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
Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

The Central Electricity Regulatory Commission (CERC) has ruled that the power exchanges should continue to allow members to quote a price in the range of ₹0/kWh to ₹12(~$0.15)/kWh in the ...
/ / Grid, Market & Policy
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
CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021. The guidelines aim to provide for power procurement through the administered process as well as from the ...
Integrated Day Ahead Market Proposed in Exchanges for Conventional Renewable Energy

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 renewable energy and ...
/ / Other, Renewable Energy
CERC Charts Plan to Redesign India’s Power Market

CERC Charts Plan to Redesign India’s Power Market

In a recent discussion paper titled Market Based Economic Dispatch of Electricity: Re-designing of Day-Ahead Market (DAM) in India, the Central Electricity Regulatory Commission (CERC) has analyzed India’s power market, ...
/ / Other, Renewable Energy
Government Working on Grid Strengthening and Preventing Future Grid Disturbances

CERC Issues Deviation Settlement Regulations for Grid-Connected Power

The Central Electricity Regulatory Commission (CERC) has issued its fourth amendment to the deviation settlement regulations. These regulations will come into force from January 1, 2019. The main objective for ...
/ / Grid, Market & Policy
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Shot Up By 27 Percent in February 2018

The average spot power price recorded in February 2018 shot up by approximately 27 percent when compared to the the price recorded in the same month last year. While the ...