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CERC Allows Hydropower Contracts in Green Term-Ahead Market on HPX

The Central Electricity Regulatory Commission (CERC) has approved Hindustan Power Exchange’s (HPX) plea for the introduction of hydropower contracts in the Green...

January 3, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Open Access Solar Installations Up 97% YoY in 1H 2022, with 1.3 GW of New Capacity Additions

India added 1.3 GW of new open access solar capacity in the first half (1H) of the calendar year (CY) 2022, registering a growth of 97% compared to 638 MW installed in...

September 1, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Ministry Mulls Introducing High Price Day-Ahead Market in Power Exchanges

The Ministry of Power (MoP) has proposed the introduction of a high price market segment for the day ahead market (HPDAM). The stakeholders have time until August 21,...

August 4, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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Renewable Energy Trading on IEX Declines by 16.5% MoM in June

The Indian Energy Exchange (IEX) traded 536 million units (MU) of renewable energy in June 2022, a 16.5% decrease month-over-month (MoM) compared to 642 MU traded in the...

July 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Open Access Solar Installations Rise by 58% QoQ to 513 MW in Q1 2022

India added 513 MW of new open access solar capacity in the first quarter (Q1) of the calendar year (CY) 2022, registering a growth of 58% quarter-over-quarter (QoQ),...

June 8, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Renewable Energy Trading Up by 91% MoM at IEX in May 2022

The Indian Energy Exchange (IEX) traded 642 million units (MU) of renewable energy in May 2022, a 91% month-over-month (MoM) increase compared to 336 MU traded in the...

June 7, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Trading Down by 14% MoM at IEX in April 2022

The Indian Energy Exchange (IEX) traded 336 million units (MU) of renewable energy in April 2022, a 14% month-over-month (MoM) decrease compared to 392 MU traded in the...

May 5, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Trading at IEX Grew by 517% YoY in FY 2021-22

In the financial year (FY) 2021-2022, the Indian Energy Exchange (IEX) traded 4,854 million units (MU) of renewable energy, a 517% year-over-year (YoY) growth. The...

April 6, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Green Day Ahead Market is Facilitating Electricity Purchase on a Day-Ahead Basis

The Indian Energy Exchange (IEX) and the Power Exchange India (PXIL) introduced the Green Day Ahead Market (GDAM) in October 2021, a market segment that enables...

March 28, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Trading Up by 61% MoM to 453 MU at IEX in February 2022

The Indian Energy Exchange (IEX) traded 453 million units (MU) of renewable energy in February 2022, a 61% month-over-month (MoM) increase compared to 280 MU traded in...

March 4, 2022

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Arjun Joshi

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Other

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Renewable Energy
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CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market

The Central Electricity Regulatory Commission (CERC) has approved the introduction of hydropower in the Green Term-Ahead Market (GTAM) following a petition by the Indian...

March 2, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Renewable Energy Trading Declined by 23% MoM to 280 MU at IEX in January 2022

The Indian Energy Exchange (IEX) traded 280 million units (MU) of renewable energy in January 2022, a 23.28% month-over-month (MoM) decline compared to 365 MU traded in...

February 22, 2022

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Harsh Shukla

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Other

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Renewable Energy
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Uttar Pradesh Sold the Highest Amount of Electricity in Day-Ahead Market in Q2 2021

Uttar Pradesh sold the highest amount of power in the day-ahead market (DAM) in the second quarter (Q2) of 2021, accounting for 13.9% of all power sold in the quarter,...

January 7, 2022

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Harsh Shukla

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Mercom Research Focus

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Other
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Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

The Indian Energy Exchange (IEX) traded 365 million units (MU) of renewable energy in December 2021, a 20.13% month-over-month (MoM) decline compared to 457 MU in...

January 5, 2022

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Harsh Shukla

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Other

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Renewable Energy
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IEX’s Green Market Trades 457 MU of Renewable Energy in November 2021

The Indian Energy Exchange (IEX) traded 457 million units (MU) of renewable energy in November 2021, a 23% month-over-month (MoM) increase compared to 372.4 MU in...

December 7, 2021

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Harsh Shukla

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Other

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Renewable Energy

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