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IPS Reports

Cross-Border Electricity Trading in South Asia, Myanmar, and Southeast Asia - 2017

The South Asian economy continues its optimistic growth trend projected at 6.8% in 2017 and an average growth of 7.2% in 2018-2019 which is likely to increase the power demand of the region in the coming years (World Bank, 2017).

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Power Quarterly Deals Analysis: M&A

The power industry registered an increase in the number of deals and in deal value in Q3 2017. The market registered 795 deals worth US$161.9 billion in Q3 2017, as compared to 688 deals worth US$120.2 billion in Q2 2017.

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Power Market Status and Trends – Q2 2017

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Energy Solution for Cities

The growing trend of urbanization has led to new challenges for urban planners. Urban population, which is presently half of the world’s total population, is projected to increase its share to two-thirds of the total population by 2030. This population is responsible for around 65% of the energy consumption and 70% of the energy related CO2emissions, presently. With sustainability becoming an important issue for energy consumption, it assumes specific importance, as far as cities are concerned. Realizing this, various countries have embarked on specific initiatives to tackle this issue and implement innovative energy solutions in cities.

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Europe – Thermal Market in Transition

EU countries vouch for greater renewables, low cost power and stringent coal emissionnorms.

The European Union (EU) has embarked on a plan to reduce greenhouse gas (GHG) emissions, as part of which ithas worked out time-bound strategies ranging from short-term (up to 2020) to medium-term (up to 2030) to longterm(up to 2050).

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Solar Tariffs in India – Are We at the Bottom Yet?

Falling Solar Tariffs in India in the Past Few Years

Solar power generation costs in India witnessed a steep dip in a matter of just six months, from the November 2016 low of INR4.34 ($0.066) per unit to INR2.44 ($0.038) per unit during the latest auction of the 500 megawatt (MW) Bhadla solar park in Rajasthan, carried out by Solar Energy Corporation of India Limited (SECI). In the auction results announced on May 11–12, 2017, Acme held the top spot with a quote of INR2.44 for 200 MW, followed by SBG Cleantech’s bid of INR2.45 for 300 MW.

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Spain’s Second Renewable Energy Auction 2017

Spanish Wind Power Back in Action with Record Low Prices

Wind power projects in Spain won a major share of 2,980 Megawatts (MW) in the recently held auction on May 17for generating the country’s 3 Gigawatts (GW) of renewable energy capacity. Solar photovoltaic (PV) installationsand other technologies occupied the remaining shares of 1 MW and 20 MW, respectively. The auction led tocontracts for €43/MWh ($48/MWh), the maximum discount rate granted under the Spanish tendering process, and record low prices in the European onshore wind power tender.

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The Aftermath of Donald Trump’s Withdrawal from the Paris Climate Agreement

Implications for Global Climate Change Initiatives

In a major blow to global efforts dealing with climate change, on June 1, 2017, US President Donald Trump announced the country’s pullout from the landmark Paris climate agreement. The decision has isolated the country on the world climate scene, placing it in the league of Syria and Nicaragua, the only other nations that are non-members of the Paris agreement.

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