Advances in key technologies of spot bidding for the Indian hydropower industry

Abstract

This paper comprehensively explores the recent advancements in spot bidding technologies within the Indian hydropower sector. It scrutinizes the transformative impact of technological innovations such as digital platforms, real-time data analytics, machine learning algorithms, and blockchain integration on spot bidding mechanisms. Examining their role in pricing, market dynamics, operational efficiency, and sustainability in India's hydropower industry, this research illuminates the pivotal role of advanced technologies in reshaping the energy landscape.