Barring renewable energy, power sector still feels the shock

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Published: July 6, 2020 5:45 AM

There has also been a moderation in the prices for short-term purchase from power exchanges.

There has also been a moderation in the prices for short-term purchase from power exchanges.

Power demand and generation fell to 5-year lows during April-May’20 – however, the output of renewable energy increased by 5.2% y-o-y during Apr-May’20.

Although demand rose by 20% in May’20 from the lows of April’20, it is still significantly below seasonal demand. There has also been a moderation in the prices for short-term purchase from power exchanges.

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