power-exchange

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Green Energy Trading Takes a Hit in 2023

Renewable energy trading at the Indian Energy Exchange (IEX) in 2023 so far has seen a considerable drop compared to 2022, with the traded energy reaching its lowest in...

November 27, 2023

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Satish Shetty

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Mercom Research Focus

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Other

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Renewable Energy
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IEX’s Revenue for FY23 Dips 2% YoY to ₹4.7 Billion, Trades 97 BU

The Indian Energy Exchange (IEX) has reported a profit after tax (PAT) of ₹883 million (~$10.7 million), a slight decrease of 0.1% year-on-year (YoY) in the fourth...

May 26, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Storage Technology Breakthroughs Will Boost the Short-Term Energy Market: Interview

Hindustan Power Exchange (HPX), India’s third power exchange, was launched earlier this year to establish a platform for electricity products backed by the latest...

October 18, 2022

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Satish Shetty

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Other

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Renewable Energy
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Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

In October 2021, the power exchanges introduced the Green Day Ahead Market (GDAM), a segment that provides participants the opportunity to purchase electricity on a...

June 16, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global announced that Harsh Shah would be joining as the Chief Executive...

May 10, 2022

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Satish Shetty

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Other

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Renewable Energy
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194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

The Indian Energy Exchange (IEX) traded 194 million units (MU) of solar in May, a 149% increase compared to the 78 MU traded in April 2021. The Exchange traded 6,540 MU...

June 8, 2021

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Rahul Nair

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Other

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Renewable Energy
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Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Indian Energy Exchange (IEX) traded a record 78 MU (million units) of solar power in April, a 272% surge from the 21 MU traded in March 2021. The exchange’s real-time...

May 7, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Integrated Day Ahead Market Proposed in Exchanges for Conventional & Renewable Energy

The Ministry of Power (MoP) has decided to set up an integrated day-ahead market (DAM) at the power exchanges with separate price formation for power generated from...

April 29, 2021

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Rahul Nair

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Other

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Renewable Energy
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IEX’s Green Term-Ahead Market Trades Over 37 Million Units of Solar Power in February

The electricity market at Indian Energy Exchange (IEX) traded a volume of 6769 MU (million units) and registered a 50% year-on-year (YoY) growth in February 2021. The...

March 10, 2021

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Rahul Nair

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Finance and M&A

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Other
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India to Soon Get Another Power Exchange

The Central Electricity Regulatory Commission (CERC) proposes to grant registration to Pranurja Solutions to establish and operate a power exchange. The Commission said...

February 12, 2021

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Rakesh Ranjan

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Grid

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Market & Policy
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Standard Transaction Fee Suggested For Trading Renewables in Power Exchanges

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has submitted its recommendations on the proposed power market regulations to the Central...

September 1, 2020

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Rakesh Ranjan

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Other

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Renewable Energy
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CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown

Amid the Coronavirus (COVID-19) outbreak in India, the Central Electricity Regulatory Commission (CERC) has decided to defer implementing the real-time power market...

April 6, 2020

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Anjana Parikh

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Grid

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Market & Policy
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CERC Proposes New Regulations for Granting Electricity Trading License

The Central Electricity Regulatory Commission (CERC) has issued a notification to address the procedure, terms, and conditions for the grant of licenses for electricity...

August 7, 2019

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shaurya

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Grid

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Market & Policy
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CERC Seeks Consultants to Study Regulatory Impact of REC Mechanism

The Central Electricity Regulatory Commission (CERC) has published the terms of reference for the study of regulatory impact of renewable energy certificate (REC)...

January 4, 2019

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Nitin Kabeer

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Other

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Renewable Energy

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