% but states are conducting independent analyses on the same, while at the same time understanding of the banked quantum allowed differs drastically by state (eg: up to 30% or at least 30%). Overcoming this needs stronger leadership and directives by CERC and MoP. Incentives at the moment aren't best aligned to force DISCOMs to ease the implementation hurdles. More details in the comments. #renewableenergypolicy #greenenergyopenaccess #geoa #energypolicy

India’s Power Market Regulation 2021 by CERC, indeed represents two critical steps that are set to strengthen and mature the electricity market in the long run. By introducing Over-the-Counter (OTC) platforms, the regulation aims to create more flexibility and transparency in bilateral trading of electricity. OTC platforms allow for direct transactions between buyers and sellers, providing a space for customized contracts. This opens up opportunities for market participants to engage in non-standard products, which enhance liquidity and risk management in the market. Market coupling is another important step forward, as it aims to integrate different power exchanges in India. Also couple PXs with SCED too. By creating a single, robust reference price for electricity across the country, market coupling ensures efficient use of available transmission capacity and minimizes multiple price disparities. This leads to a more competitive market, cause further economy, reducing transaction costs, improving price signals, and aligning with the best practices. Both these initiatives are pivotal in making India’s electricity market more efficient, transparent, and liquid, ultimately supporting the integration of renewables, capacity markets, derivatives and innovations like 5-minute markets…#ElectricityMarket #MarketCoupling #OTC #India 🇮🇳

I propose a single global currency derived from energy itself. Specifically, the mega-Joule (MJ). The principle of Conservation of Energy suggests that energy is a finite quantity of the universe. https://lnkd.in/dtqczDgs This means there will never be any more or less energy than there is right now. All activity is, at its core, the movement of energy. Innovation is about making activity easier. Ultimately, that means conserving energy or, more plainly, being more efficient. By using energy as currency, we will all see the inefficiencies in our daily lives. As an example, a single gallon of gasoline (at 59F, because the volume of a mass of gasoline is temperature dependent) contains just over 120MJ of energy. However, energy is expended in collecting and transporting, and even storing that gasoline such that one would, before any compensation is paid to those who facilitate the collection, transportation, and storage of the gasoline, end up paying more than 120MJ/gallon of gasoline. If the price at the pump were noted as MJ(currency)/MJ(energy) the efficiency (or rather, inefficiency) of the system would be clear. Doing so would highlight the differences between grid-scale energy conversion, and transportation scale energy conversion. In plain terms, the difference between burning diesel at a power plant vs burning it in a truck. It would also highlight the need for infrastructure investment for the transportation of energy. Consider the way debit cards work. The merchant accepting the card as a means of payment must pay a percentage to their payment service provider for facilitating the transaction. If energy were the actual currency, instead of depositing logical (virtual) dollars in a bank, you'd be storing actual Joules. Getting those Joules to their storage location, and back out when you make a withdrawal (debit, etc) would have management costs, but there would also be transportation losses (a certain amount of energy is required to move energy, regardless of how it's stored). There's also the unavoidable losses due to entropy. Batteries degrade, stored hydro evaporates, gasoline "rots," etc.

As promised, we're back with part 2 of power banking. In this video, we'll discuss the policy landscape and state-wise variations in energy banking policies. Further, we delve into the complexities and benefits of solar power banking regulations and see how state policies impact green energy adoption. Share your thoughts with us in the comments & reach out to our team Anurag Jain, Vaibhav Kumar & Himani Verma to discuss emerging market opportunities. Part 1 : https://lnkd.in/gRnnCqtF #RE100 #sustainability #greenenergy #bankingofpower #energybanking #banking #climatechange #sdg #sustainabledevelopmentgoals #irena #ireda #mnre #ministryofpower #nldc #sldc #discom #transmissioncompany #distributioncompany #tod #timeofday #powerconsumption