Proceedings of the 2nd International Conference on Sustainability and Equity (ICSE-2021)

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Designing Power Optimization Strategy for Sustainable Operations of Distribution Companies in Rajasthan

Authors
Amit Kumar Sharma1, *, Dipti Sharma2
1Research Scholar, Department of Humanities and Social Sciences, Malaviya National Institute of Technology, Jaipur (Rajasthan, India), Email Id:2016rhs9014@mnit.ac.in
2Associate Professor, Department of Humanities and Social Sciences, Malaviya National Institute of Technology, Jaipur (Rajasthan, India), Email Id:dsharma.hum@mnit.ac.in
*Corresponding Author: 2016rhs9014@mnit.ac.in
Corresponding Author
Amit Kumar Sharma
Available Online 18 January 2022.
DOI
10.2991/ahsseh.k.220105.003How to use a DOI?
Keywords
Short term power market; Sustainability; Discoms; Peak Demand
Abstract

The Indian power sector is undergoing a structural change through a series of reforms initiated during the last two decades. The Electricity Act, 2003 have transformed the way the power utilities operate in India. The majority of reforms have stressed upon the measures for improvement of the finances of the power distribution companies (Discoms), however with little success. The stressed finances have impacted the sustainable operations of the distribution utilities. Among all the distribution companies in India, the Discoms of Rajasthan were the worst performers as per the 5thAnnual Integrated Rating Report, 2017. One of the major reason of this has been the high power purchase cost. The present study aims to design a strategy to reduce the cost of power purchase through participation in the short term power market. The reduction in the power purchase cost will pave way for sustainable operations of Discoms in Rajasthan. This paper attempts to build scenarios of power being procured from long term and short term power purchase agreements (PPAs) which are compared and analysed. The findings reveal that increase in the proportion of power procured from the short term power market can decrease the financial losses of the Discoms in Rajasthan and will address the sustainability issue of the distribution utilities. The study concludes that the power purchased from the long term sources is costly as compared to the short term power sources. The key recommendation from this study to policy makers is to increase participation in the short term market in India, which will reduce the overall power purchase cost. The limitation of the study is that all the scenarios are created by using the current data trends. Any irregular trend in the data in future period may alter the results.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2nd International Conference on Sustainability and Equity (ICSE-2021)
Series
Atlantis Highlights in Social Sciences, Education and Humanities
Publication Date
18 January 2022
ISBN
10.2991/ahsseh.k.220105.003
ISSN
2667-128X
DOI
10.2991/ahsseh.k.220105.003How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

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TY  - CONF
AU  - Amit Kumar Sharma
AU  - Dipti Sharma
PY  - 2022
DA  - 2022/01/18
TI  - Designing Power Optimization Strategy for Sustainable Operations of Distribution Companies in Rajasthan
BT  - Proceedings of the 2nd International Conference on Sustainability and Equity (ICSE-2021)
PB  - Atlantis Press
SP  - 23
EP  - 29
SN  - 2667-128X
UR  - https://doi.org/10.2991/ahsseh.k.220105.003
DO  - 10.2991/ahsseh.k.220105.003
ID  - Sharma2022
ER  -