The Time of Day (ToD) tariff represents a forward-thinking approach to electricity pricing, aimed at optimizing energy consumption by encouraging users to shift their demand from peak to off-peak hours. This tariff structure is not only a tool for improving the efficiency of electricity usage but also a key element in enhancing the resilience of the power grid. As India continues to advance in its energy goals, the ToD tariff is becoming increasingly relevant, particularly in the context of integrating renewable energy sources and aligning with national tariff policies.

“Transition away from fossil fuels”, COP-28’s biggest achievement has been to bring nations to this consensus in its declaration. (PAC) With the economic development of the two Asian giants, China and India, energy demand has reached unprecedented levels. In 2021, fossil fuels continued to be the dominant resource of energy supplied (80%), with oil at 30% followed by coal and natural gas at 27% and 24% respectively.