Latest news with #DAM
Yahoo
4 days ago
- Business
- Yahoo
Merchant BESS in India becomes profitable: Ember report
In a landmark development for India's power sector, merchant battery energy storage systems (BESS) have achieved profitability for the first time in 2024, according to a recent report by energy think tank Ember. This significant shift is attributed to the steep decline in battery costs and the ability to earn higher revenues from the increasingly volatile power markets. According to the report, battery costs have dropped by approximately 80% in the past decade, reaching Rs1.7m ($19,375.1) per megawatt-hour (MWh) in 2025, down from Rs7.9m/MWh in 2015. Concurrently, potential revenues from market participation have surged fivefold to Rs2.4m/MWh in 2025 from Rs0.5m/MWh in 2015. This has led to merchant BESS revenues exceeding costs in 2024, establishing these storage systems as a viable electricity grid asset. The report further indicates that the day-ahead market (DAM) of power exchanges has seen peak prices hitting new highs while troughs have deepened. This increased price volatility has opened more opportunities for merchant batteries to generate value. Notably, electricity prices approached the current cap of Rs10 per kilowatt-hour (kWh) in one out of every six hours from 2022 to 2024. Additionally, average midday power prices during the summer months dropped nearly 20% from 2022 to 2024, with prices occasionally falling to nearly zero. Ember's report models various scenarios for power price movements on the exchanges, predicting that by participating in DAM alone, merchant BESS investments could yield an internal rate of return of up to 17% from an investment made in 2025. According to the report, revenue can be further increased by participating in the ancillary services market, which would also enhance returns. The report concludes with the assertion that as India's electricity system evolves to accommodate more variable renewable energy, the investment case for battery storage strengthens. Furthermore, India has already achieved a significant milestone in its clean energy transition by attaining 50% of its installed electricity capacity from non-fossil fuel sources in 2025, surpassing its Paris Agreement 2030 target five years ahead of schedule. In the first half of 2025, India witnessed the fastest growth in renewable power output since 2022 while coal-fired generation saw a decline of nearly 3%, as per a Reuters report. Despite these advances, fossil fuels still accounted for more than two-thirds of the total power generation increase in 2024. "Merchant BESS in India becomes profitable: Ember report" was originally created and published by Energy Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
GMA Network
5 days ago
- Entertainment
- GMA Network
SB19 to release physical CD of 'Simula at Wakas' EP in Japan
For the first time in SB19's history, the P-pop group is releasing a physical CD of their "Simula at Wakas" EP in Japan! The P-pop kings announced the good news in a video posted by Sony Music Japan on X (formerly Twitter), saying that Japan Japan-exclusive CD will be coming out this September. "'Simula at Wakas' is about a journey of making everything into a period. As humans, we were taught that we must find our purpose and in the process, we tend to seek three things and those three things are knowledge, immortality, and legacy," they said in the video. "Don't miss this overture and the last installment of Ikalawang Yugto! Arigato gozaimasu (thank you)," they added. SB19 dropped their "Simula at Wakas" EP in April. It includes the songs "DAM" and "DUNGKA!" In May, SB19 held a two-day concert at the Philippine Arena to kick off their world tour with the same name. SB19 is composed of Pablo, Josh, Stell, Ken, and Justin. Among their popular songs include "MAPA" and "GENTO." —Jade Veronique Yap/MGP, GMA Integrated News
Yahoo
5 days ago
- Business
- Yahoo
Sustainability and Flexibility - Key Differentiators in the DAM Platform Market of Tomorrow
Discover how a scalable, intelligent digital asset management (DAM) platform is vital in transforming digital assets from cost centers to growth engines. Explore the top vendors identified and learn about the five key forces reshaping the market landscape. Dublin, Aug. 06, 2025 (GLOBE NEWSWIRE) -- The "Digital Asset Management Platforms, 2025: A Frost RadarT Report" report has been added to are drowning in a sea of rich media - 4K video, generative artificial intelligence images, 3D models, augmented reality/virtual reality objects, and ever-growing libraries of brand assets. Without a modern content backbone, marketing and product teams spend a lot of time simply searching for, recreating, or reformatting files, while customers demand hyper-personalized experiences in real time. The cost is measured in slower campaign velocity, fractured brand consistency, and missed revenue. A scalable, intelligent digital asset management (DAM) platform has, therefore, become mission-critical, transforming digital assets from cost centers into growth Frost Radar for DAM platforms zeroes in on the vendors best positioned to solve the industry's most urgent challenge: turning an unwieldy flood of digital content into an AI-powered, governed, and highly integrated growth engine. Readers should care because the commercial stakes are rising fast: enterprises that modernize their DAM stack will launch campaigns quicker, deliver richer experiences, and safeguard brand trust, while those that hesitate will fall behind on revenue and compliance in an AI-accelerated forces are reshaping the market Generative and descriptive AI everywhere: Automated tagging, vector search, and on-the-fly content generation are moving from pilots to production, slashing manual effort while raising questions of AI governance, copyright, and provenance. Composable, API-first architectures: Buyers insist on MACH-aligned solutions that slot into product information management, content management system, and customer data platform stacks without vendor lock-in. Providers that cannot expose every function are rapidly losing ground. Content authenticity and security: Deepfake anxiety, the European Union AI Act, and the Coalition for Content Provenance and Authenticity (C2PA) standards are forcing vendors to embed rights management, watermarking, and chain-of-custody metadata as core. Omnichannel velocity: Real-time localization, shoppable video, and headless commerce demand instant asset transformation and edge delivery, turning DAM from a library into a live content engine. Sustainability and cost control: Cloud footprints and GPU-hungry AI models face CEO-level scrutiny. Efficient storage tiers, edge caching, and greener data centers are quickly becoming differentiators. Companies to Action Acquia Adobe Aprimo Bynder Canto CELUM Cloudinary Fotoware Hyland MediaValet OpenText Orange Logic Sitecore Smartsheet Storyteq Best Practices & Growth Opportunities Best Practices Growth Opportunities For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
GMA Network
6 days ago
- Entertainment
- GMA Network
Sarah Geronimo and SB19's 'Umaaligid' is on Billboard's World Digital Song Sales Chart
Sarah Geronimo and SB19 have charted anew. The Filipino pop icons' latest collaboration, 'Umaaligid,' has debuted on Billboard's World Digital Song Sales Chart at No. 4, Billboard Philippines reported on Tuesday. According to the publication, 'This chart-breaking achievement from both Geronimo and SB19 was achieved with only two days of tracking on the chart, given that it was only released last Wednesday, on July 30, 2025.' The Billboard World Digital Song Sales Chart highlights 10 of the top-selling international tracks in the US every week, based on digital download data. This isn't SB19 and Sarah G's first time on the charts. This year, SB19's single 'DAM' debuted at number one and 'DUNGKA!' was number seven on the Billboard World Digital Song Sales. 'Gento' meanwhile also debuted and peaked at No. 8 in June 2023. SB19 is officially the OPM artist with the most chart entries, according to Billboard. In 2024, SB19 received the Voices of Asia award at Billboard Korea's Billboard K Power 100 event in Seoul, South Korea. Meanwhile, 'Umaaligid' is Sarah's second entry on the World Digital Song Sales chart, following 'Tala' in 2020 at number 13. In 2024, the Popstar Royalty became the first Filipina to win the Billboard Global Force Award. Read Billboard Philippines' report here. — Nika Roque/LA, GMA Integrated News
The Hindu
02-08-2025
- Business
- The Hindu
'Market coupling in DAM segment of power exchanges may have little benefit'
The Central Electricity Regulatory Commission's (CERC) proposed implementation of market coupling in Day Ahead Market (DAM) segment of power exchanges from January 2026 may have little benefit for the power sector and is contrary to the findings of the pilot study conducted by Grid Controller of India, according to industry officials and analysts. They said the marginal improvements do not offer a 'compelling rationale' for implementing market coupling on a full scale, particularly in the absence of a detailed 'robustness and sensitivity' analysis. They added that even the January 2026 timeline for implementation would be challenging. 'The results of the shadow pilot conducted by Grid-India released in July 2025 do not indicate any significant benefits from market coupling. This is in line with the earlier CERC order dated 6th February 2024,' said an industry official 'In the DAM segment, overall welfare increased by a negligible 0.3%, and overall volume cleared increased by only 0.2%. Similarly, in the Real-Time Market (RTM) segment, both overall welfare increase and increase in volume cleared saw an insignificant gain of 0.01%,' the official said. Further, the increase of social welfare by ₹38 crore in case of DAM coupling doesn't mean that there will be saving of ₹38 crore, the official said. 'Savings will be miniscule, if at all. The reported increase in social welfare of ₹38 crore in DAM is theoretical, used for algorithmic modelling, and does not imply actual consumer savings,' the official added. 'Introducing central market coupling mechanism risks adding complexity, delaying market operations, and duplicating functions, without resolving core challenges such as market liquidity, deepening of participation, or improving investor confidence,' the official said. According to industry officials while the idea has been presented as 'market coupling', the proposed design more closely resembles 'exchange coupling' with no precedence globally. They pointed out that while Grid-India had submitted a detailed report to CERC, the Commission's order does not adequately reflect the comprehensive findings of that report. For ensuring transparency and stakeholder confidence, the complete Grid-India report should be made publicly available to facilitate informed discussions and independent assessments of the recommendations, they emphasised. According to a report by JM Financial the benefits of market coupling are negligible. 'A shadow pilot study by Grid-India revealed that DAM coupling resulted in an overall welfare gain of just 0.3% in price and 0.2% in volume. The volume of electricity that could not be cleared as % to unconstrained cleared volume was just 0.10% in FY24,' JM Financial analysts said in the report. 'Anticipated benefits (price, volume, transmission) of market coupling are not explicitly evident in the Indian context,' they said. According to them the implementation of power market coupling requires upgrading and integration of software, modification in infrastructure for compatibility, formation of data sharing protocol as well as consensus on financial settlement mechanism. 'We believe the January 2026 target for implementation of coupling is very ambitious, and implementation will not be possible before December 2027,' they said in the report. 'If applied elsewhere, this approach would imply merging competitive platforms like NSE and BSE or even Jio and Airtel — contradicting the principles of open markets. This will effectively kill innovation, service excellence and the incentive to launch new products,' said Ashish Kapur, CEO, Invest Shoppe, a boutique financial firm offering wealth management solutions.
