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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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Renewable Energy Trading on IEX Fell 38% YoY in December to 232 MU

The Indian Energy Exchange (IEX) traded 232 million units (MU) of green energy in December 2023, a 38% year-over-year (YoY) drop from 377 MU. The segment achieved a...

January 4, 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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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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CERC Approves High Price Bilateral Market Segment on PXIL

The Central Electricity Regulatory Commission (CERC) recently approved Power Exchange India’s (PXIL) proposal to introduce high price bilateral market segment. The...

September 22, 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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CERC Allows Hydropower Contracts in Green Term-Ahead Market on HPX

The Central Electricity Regulatory Commission (CERC) has approved Hindustan Power Exchange’s (HPX) plea for the introduction of hydropower contracts in the Green...

January 3, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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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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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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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),...

June 8, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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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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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...

May 5, 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 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...

April 6, 2022

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Arjun Joshi

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Other

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Renewable Energy

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