Establishing Multilateral Power Trade in ASEAN |
International case studies |
The network codes have higher legal status than Nord Pool’s market rules and must therefore be adapted accordingly.
One important category of market participant is the balancing responsible party (BRP). A BRP is financially responsible for any imbalances created. Within Europe there are different
requirements for BRPs. Some countries require BRPs |
be balanced and others do not. |
general principles set by the balancing |
arket rules, all legal entities owning |
units connected to the grid above a threshold (set by the TSO and ational regulator), are obliged to become a BRP or have their assets BRP. The TSO sets the terms and conditions for each BRP on a case-by-
are regulated via an agreement between the BRP and the TSO.
Market overview
India is the second-most-populous country in the world, with an estimated 1.34 billion citizens in 2017. It is also the third-largest economy in the world, though low GDP per capita puts the country in the World Bank’s Lower Middle Income category
Figure 38. Overview of India, including key statistics
Capacity mix
2%
8% |
13% |
|
Hydro |
|
|||
|
Coal
20%
Renewables
Nuclear
Gas and diesel
57%
Indicator |
Value |
Population millions |
1 340 |
GDP/capita USD 000s |
1 980 |
|
|
# States, core market |
36 |
Electrification rate |
85% |
|
|
Peak demand MW |
164 000 |
Installed capacity MW |
344 000 |
|
|
Note:This map is without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.
Source: Charts and tables prepared by Delphos International. Data: Indian Ministry of Power (2018), Power Sector at a Glance;World Bank (2019a), Population, Total; World Bank (2019b), GDP per Capita (current LCU); Economist Intelligence Unit (2018), EIU India Fact Sheet.
India has a large power system dominated by coal generation and growing shares of renewables.
The Indian power grid is fully interconnected and synchronised across all states. India’s nationwide household electrification rate was 85% as of March 2018. The current government has implemented a USD 2.5 billion programme aiming to electrify every rural household by 2019; however, as of September 2018, 45% of rural villages were still undergoing the electrification process, with some states in the North and Northeast regions remaining well below the national electrification rate.
Market structure
India’s power market is fully unbundled, with separate generation, transmission and distribution entities. The market is open access for licensed entities, allowing licensed parties to compete
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