{"id":4244,"date":"2024-06-14T00:25:01","date_gmt":"2024-06-14T00:25:01","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=4244"},"modified":"2024-06-14T00:25:01","modified_gmt":"2024-06-14T00:25:01","slug":"power-minister-launches-green-day-ahead-market","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/power-minister-launches-green-day-ahead-market\/","title":{"rendered":"Power Minister Launches Green Day Ahead Market"},"content":{"rendered":"<p>Power Minister RK Singh on 25 October launched the green day-ahead market (GDAM), In a bid to further deepen the electricity trade in India.<\/p>\n<p> <strong><u>Highlights:<\/u><\/strong><\/p>\n<p> The launch will also present competitive price signals, besides offering an opportunity to the market participants to trade in green energy in the most transparent, flexible, competitive, and efficient manner.<\/p>\n<p> The big industries can go green, and the Government would make efforts to simplify business, and GDAM is a step in that direction.<\/p>\n<p> The Centre is working to implement the Green Hydrogen Mission.<\/p>\n<p> The market-based competitive prices will provide another option to renewable generators to sell power and accelerate the renewable capacity.<\/p>\n<p> The distribution utilities would also be able to sell surplus renewable power generated in their area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power Minister RK Singh on 25 October launched the green day-ahead market (GDAM), In a bid to further deepen the electricity trade in India. Highlights: The launch will also present competitive price signals, besides offering an opportunity to the market participants to trade in green energy in the most transparent, flexible, competitive, and efficient manner. &#8230; <a title=\"Power Minister Launches Green Day Ahead Market\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/power-minister-launches-green-day-ahead-market\/\" aria-label=\"Read more about Power Minister Launches Green Day Ahead Market\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[1042],"class_list":["post-4244","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-28-10-21"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Power Minister Launches Green Day Ahead Market - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/power-minister-launches-green-day-ahead-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Power Minister Launches Green Day Ahead Market\" \/>\n<meta property=\"og:description\" content=\"Power Minister RK Singh on 25 October launched the green day-ahead market (GDAM), In a bid to further deepen the electricity trade in India. 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