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Showing posts with the label Power

⚖️ What are called Regulatory Assets in the Power Sector?

Regulatory Assets (RAs) are deferred costs recorded by power distribution companies ( DISCOMs ) when their average cost of electricity supply (ACS) exceeds the revenue they collect (ARR) through tariffs. Instead of immediately increasing consumer tariffs to cover this gap, State Electricity Regulatory Commissions (SERCs) allow DISCOMs to recover the shortfall in the future—thus creating a regulatory asset . 🧾 How It Works (Example) Average Cost of Supply (ACS) : ₹7.20/unit Approved Tariff (ARR) : ₹7.00/unit Revenue Gap : ₹0.20/unit Units Sold : 10 billion Regulatory Asset Created : ₹2,000 crore This ₹2,000 crore becomes a regulatory asset , to be recovered later through future tariff hikes, often with interest. 📉 Why Are they Created? Non-cost reflective tariffs : Tariffs kept low for political or social reasons. Delayed subsidies : State governments delay payments for subsidized consumers. Fuel price shocks : Sudden increases in coal or gas prices. Operational ...

Mind Map: Electricity sector

Electricity is one of the largest commodity in the world, which is given high priority that are inter linked with other commodities or dependent directly or indirectly. Electricity sector mind map, elaborating on each key area to provide greater insight: Main Hub: Electricity Sector Generation Renewable Energy Sources : Solar : Photovoltaic (PV) : Rooftop solar, utility-scale solar farms. Concentrated Solar Power (CSP) : Parabolic troughs, solar power towers. Floating Solar : Solar PV systems installed on water bodies. Wind : Onshore Wind : Land-based wind turbines. Offshore Wind : Wind farms located in oceans or large water bodies. Hybrid Systems : Wind-solar combinations. Hydropower : Large Hydro : Dam-based, conventional hydropower plants. Small and Micro Hydro : Suitable for localized, small-scale generation. Pumped Hydro : Energy storage using water reservoirs. Biomass and Waste-to-Energy : Biogas : Organic waste converted to methane. Solid Biomass : Wood, agricultural residues. M...

Electricity & Power Unit Converter

Features : Electricity and Power Unit Converter Electricity and Power Unit Converter Enter Value: From: Megawatt-hour (MW*h) Kilowatt-hour (kW*h) Watts (W) Kilowatts (kW) Joules (J) To: Megawatt-hour (MW*h) Kilowatt-hour (kW*h) Watts (W) Kilowatts (kW) Joules (J) Convert Result: Categories for Units : Energy : Megawatt-hour (MW h), Kilowatt-hour (kW h), Joules (J), Watt-seconds (Ws), Calories (cal), and British Thermal Units (BTU). Power : Watts (W), Kilowatts (kW), Megawatts (MW), Horsepower (hp). Current : Amperes (A), Milliamperes (mA). Voltage : Volts (V), Millivolts (mV), Kilovolts (kV). Resistance : Ohms (Ω), Milliohms (mΩ), Kiloohms (kΩ). Two Dropdowns : From Unit : Choose the unit you want to convert from. To Unit : Choose the unit you want to convert to. Input Field : Enter...

Industrial Technology and Innovation Growth Strategy for Power Sector

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Industrial Technology and Innovation Growth Strategy for the Power Sector in India (1999-2049) Executive Summary This study explores the evolution and future prospects of the Indian power sector from 1999 to 2049, focusing on technological advancements, challenges, and strategic innovations. It identifies gaps in key areas such as process improvements in power plants, power transmission, combined heat and power (CHP) systems, and materials for high-temperature and high-pressure conditions. The study uses data analytics and flow charts to illustrate trends, and provides comprehensive references to support the analysis. 1. Evolution of the Indian Power Sector (1999-2024) 1999-2009: Initial Reforms and Growth Privatization and Regulation : Introduction of Electricity Act 2003, unbundling of state electricity boards. Capacity Addition : Significant increase in installed capacity, focus on coal-fired power plants. Technology Adoption : Gradual introduction of supercritical technolog...