Karnataka Tops Power Sellers in Green Day Ahead Market in Q1 2022

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 ...
/ / Mercom Research Focus, Solar
Open Access Solar Installations Up 97% YoY in 1H 2022, with 1.3 GW of New Capacity Additions

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 ...
/ / Mercom Research Focus, Solar
Ministry Mulls Introducing High Price Day-Ahead Market in Power Exchanges

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, 2022, to ...
/ / Grid, Market & Policy
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 ...
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 ...
Open Access Solar Installations Rise by 58% QoQ to 513 MW in Q1 2022

Open Access Solar Installations Rise by 58% QoQ to 513 MW in Q1 2022

India added 513 MW of new open access solar capacity in the first quarter (Q1) of the calendar year (CY) 2022, registering a growth of 58% quarter-over-quarter (QoQ), compared to ...
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 ...
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 at IEX Grew by 517% YoY in FY 2021-22

Renewable Energy Trading at IEX Grew by 517% YoY in FY 2021-22

In the financial year (FY) 2021-2022, the Indian Energy Exchange (IEX) traded 4,854 million units (MU) of renewable energy, a 517% year-over-year (YoY) growth. The energy trading in the newly ...
/ / Other, Renewable Energy
Green Day Ahead Market is Facilitating Electricity Purchase On A Day-Ahead Basis

Green Day Ahead Market is Facilitating Electricity Purchase on a Day-Ahead Basis

The Indian Energy Exchange (IEX) and the Power Exchange India (PXIL) introduced the Green Day Ahead Market (GDAM) in October 2021, a market segment that enables participants to purchase electricity ...
/ / Other, Renewable Energy
IEX’s Green Market Trades 457 MU of Renewable Energy in November 2021

IEX’s Green Market Trades 457 MU of Renewable Energy in November 2021

The Indian Energy Exchange (IEX) traded 457 million units (MU) of renewable energy in November 2021, a 23% month-over-month (MoM) increase compared to 372.4 MU in October. The exchange saw ...
/ / Other, Renewable Energy
IEX’s Green Market Trades 372 MU of Renewable Energy in October

IEX’s Green Market Trades 372 MU of Renewable Energy in October

The Indian Energy Exchange (IEX) traded 372.4 million units (MU) of renewable energy in October 2021, a 31% month-over-month (MoM) decline compared to 543 MU in September. The exchange saw ...
/ / Grid, Market & Policy
BEE and AEEE Release State Energy Efficiency Preparedness Index

Power Demand Increases, Spot Power Price Up 10% YoY in December 2018

Spot power price in India declined to ₹3.30 (~$0.04766)/kWh in December 2018, an eight percent decline month-over-month (MOM). However, the spot price increased by 10 percent year-over-year (YoY). “Compared to ...
/ / Demand Response, Grid