IIT Kanpur's Centre for Energy Regulation Hosts Discussion on Power Market Derivatives

The Centre for Energy Regulation (CER) at IIT Kanpur conducted a workshop for stakeholders 'Developing Power Market Derivatives for the Indian Power Sector'. This workshop aimed to tackle the changing dynamics within the nation's power sector. Know details here 

IIT Kanpur: The Indian Institute of Technology (IIT Kanpur)'s Centre for Energy Regulation (CER) hosted a workshop for stakeholders on "Developing power market derivatives for the Indian power sector." This event aimed at addressing the shifting dynamics within the country's power sector and took place at the India Habitat Centre in New Delhi.

During the workshop, participants discussed innovative approaches and devised strategies to mitigate risks, particularly in light of the increasing contribution of renewable energy sources and the volatility of the market. 

The event included two enlightening panel discussions and conversations among respected industry experts. The initial panel, which consisted of members from the Central Electricity Authority, PTC India Ltd, Indian Energy Exchange, and EY Parthenon, delved into the topic "Identifying Risks and Hedging Avenues in the Indian Power Market: Role of Derivatives." 

The second panel was attended by panellists from the Punjab State Electricity Regulatory Commission, Central Electricity Regulatory Commission, Grid India, Securities and Exchange Board of India, and The Lantau Group offered valuable insights and perspectives on this critical aspect.

Anoop Singh, professor at the management sciences department, IIT Kanpur, presented the outcomes of an ongoing study conducted by CER in collaboration with the Shakti Sustainable Energy Foundation. He shared insights into derivative product design, regulatory frameworks and policy implications vital for successful implementation of power market derivatives in the country. 

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