Category: Non Coking
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India: Renewable energy production surges; IEX prices drop despite generation growth
Higher renewable generation softened power prices despite rising demand Heatwave-driven demand spikes exposed grid and supply vulnerabilities The first ten days of May 2026 highlight an important shift underway in India’s electricity market. While total generation continued to expand and peak demand climbed steadily, the market experienced significantly lower electricity prices. The explanation lies in…