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
Traded Volumes of Solar RECs Witness 45% Decline in November 2019

Traded Volumes of Solar RECs Witness 45% Decline in November 2019

In the November 2019 renewable energy certificate (REC) trading session, there was a significant decrease in the number of solar and non-solar RECs that were traded when compared with the ...
/ / Markets & Policy, Solar
October’s Solar REC Trading Sees Record High Price of ₹2,400

October’s Solar REC Trading Sees Record High Price of ₹2,400

In October’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded compared with the trading activity recorded in ...
/ / Markets & Policy, Solar
Solar REC Price Spikes to a Record ₹2,250 in September 2019

Solar REC Price Spikes to a Record ₹2,250 in September 2019

In September’s renewable energy certificate (REC) trading session, there was an increase in the number of solar and non-solar RECs that were traded when compared to trading activity in August ...
/ / Markets & Policy, Solar
Solar Renewable Energy Certificate Trading Reduces by Half in August 2019

Solar Renewable Energy Certificate Trading Reduces by Half in August 2019

In the August 2019 renewable energy certificate (REC) trading session, there was a significant fall in the number of solar and non-solar RECs that were traded compared to July. A ...
/ / Markets & Policy, Solar
Demand for Solar and Non-Solar RECs Increased in July 2019

Demand for Solar and Non-Solar RECs Increased in July 2019

In July’s renewable energy certificate (REC) trading session, there was a rise in the number of solar and non-solar RECs that were traded. A total of 129,056 solar RECs were ...
/ / Markets & Policy, Solar
After June’s Dip, Spot Power Price Rises Slightly to ₹3.38_kWh in July 2019

After June’s Dip, Spot Power Price Rises Slightly to ₹3.38/kWh in July 2019

In July 2019, the spot power prices witnessed a surge, rising to ₹3.38 (~$0.048)/kWh. This was a 15% increase month-over-month (MoM) when compared to June 2019, in which spot power ...
/ / 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 Dips Slightly in June 2019 at 3.32/kWh as Solar Generation Rises

In June 2019, the spot power price was recorded at ₹3.32 (~$0.0483)/kWh. After soaring high for four consecutive months in 2019, the spot power price has now declined slightly by ...
/ / Grid, Market & Policy
Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

Bombay Stock Exchange Launches Exclusive Trading Platform for Green Bonds

India now has its own green bond trading platform. The Bombay Stock Exchange (BSE)’s international arm, India International Exchange (India INX), recently announced its exclusive green listing and trading platform ...
Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April ...
/ / Demand Response, Grid
Solar RECs Traded at the Price of ₹2,000 in IEX and PXIL During May 2019

Solar RECs Traded at the Price of ₹2,000 in IEX and PXIL During May 2019

Entities rushed to buy renewable energy certificates (RECs) to fulfill their renewable purchase obligations (RPOs) in May 2019. This led to solar RECs being traded at ₹2,000 (~$28.68)/REC on both ...
IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

IEX Introduces Green Term Ahead Market, Invites Comments from Stakeholders

The Central Electricity Regulatory Commission (CERC) has ordered the Indian Energy Exchange (IEX) to give wide publicity to Green Term Ahead Market (GTAM) contracts by uploading it on its website ...
According to a Central Electricity Authority (CEA) provisional report, India recorded a power supply deficit of 0.6 percent in the nine-month period between April and December 2018.

Spot Power Price Hovers at ₹3.22/kWh in April 2019, a 19% Dip YoY

The peak power demand in the country touched an all-time high of 176.8 GW in April 2019. According to the Indian Energy Exchange (IEX), the all India peak demand touched ...