RENEWCONNECT - All about renewables & power sector

Big data plays a crucial role in the power sector by providing insights that help optimize operations, improve decision-making, and enhance efficiency. Here are some ways big data is used in the power sector: Grid Management and Optimization : Smart Grids : Big data helps in real-time monitoring of the power grid, enabling better control and predictive management. This includes identifying potential faults, analyzing load patterns, and optimizing energy distribution to avoid outages and improve grid reliability. Demand Forecasting : Big data analytics allows utilities to predict power demand more accurately by analyzing historical consumption data, weather patterns, economic activities, and other variables. This helps in better load balancing and reduces the need for excess generation capacity. Predictive Maintenance : By analyzing sensor data from equipment such as turbines, transformers, and power lines, big data tools can predict when maintenance is needed, thus reducing unplanned d...

State Periphery Charges are included in the DSM, which is introduced by the Himachal Pradesh, Maharashtra, and Telangana State Electricity Regulatory Commissions in India. The term "state periphery" is defined as below: State Periphery  or ‘HP Periphery’ means, except in situations that may warrant any other treatment in specific cases, the interconnection point of the transmission system of the STU with the transmission system of the CTU; or with any other inter-state transmission system not owned by any State Entity, or with the generation bus-bar of the joint sector projects from where power is supplied to the Distribution Licensee through the STU system; [or] The periphery of the electrical power system and its components thereof under operational supervision and control area jurisdiction of SLDC (State Load Dispatch Centre) covering InSTS (Intra-State Transmission System) Source: Himachal Pradesh State Electricity Regulatory Commission (HPERC) Note: Interlinks for the a...

The renewable energy power market is a platform to buy and sell electricity generated from different renewable resources like solar, wind, hydro, biomass, geothermal, nuclear fusion, etc. These sectors involve various stakeholders like RE developers, utilities, consumers, think tanks, research-consulting, and regulatory bodies. Renewable Energy Power Markets are similar to the regular power markets, with the focus on the renewable regular grid which is gradually converting into a Renewable Energy Grid across the globe. The world "Renewable Foot Prints" is increasing day by day. But still much more to be done with the quantum of the pollution spread and timeline we have. Some of the Renewable Power Markets that support in minimization of carbon emissions with the following platforms are as follows: Renewable Energy Certificates (RECs) International RE Trade Performance Achieve Trade (PAT) Clean Development Mechanism (CDM) Scope 1, 2 and 3 Sustainable Development Goals (SDGs...