gdam

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Daily News Wrap-Up: NTPC REL Tenders BoS Package of 1 GW Wind Project

NTPC Renewable Energy has invited bids for a Balance of System (BoS) package for a 1 GW interstate transmission system (ISTS)-connected wind energy project in the...

June 19, 2024

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Mercom Staff

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Daily Wrap-up
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Adani Hybrid Energy Sold the Most Power in Green Day Ahead Market in Q4 2023

Green Day-Ahead Market (GDAM) has provided new opportunities for renewable energy generators and distribution companies (DISCOMs) to trade surplus power on exchanges....

June 18, 2024

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Tarun Kothamasu

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Mercom Research Focus

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Other

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Renewable Energy
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IEX Trades 298 MU Green Energy in February, REC Volume Falls 60% MoM

The Indian Energy Exchange (IEX) traded 298 million units (MU) of green energy during February 2024, a 12.61% year-over-year (YoY) drop from 341 MU. The green energy...

March 7, 2024

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Satish Shetty

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Other

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Renewable Energy
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IEX Trades 1.52 Million Renewable Energy Certificates in January, Up 285% YoY

The Indian Energy Exchange (IEX) traded 1.52 million renewable energy certificates (RECs), equivalent to 1,520 million units (MU), in January 2024 at a clearance price...

February 6, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Green Energy Trade at IEX Continues to Dip, 189 MU Traded in November

The Indian Energy Exchange (IEX) traded 189 million units (MU) of green energy during November 2023, a 46.61% year-over-year (YoY) drop from 354 MU. Green energy trade...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy
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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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Renewable Trading on IEX Declined by 49% YoY in September 2023

The Indian Energy Exchange (IEX) traded 230 million units (MU) of renewable energy in September 2023, a year-over-year (YoY) decline of 49.3% from 454 MU and a 5% drop...

October 5, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Low Wind Energy Generation Brings Green Energy Trade Volume at IEX Down 45%

The Indian Energy Exchange (IEX) recorded the lowest renewable energy units traded in 2023 at 242.3 million units (MU) in August 2023, a 44.6% year-over-year (YoY)...

September 8, 2023

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Satish Shetty

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Other

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Renewable Energy
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Solar Open Access Installations Surge 68% in Q1 2023

India added 518 MW of solar open access in the first quarter (Q1) of the calendar year (CY) 2023, marking a remarkable increase of more than 68% compared to the 308 MW...

June 8, 2023

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Rakesh Ranjan

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Mercom Research Focus

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Open Access

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Solar
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IEX Trades 358 MU of Green Energy in May 2023, a 44% YoY Drop

The Indian Energy Exchange (IEX) traded 358 million units (MU) of renewable energy during May 2023, a 28% increase from 280 MU traded in April and a 44% year-over-year...

June 6, 2023

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Satish Shetty

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Other

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Renewable Energy
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CERC Orders Changes in Power Exchanges’ Bidding Software to Cut Power Cost

The Central Electricity Regulatory Commission (CERC) has directed all power exchanges to redesign their bidding software to allow members to quote prices within a...

April 4, 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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Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

Karnataka was the top seller of power in the Green Day Ahead Market (GDAM) in the first quarter (Q1) of 2022, accounting for 58.9% of the total power sold in the quarter,...

September 12, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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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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