Energy Analytics Lab (EAL), IIT Kanpur

What Energy Analytics Lab (EAL), IIT Kanpur does

Energy Analytics Lab (EAL) is a non-profit research laboratory operating within the Department of Management Sciences at IIT Kanpur, India. Founded in 2017–2018 by Prof. Anoop Singh, who also founded the affiliated Centre for Energy Regulation (CER), EAL provides data analytics, regulatory research, and capacity building services for the Indian power sector. Its primary audience comprises state and central electricity regulatory commissions (SERCs, CERC), the Forum of Regulators (FOR), distribution utilities (discoms), power exchanges (notably IEX), and government policy bodies including the Ministry of Power and CEA. The lab is supported institutionally by IIT Kanpur and operates with a team of approximately six.

EAL's core technical offering is a data analytics platform comprising interconnected dashboards: a System Dashboard with regional and state-level load profiles (NR, WR, SR, ER, NER), a Market Dashboard tracking Day Ahead Market (DAM) and Real Time Market (RTM) prices in ₹/MWh and volumes, a Balance Dashboard showing state-level energy surplus/shortage, a Resource Dashboard with an India Power Map and coal availability data, and specialized analytical views including COVID-19 impact, DEEP Data Analysis, and Load Duration Curve visualization. These dashboards draw on data from POSOCO/NLDC and power exchange feeds. The lab also publishes the Power Chronicle quarterly periodical (ISSN 2583-2409), now in its eighth volume since October 2018, and offers an Android mobile application plus downloadable system load profile data (initially Punjab). Technical collaboration is maintained with POSOCO, IEX, and Load Despatch Centres.

EAL's revenue model centers on Regulatory Certification Programs (RCP) — fee-based, multi-week professional courses on renewable energy economics, policy and regulation, and power market economics — delivered in coordination with CER. Data dashboards and the Power Chronicle are distributed as freely accessible resources (with registration). Strategic partnerships span IEX (co-organized training programs), CER (sister organization), the Forum of Regulators (formal policy input), POSOCO (data collaboration), and Regional/State Load Despatch Centres (capacity building). Pricing is not publicly disclosed and there is no commercial sales motion; engagement with regulators and policy bodies is conducted on a research and advisory basis.

Name

Energy Analytics Lab (EAL), IIT Kanpur

Legal name

Energy Analytics Lab (EAL)

Website

https://eal.iitk.ac.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Energy Analytics Lab (EAL) is a research laboratory at IIT Kanpur providing power-sector data dashboards (system load, DAM/RTM, balance, resources), the quarterly Power Chronicle periodical, and Regulatory Certification Programs for Indian regulators, discoms, power exchanges, and policymakers.

Ownership category

akta.pro rank

Product category

Power Sector Data Analytics

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Electric Power Generation, Transmission and Distribution (2211), Regulation and Administration of Communications, Electric, Gas, and Other Utilities (92613)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Forecasting & AI Optimization for Flexibility (Load/Price/Renewables/SoC) (EUAFAKAH)

Keywords

• Power sector analytics
• Electricity market dashboards
• Regulatory research
• Power system data
• Energy policy research

Headquarters

HQ city

Kanpur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Regulatory Certification Programs: EAL and CER conduct certification programs on power sector regulation, renewable energy, and power market economics. These programs generate revenue through participant registration fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

EAL operates a data analytics platform for the Indian power sector, offering real-time and historical dashboards (System, Market, Balance, Resource, COVID-19, DEEP, Load Duration Curve) and publishes the Power Chronicle quarterly periodical covering power market, system operation, policy, and regulatory developments. The lab also delivers Regulatory Certification Programs on renewable energy and power market economics in collaboration with the Centre for Energy Regulation (CER).

Product overview

Energy Analytics Lab (EAL) at IIT Kanpur operates a data analytics platform for the Indian power sector, offering multiple interconnected dashboards for monitoring power system operations, market dynamics, and resource availability. The core offering consists of System Dashboard (regional/state level), Market Dashboard (DAM/RTM prices and volumes), Balance Dashboard (energy surplus/shortage), Resource Dashboard (power map, coal data), and specialized analytical tools including COVID-19 impact analysis, DEEP data analysis, and Load Duration Curve visualization. The platform also publishes the Power Chronicle, a quarterly periodical on power sector policy and regulation. Data products include downloadable System Load Profiles, with additional offerings through the EAL Android mobile application. Educational programs on renewable energy and power market regulation are delivered through affiliated Centre for Energy Regulation (CER).

Differentiator

Problem solved

Functional benefit

Brands

• Power Chronicle: A quarterly periodical published by EAL covering Power Market, System Operation, Policy, and Regulatory developments in the Indian power sector, accompanied by analysis based on operational data. ISSN: 2583-2409 (O).

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Indian Energy Exchange (IEX)coreStrategic or Co-development Partner · 25 July 2019EAL partnered with IEX to organize the IEX-IITK Program 2019, a three-day residential course on 'Emerging Trends in the Indian Power Sector: Market Design and Digitalization'. The program featured industry experts from IEX covering topics including power exchange regulation, derivatives, and market design.
• Centre for Energy Regulation (CER), IIT KanpurcoreStrategic or Co-development PartnerEAL and CER operate as closely linked entities at IIT Kanpur. CER focuses on energy regulation research while EAL provides data analytics. Both collaborate on certification programs, research publications including Power Chronicle, and stakeholder workshops.
• Forum of Regulators (FOR)coreStrategic or Co-development PartnerEAL provided formal input to FOR on 'Return on Equity and, LTDF and Power Procurement Planning' on December 7, 2020. This engagement demonstrates EAL's role in informing regulatory policy at the national level.
• Power System Operation Corporation (POSOCO)coreStrategic or Co-development PartnerEAL maintains technical collaboration with POSOCO for power system data and analysis. The lab's dashboards and SCED analysis reference POSOCO/NLDC data, and EAL has provided analysis and commentary on POSOCO guidelines and procedures.
• Load Despatch Centres (Regional and State)minorStrategic or Co-development PartnerEAL organizes Capacity Building Programmes for Load Despatch Centres, including a 2nd Capacity Building Programme for Load Despatch Centres on 'Regulatory and Policy Framework in the Indian Power Sector: Load Despatchers Perspective' scheduled July 24-26, 2025 at IIT Kanpur.

Scale indicators1 record

Recent moves6 records

Expansion highlights6 records

Direct peers

• JMK Research & Analytics: India-focused energy research and analytics firm producing data-driven reports for utilities, regulators, and developers. Closely comparable scale and Indian power-sector analytical remit to EAL.
• Bridge to India: Independent Indian energy market intelligence firm providing data and analysis across power generation, renewables, and markets. Comparable in offering market intelligence to the same stakeholder set.
• Institute for Energy Economics and Financial Analysis (IEEFA): Independent energy finance and policy research organization producing data-driven analysis on power markets, utilities, and the energy transition. Comparable mission of informing regulators and investors through research.
• Centre for Energy Regulation (CER), IIT Kanpur: Co-located at IIT Kanpur, founded by the same Prof. Anoop Singh, and shares the Power Chronicle editorial platform, certification programs, and stakeholder events. Operationally intertwined sister lab on energy regulation research.
• Council on Energy, Environment and Water (CEEW): India's leading policy-focused energy think tank producing data-driven research for regulators, discoms, and ministries. Targets the same EAL stakeholders with deeper resourcing and broader energy-environment scope.
• Ember: Independent energy-data think tank providing real-time, country-level power-sector analytics to drive the clean energy transition. Mirrors EAL's data-led approach to power-market transparency.
• National Institute of Public Finance and Policy (NIPFP): Academic policy research institute covering utility regulation, tariff economics, and public finance - directly overlapping with EAL's regulatory economics and discom-focused work.

Broad incumbents

• The Energy and Resources Institute (TERI): Large, established Indian energy research institution with deep government ties and analytics across power, renewables, and climate. Overlaps with EAL on power-sector regulatory research and capacity building.
• BloombergNEF: Global energy research and analytics powerhouse covering generation, markets, and policy at scale. Competes with EAL for the attention of Indian discoms, regulators, and policymakers but with vastly broader scope.
• S&P Global Commodity Insights (Platts): Global commercial energy information services provider covering power markets, including India. Competes with EAL on market data and price transparency for power sector stakeholders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/eal_iitk
• LinkedInlinkedin.com/company/eal-iitk

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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