{"id":458759,"date":"2021-12-28T10:28:31","date_gmt":"2021-12-28T04:58:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=458759"},"modified":"2021-12-28T11:55:29","modified_gmt":"2021-12-28T06:25:29","slug":"indias-renewables-boom-set-to-lift-power-exchange-spot-trading-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-renewables-boom-set-to-lift-power-exchange-spot-trading-2\/","title":{"rendered":"India\u2019s renewables boom set to lift power exchange spot trading"},"content":{"rendered":"<p>A surge in renewable energy in India is set to massively increase spot power trading, according to the country\u2019s largest electricity bourse.<\/p>\n<p>Buyers will increasingly turn away from traditional long-term contracts in favor of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange NSE 1.25 % Ltd. More than a quarter of the nation\u2019s electricity could be purchased through spot deals within a couple years, quadruple the current level. <\/p>\n<p>Coal dominates Indian power generation but that is changing, with renewables accounting for more than 80% of new capacity last year, according to BloombergNEF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A surge in renewable energy in India is set to massively increase spot power trading, according to the country\u2019s largest electricity bourse. Buyers will increasingly turn away from traditional long-term contracts in favor of cheaper renewable energy, said Rohit Bajaj, head of business development at Indian Energy Exchange NSE 1.25 % Ltd. More than a quarter of the nation\u2019s electricity could be purchased through spot deals within a couple years, quadruple the current level. Coal dominates Indian power generation but that is changing, with renewables accounting for more than 80% of new capacity last year, according to BloombergNEF.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-458759","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=458759"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/458759\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=458759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=458759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=458759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}