Indian Energy Exchange Concall was today at 2:30 pm
Here are the key highlights of the Conference call π
@varinder_bansal @Coolfundoo @amey_candor @caniravkaria @Maaachaaa69
Here are the key highlights of the Conference call π
@varinder_bansal @Coolfundoo @amey_candor @caniravkaria @Maaachaaa69
Operation:
β’ Operation were at normal levels and see
β’ Launched new product which is in green market and improved the technology.
β’ Provide power in all areas in significant manner
β’ Witnessed highest manufacturing in power number in last 8 years
β’ Operation were at normal levels and see
β’ Launched new product which is in green market and improved the technology.
β’ Provide power in all areas in significant manner
β’ Witnessed highest manufacturing in power number in last 8 years
New bringing:
β’ Real time electricity market launched in June and witnessed volum
Almost arounde and traded 2,350 MU in this quarter
β’ Green Term-ahead Market (G-TAM), launched on August 21, 2020 saw good response and saw volume of 75.01 MU during the quarter.
β’ Real time electricity market launched in June and witnessed volum
Almost arounde and traded 2,350 MU in this quarter
β’ Green Term-ahead Market (G-TAM), launched on August 21, 2020 saw good response and saw volume of 75.01 MU during the quarter.
Power market:
β’ Time line for power market regulation was expected to be issued on September, however this was delayed by SC, and no near term time line expectation for the beginning
β’ Covid impact has affected power and energy , policies are present to make improvements
β’ Time line for power market regulation was expected to be issued on September, however this was delayed by SC, and no near term time line expectation for the beginning
β’ Covid impact has affected power and energy , policies are present to make improvements
β’ In electricity initial phase every thing settled out eventually , and in gas segment things are different , they are working with govt about GST related work
β’ Intraday dam transaction are reduced.
β’ Company doesn't think any cannibalism in long dated volumes
β’ Intraday dam transaction are reduced.
β’ Company doesn't think any cannibalism in long dated volumes
Gas Exchange:
β’ Till now 2 terminals , but for growth need more terminals. Maybe 2-3 new will come in next one year
β’ Opportunity for gas is more than that of electricity
In case of gas exchange, short term market exchange is high.
β’ Till now 2 terminals , but for growth need more terminals. Maybe 2-3 new will come in next one year
β’ Opportunity for gas is more than that of electricity
In case of gas exchange, short term market exchange is high.
β’ Long duration contract: reverse option pricing structure is similar to b platform where there will be minimum charges
In b platform only price discovery is done, in case of IEX their is option and matching mechanism, supply and generation on daily basis will be done by company
In b platform only price discovery is done, in case of IEX their is option and matching mechanism, supply and generation on daily basis will be done by company
β’ DEEP platform is only for price discovery. After this DEEP platform role is over
β’ REC volume: Trading can happen on 28th of October
β’ STM is 11% of total generation, and there is significant increase in STM
β’ Introduction of LDC, increase distribution from 50 to 75% market
β’ REC volume: Trading can happen on 28th of October
β’ STM is 11% of total generation, and there is significant increase in STM
β’ Introduction of LDC, increase distribution from 50 to 75% market
β’ DISCOM short term open action notification: Will be effective from 1st of November.
β’ NTPC participation is given entire power to states, hence they would be to RTM.
β’ NTPC participation is given entire power to states, hence they would be to RTM.
β’ Open Access volume: Increase in volume (almost around 40%), This was due to low clearing price (2.3 RS) which was (2.15 RS).
β’ In Green Turbine , customer buy Electricity and IT application. Purchase and production at same time, In REC there is only production of electricity
β’ In Green Turbine , customer buy Electricity and IT application. Purchase and production at same time, In REC there is only production of electricity
β’ Ambit: dispatched to fulfill full demand but it is complex process. It remains Difficult to implement in country, hence this will take time to implement in India
β’ Market coupling: Difficult to see regulators for coupling the market, while Ambit remains big opportunity for co
β’ Market coupling: Difficult to see regulators for coupling the market, while Ambit remains big opportunity for co
In short term 10% market: As long term is not happening so there is shift in demand to STM
β’No incremental demand in stm in last 2 years
β’ Old plants will be replaced by govt. New plants will supply power
β’ Cross border transaction will issue soon, and will drive volume in STM
β’No incremental demand in stm in last 2 years
β’ Old plants will be replaced by govt. New plants will supply power
β’ Cross border transaction will issue soon, and will drive volume in STM
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
