The evolution of power market structures: Strategic approaches for the Indian electricity market
電力市場構造の進化：インド電力市場への戦略的アプローチ (AI 翻訳)
Anusree Thattiyot, Rashmi Mogenahalli Ranganath, Ila Rai, Hoong Pin Lee
🤖 gxceed AI 要約
日本語
本論文は、インドの電力市場の進化に焦点を当て、再エネ統合と競争促進のための戦略を分析する。2030年までに450GWの再エネ目標を背景に、短期市場モデルの重要性を指摘し、5つの投資戦略を評価。ハイブリッドアプローチとブロックチェーン活用の短期取引を提案し、持続可能な電力転換への示唆を提供する。
English
This paper examines the evolution of India's power market, focusing on renewable energy integration and competitive dynamics. It identifies a gap in short-term market models, evaluates five investment strategies (including flexible PPAs), and proposes a hybrid approach combining long-term PPAs with short-term markets, leveraging blockchain smart contracts. The study offers insights for India's 450 GW renewable target by 2030.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドの電力市場改革は、日本の再エネ導入や市場設計にも示唆を与える。特に、短期市場と長期契約のハイブリッドモデルやブロックチェーン活用は、日本の次世代電力システム構築において参考となる。
In the global GX context
India's power market evolution offers a case study for emerging economies integrating renewables. The hybrid market model and blockchain applications are globally relevant for enabling flexible and decentralized energy trading, contributing to the discourse on market design for decarbonization.
👥 読者別の含意
🔬研究者:Energy market researchers can learn from India's evaluation of investment strategies and short-term market models for renewable integration.
🏢実務担当者:Utilities and renewable developers can explore the hybrid PPA and blockchain-based trading approaches for portfolio optimization.
🏛政策担当者:Regulators can consider India's market reforms and competition enhancement strategies (e.g., HHI analysis) for designing renewable-friendly power markets.
📄 Abstract（原文）
This paper explores strategies for India’s evolving power market, focusing on the renewable energy integration and competitive dynamics introduced by the Electricity Act 2023. With India targeting 450 GW of renewable energy by 2030, it identifies a critical gap in short-term power market models vital for optimizing portfolios and managing fluctuations. The study evaluates five major investment strategies: conventional flexible Power Purchase Agreement (PPA), tariff pass-through approach, contract for difference, physical hedge, and renewable energy generator flexible PPA, using mean and standard deviation for present value and net present value. Findings reveal significant variability in flexible PPAs, underscoring the importance of short-term trading models to enhance adaptability. To address market power, the study evaluates the Herfindahl-Hirschman Index and implements improvement strategies, including adding distributed generation, regulatory oversight, and regional expansion. These approaches aim to enhance competition and diversification in the energy market. The paper proposes a hybrid approach combining long-term PPAs for base loads with short-term markets, leveraging transactive energy facilitated by blockchain-enabled smart contracts for efficient procurement and management. By reviewing policies, power exchanges, and literature, the study provides actionable insights into regulatory reforms, advanced trading mechanisms, and decentralized market architectures, emphasizing short-term markets as crucial for India’s sustainable power transition and enhanced competition.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.18686/cest474first seen 2026-05-18 04:36:36 · last seen 2026-05-20 04:51:53
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