IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

IEX’s Green Term-Ahead Market Traded 412 MU of Green Energy in June 2021

The Indian Energy Exchange (IEX) traded 412 MU of green energy in June 2021 due to the ongoing wind season. This is a 15% increase compared to 357 MU traded in May ...
194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

194 MU of Solar Traded in IEX’s Green Term-Ahead Market in May

The Indian Energy Exchange (IEX) traded 194 million units (MU) of solar in May, a 149% increase compared to the 78 MU traded in April 2021. The Exchange traded 6,540 ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in May 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in May 2021

Here is a recap of some of the most important headlines from May 2021: In the first quarter (Q1) of the calendar year (CY) 2021, India generated about 17.5 BU ...
/ / Other, Renewable Energy
CERC Approves Registration of India’s Third Power Exchange

CERC Approves Registration of India’s Third Power Exchange

The Central Electricity Regulatory Commission (CERC) has granted Pranurja Solution Limited (PSL) registration right to establish and operate a power exchange. It would make PSL the third power exchange in ...
/ / Grid, Market & Policy
IEX

Indian Energy Exchange’s Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchange's (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ₹3.56 billion (~$48.48 million) compared to ₹2.97 billion (~$40.45 million) in ...
Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Trade Volume of Solar in IEX’s Green Term-Ahead Market Soars in April 2021

Indian Energy Exchange (IEX) traded a record 78 MU (million units) of solar power in April, a 272% surge from the 21 MU traded in March 2021. The exchange’s real-time ...
IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South ...
/ / Grid, Market & Policy
IEX's Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
/ / Grid, Market & Policy
IOCL

Indian Oil Invites Bids for Trading of Non-Solar RECs from 72 MW of Wind Projects

The Indian Oil Corporation Limited (IOCL) has invited bids from traders to sell 176,262 non-solar renewable energy certificates (RECs) generated from 72.3 MW of wind power projects in Rajasthan through ...
/ / Other, Wind
IEX’s Green Term-Ahead Market Trades Over 37 Million Units of Solar Power in February

IEX’s Green Term-Ahead Market Trades Over 37 Million Units of Solar Power in February

The electricity market at Indian Energy Exchange (IEX) traded a volume of 6769 MU (million units) and registered a 50% year-on-year (YoY) growth in February 2021. The Green Term-Ahead Market ...
/ / Finance and M&A, Other
IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January

IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2% monthly increase. This was ...
/ / Uncategorized
IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

IEX Launches Daily and Weekly Contracts on its Green Term-Ahead Trading Platform

The Indian Energy Exchange Limited (IEX) said it launched green daily and green weekly contracts on its green market trading platform. The contracts will be available for both solar and ...
APTEL’s Stay on REC Trading has Significantly Impacted the Renewable Market_ Interview

APTEL’s Stay on REC Trading has Significantly Impacted the Renewable Market: Interview

Renewable energy certificates (RECs) play a vital role in helping companies meet their renewable purchase obligations (RPOs). They encourage the sale and growth of renewable energy and help the country ...
/ / Grid, Market & Policy
IEX’s Real-Time Market Trades 814 Million Units of Power in October

IEX’s Real-Time Market Trades 814 Million Units of Power in October

The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a total trade volume of 814 million units (MU) of power in October 2020, up 16% from ...
REC Trading Expected to Resume from November 25th (1)

REC Trading Expected to Resume from November 25th

Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India

MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India

The Multi-Commodity Exchange of India (MCX) announced that it has entered into a licensing agreement with the Indian Energy Exchange (IEX) to launch electricity derivatives in the country. Derivatives refer ...
/ / Grid, Market & Policy
Power Exchanges Hoping to Resume REC Trading by October End

Power Exchanges Hoping to Resume REC Trading by October End

Power exchanges might resume trading renewable energy certificates (RECs) in October after the Appellate Tribunal for Electricity (APTEL) issued an order postponing their trade early August. Renewable Energy Certificates “REC ...
Buyers Lap Up Solar and Green Power from Indian Energy Exchange’s New Trading Platform

Buyers Lap Up Solar and Green Power from Indian Energy Exchange’s New Trading Platform

Solar power is trading at premiums ranging between ₹0.40 (~$ 0.0054)/kWh and ₹0.60 (~$0.0082)/kWh on the Indian Energy Exchange’s (IEX) recently launched renewable energy platform, an executive told Mercom. “IEX ...
/ / Markets & Policy, Solar
Green Term-Ahead Market Trades Three Million Units in August 2020

Green Term-Ahead Market Trades Three Million Units in August 2020

The Indian Energy Exchange (IEX) has released the highlights of electricity trading on the platform during August 2020. The trading in the Green Term-Ahead Market (GTAM) commenced on August 21, ...
/ / Markets & Policy, Solar
CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the 'Green Term-Ahead Market' (GTAM) contracts on the Indian Energy Exchange (IEX), adding that it would provide an avenue ...
/ / Grid, Market & Policy
Solar Renewable Energy Certificates Trading Spikes in June

Solar Renewable Energy Certificates’ Trading Spikes in June

There was a surge in the trading of solar renewable energy certificates (RECs) in June 2020 compared to the previous month despite the ongoing COVID-19 crisis and the subsequent lockdown ...
After Two Months of Lows, Solar REC Trading Gathers Speed in May 2020

After Two Months of Lows, Solar REC Trading Gathers Speed in May 2020

There was a considerable increase in the trading of both solar and non-solar renewable energy certificates (RECs) in May 2020 compared to the last month. This increase comes as a ...
Solar and Non-Solar REC Trading Plummets in April

Solar and Non-Solar REC Trading Plummets in April

Due to the lockdown caused by the coronavirus (COVID-19) pandemic, there was a significant decrease in the trade volume of both solar and non-solar renewable energy certificates (RECs) in April ...
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
/ / Other, Renewable Energy
Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020

Expiring Solar and Non-Solar RECs Will Now Remain Valid up to March 31, 2020

The Central Electricity Regulatory Commission (CERC) has extended the validity of renewable energy certificates (RECs), which have or are due to expire shortly. The Commission observed that the RECs that ...
/ / Markets & Policy, Solar