News

India Rating Report: Energy Demand Increase Met by Hydro & Nuclear Generation

According to the report by India Ratings and Research, the Demand-supply gap following improved power requirement in August this year was met by increased hydro and nuclear power generation bringing down peak deficits to 0.5%.

In August 2018, all-India energy requirement increased 6% over August last year to 112.0 billion units and available energy increased 6.2% to 111.4 billion units. Peak demand deficit improved to 0.5% in August 2018 against 2% last August.

According to the report by India Ratings, increase in power demand was met through higher electricity generation, which increased 11.7% year-on- year to 105.7 billion units, especially driven by a healthy year-on-year rise in generation from hydro/hydel sources by 20% and nuclear by 18.1% while thermal generation remained almost at the same levels. Thermal plant load factor declined to 56.4% in August 2018 from 57.9% in August 2017.

On renewables, it stated that the total renewable power generation rose 21.8% this August against last August to 15.8 billion units in July 2018, on account of improved generation from the wind sector due to higher capacities and wind speeds. Solar energy generation increased to 2.6 billion units in July 2018 from 1.7 billion units in July 2017. The growth can be attributed to the addition of solar capacities in both the solar roof top and ground mount capacity addition that has crossed 25GW so far this year. Wind power generation increased to 11.4 billion units in July 2018 from 9.8 billion units in July 2017. A greater increase can be expected as the recent LiDAR Preliminary assessment had shown promising offshore wind potential in the southern tip and west coast of India. Then a pre-feasibility report was prepared in which eight zones were identified on the Gujarat and Tamil Nadu coastal areas.

Production from Coal India increased 3.1% in August against last August to 38.8 million tonnes, supporting thermal generation growth. Coal inventory at power stations improved 23.7% year-on-year, unlike previous months. This was on account of higher generation from hydro/hydel and renewable sources, which led to lower reliance on thermal generation for meeting incremental demand. Number of power stations with critical and supercritical levels declined to 11 in August 2018 from 12 in August 2017.

The agency however has also maintained a stable-to-negative outlook on the power sector for the remaining FY19, despite a rise in electricity demand and an increase in short-term prices.

ALL INDIA INSTALLED CAPACITY (IN MW) OF POWER STATIONS

I am Renew

Recent Posts

John Cockerill secures India’s largest electrolyzer supply order from AM Green

AM Green has placed India's largest electrolyzer order with John Cockerill Hydrogen for one of…

3 days ago

Cultivating A Thriving Biofuel Ecosystem: What It Takes To Fuel India’s Green Future

By-Nipun OS  India's energy goals for the next two decades are threefold: achieve energy security,…

5 days ago

India’s biogas sector to offer opportunities for the next 5-10 years: Jan and Anting, Weber Entec

How do you find the Indian CBG market on this visit? What’s the general sentiment?…

6 days ago

BAUR FOLIEN now market leader worldwide; ideally fit for India: MIROSLAV BENKA, MD

MIROSLAV BENKA, MD of BAUR FOLIEN talks to I am Renew and explains its business…

7 days ago

To step-up biogas solutions worldwide, Sistema.bio acquires Inclusive Energy

Biogas developer & innovator, Sistema.bio has acquired Bengaluru headquartered Inclusive Energy (IE) which is at…

1 week ago

ARYA raises 100 crore to develop biogas projects

ARYA, the project development division of GPS Renewables, has secured INR 100 crore in mezzanine…

1 week ago