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China's Bold Move: A Revamp of Power Market Rules to Tackle Renewables Surge

China's Bold Move: A Revamp of Power Market Rules to Tackle Renewables Surge
4 months ago

In a significant shift that could reshape the future of its energy sector, China has announced a comprehensive revision of its power market regulations. This strategic overhaul aims to better manage the rapid expansion of renewable energy sources amid growing concerns about grid reliability and market equilibrium.

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India to Revamp Power Demand Forecasting for Enhanced Grid Management

India to Revamp Power Demand Forecasting for Enhanced Grid Management
7 months ago

In a significant move aimed at optimizing electricity supply and ensuring stability in its power grid, India has announced plans to overhaul its power demand forecasting framework. The initiative is part of a broader strategy to improve energy management as the country faces increasing electricity demand, fueled by rapid industrialization and urbanization.

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