trading

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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...

January 16, 2023

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Satish Shetty

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Energy Efficiency

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Other

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Renewable Energy
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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...

January 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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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...

December 29, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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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...

December 28, 2022

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Satish Shetty

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Other

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Renewable Energy
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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...

December 23, 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 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...

November 4, 2022

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Arjun Joshi

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Other

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Renewable Energy
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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...

October 6, 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 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...

September 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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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...

July 12, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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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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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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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...

June 16, 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 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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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...

June 8, 2022

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Arjun Joshi

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Other

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Renewable Energy
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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...

June 2, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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