Energy Saving Certificates Trading to Resume After 11 Months (1)

Energy Saving Certificates Trading to Resume After 11 Months

The Bureau of Energy Efficiency (BEE) has announced that it will resume the trading of Energy Saving Certificates (ESCerts) from January 17. It was suspended in February last year due ...
Renewable Energy Trading on IEX Increases by 6% MoM in December

Renewable Energy Trading on IEX Increases by 6% MoM in December

The Indian Energy Exchange (IEX) traded 377 million units (MU) of renewable energy in December 2022, an 6% increase month-over-month (MoM) compared to 354 MU traded in the previous month ...
/ / Other, Renewable Energy
CERC Retains Market Clearing Price Cap of ₹12/kWh in Exchanges for Now

CERC Retains Market Clearing Price Cap of ₹12/kWh in Exchanges for Now

The Central Electricity Regulatory Commission (CERC) passed a suo motu order retaining the ₹12 (~$0.14)/kWh price cap on power exchanges till further notice to ensure that prices didn’t rise disproportionately ...
/ / Grid, Market & Policy
REC Trading Jumps 31% with Clearing Price of ₹1,000 Under New Regulations

REC Trading Jumps 31% with Clearing Price of ₹1,000 Under New Regulations

The Renewable Energy Certificates (RECs) trading on Wednesday saw a clearing price of ₹1,000 (~$12.08)/REC being discovered in the first session at the Indian Energy Exchange (IEX) after the implementation ...
/ / Other, Renewable Energy
Delhi High Court Suspends Renewable Energy Certificate Trading for Six Weeks

Delhi High Court Suspends Renewable Energy Certificate Trading for Six Weeks

The Delhi High Court has suspended the trading of renewable energy certificates (RECs) issued before October 31, 2022, for six weeks. The order came in response to Indian Wind Power ...
/ / Other, Renewable Energy
Renewable Energy Trading at IEX Down 11% in October, Weighted Average Price Drops

Renewable Energy Trading at IEX Down 11% in October, Weighted Average Price Drops

The Indian Energy Exchange (IEX) traded 403 million units (MU) of renewable energy in October 2022, an 11% decrease month-over-month (MoM) compared to 454 MU traded in the previous month ...
/ / Other, Renewable Energy
Solar Power Traded at ₹5.05kWh in Green Term Ahead Market at IEX in September

Solar Power Traded at ₹5.05/kWh in Green Term Ahead Market at IEX in September

The Indian Energy Exchange (IEX) traded 454 million units (MU) of renewable energy in September 2022, registering a 4% month-over-month (MoM) growth. However, the total energy traded on the exchange ...
/ / Other, Renewable Energy
Renewable Energy Trading on IEX Down 35% MoM in August

Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded declined by 35% compared to ...
/ / Other, Renewable Energy
Consultancy Tender Issued for Trading of Carbon Credits from Rooftop Solar Projects

Consultancy Tender Issued for Trading of Carbon Credits from Rooftop Solar Projects

Madhya Pradesh Power Management Company (MPPMCL) has invited bids to appoint a consultant for validation, registration, issuance, and trading of carbon credits from rooftop solar projects in the state. The ...
Renewable Energy Trading on IEX Declines by 16.5% MoM in June

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 previous month ...
CERC Approves Introduction of Month-Ahead Contracts on Power Exchange India

CERC Approves Introduction of Month-Ahead Contracts on Power Exchange India

The Central Electricity Regulatory Commission (CERC) recently approved Power Exchange India’s (PXIL) proposal to introduce delivery-based monthly contracts, which can be traded on one month, two-month, and three-month ahead basis ...
/ / Grid, Market & Policy
Karnataka Sold the Most Power in Green Day Ahead Market in Q4 2021

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 day-ahead basis. GDAM provides new ...
IEX Trades 2.24 Million Renewable Energy Certificates in Q1 2022

IEX Trades 2.24 Million Renewable Energy Certificates in Q1 2022

The Indian Energy Exchange (IEX) traded 2,249,517 renewable energy certificates (RECs) in the first quarter of 2022. They include 1,636,973 non-solar RECs and 612,544 solar RECs. There were 933,359 non-solar ...
Renewable Energy Trading up by 91% MoM at IEX in May 2022

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 previous month ...
BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

Bharat Heavy Electricals Limited (BHEL) has invited bids from traders to procure renewable energy certificates (RECs) from the National Load Despatch Center (NLDC) and trade them at the power exchanges ...
Renewable Energy Trading Down by 14% MoM at IEX in April 2022 (1)

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 previous month ...
Renewable Energy Trading Up by 61% MoM to 453 MU at IEX in February 2022 (1)

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 the previous month ...
/ / Other, Renewable Energy
Renewable Energy Trading Declined by 23% MoM to 280 MU at IEX in January 2022

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 the previous month ...
/ / Other, Renewable Energy
Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

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 November. However, the fourth quarter of ...
/ / Other, Renewable Energy
ReNew Energy Receives License for Inter-State Electricity Trading Across India

ReNew Energy Receives License for Inter-State Electricity Trading Across India

The Central Electricity Regulatory Commission (CERC) has granted an inter-state trading license to ReNew Energy Markets to trade power across India. Background ReNew Energy Markets, a ReNew Power group company, ...
/ / Grid, Market & Policy
APTEL Strikes Down CERC's Order Removing Floor Prices of Solar and Non-Solar RECs

APTEL Strikes Down CERC’s Order Removing Floor Prices of Solar and Non-Solar RECs

The Appellate Tribunal for Electricity (APTEL) has set aside the order passed by the Central Electricity Regulatory Commission (CERC) revising the floor and forbearance prices of solar and non-solar renewable ...
/ / Other, Renewable Energy
CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

The Central Electricity Regulatory Commission (CERC), in a recent order, approved the introduction of the Green Day Ahead Contract (GDAC) at the Indian Energy Exchange (IEX) and the Power Exchange ...
/ / Markets & Policy, Solar
Renewable Energy Certificates To Be Valid Until Sold - Power Ministry

Renewable Energy Certificates to be Valid Until Sold – Power Ministry

The Union Minister of Power R K Singh has approved amendments to the renewable energy certificate (REC) mechanism. According to the new amendments, the REC will remain valid until it ...
/ / Grid, Market & Policy
147 MU of Solar Traded at an Average Price of ₹3.56kWh at IEX in August 2021 (1)

147 MU of Solar Traded at an Average Price of ₹3.56/kWh at IEX in August 2021

The Indian Energy Exchange (IEX) traded 413 million units (MU) of renewable energy in August 2021, a 43% month-over-month (MoM) decline compared to 726 MU in the previous month. However, ...
/ / Markets & Policy, Solar
A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

A Record 726 MU of Renewables Traded at IEX’s Green Term-Ahead Market in July

The Indian Energy Exchange (IEX) traded an all-time high volume of 726 MU of renewable energy in July 2021, a 76% month-over-month (MoM) increase compared to 412 MU in the ...
/ / Other, Renewable Energy
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