Renewable Energy Trading on IEX Down 35% MoM in August

Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded declined by 35% compared to ...
/ / Other, Renewable Energy
Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

Power Exchanges Allowed Time to Implement Clearing and Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has granted time for one more year from August 15, 2022, for power exchanges to align their clearing and settlement system to the Payment ...
/ / Grid, Market & Policy
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
IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

IEX Reports 11% YoY Increase in Profit for Q1 FY23, Trades 22.2 BU of Power

The Indian Energy Exchange (IEX) has reported an 11.3% year-on-year (YoY) increase in profit after tax from ₹621 million (~$7.78 million) to ₹691 million (~$8.66 million) in the first quarter ...
/ / Other, Renewable Energy
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 ...
CERC Approves Introduction of Forward Contracts at the Indian Energy Exchange

CERC Approves Introduction of Forward Contracts at the Indian Energy Exchange

The Central Electricity Regulatory Commission (CERC) recently directed the Indian Energy Exchange (IEX) to make changes in its software before the commencement of the physical delivery-based forward contracts and to ...
IEX Trades 2.24 Million Renewable Energy Certificates in Q1 2022

IEX Trades 2.24 Million Renewable Energy Certificates in Q1 2022

The Indian Energy Exchange (IEX) traded 2,249,517 renewable energy certificates (RECs) in the first quarter of 2022. They include 1,636,973 non-solar RECs and 612,544 solar RECs. There were 933,359 non-solar ...
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 ...
BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

Bharat Heavy Electricals Limited (BHEL) has invited bids from traders to procure renewable energy certificates (RECs) from the National Load Despatch Center (NLDC) and trade them at the power exchanges ...
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 ...
CERC Orders Power Exchanges to Cap Market Clearing Price at ₹12kWh

CERC Orders Power Exchanges to Cap Market Clearing Price at ₹12/kWh

Central Electricity Regulatory Commission (CERC) directed the power exchanges to re-design their bidding software so that members can submit their buy bids at the maximum price of ₹12 (~$0.16)/kWh for ...
/ / Grid, Market & Policy
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
Month in a Minute Top Headlines from Indian Renewable Sector in March 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in March 2022

Here is a recap of some of the most important headlines from March 2022: The Ministry of Power informed that it would be writing to the Department of Revenue recommending ...
/ / 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
Renewable Energy Trading Up by 61% MoM to 453 MU at IEX in February 2022 (1)

Renewable Energy Trading Up by 61% MoM to 453 MU at IEX in February 2022

The Indian Energy Exchange (IEX) traded 453 million units (MU) of renewable energy in February 2022, a 61% month-over-month (MoM) increase compared to 280 MU traded in the previous month ...
/ / Other, Renewable Energy
CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market

CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market

The Central Electricity Regulatory Commission (CERC) has approved the introduction of hydropower in the Green Term-Ahead Market (GTAM) following a petition by the Indian Energy Exchange (IEX), to facilitate the ...
Month in a Minute Top Headlines from the Indian Renewable Sector in February 2021

Month in a Minute: Top Headlines from the Indian Renewable Sector in February 2022

Here is a recap of some of the most important headlines from February 2022: India installed a record 10 GW of new solar capacity in 2021, a big jump of ...
/ / Other, Renewable Energy
CERC Proposes Changes to the Renewable Energy Certificates Mechanism

CERC Proposes Changes to the Renewable Energy Certificates Mechanism

Central Electricity Regulatory Commission (CERC) has recently published draft regulations for renewable energy certificates according to which renewable generators, captive power projects, distribution companies (DISCOMs), and open access consumers will ...
/ / Other, Renewable Energy
Renewable Energy Trading Declined by 23% MoM to 280 MU at IEX in January 2022

Renewable Energy Trading Declined by 23% MoM to 280 MU at IEX in January 2022

The Indian Energy Exchange (IEX) traded 280 million units (MU) of renewable energy in January 2022, a 23.28% month-over-month (MoM) decline compared to 365 MU traded in the previous month ...
/ / Other, Renewable Energy
Month in a Minute Top Headlines from Indian Renewable Sector in January 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in January 2022

Here is a recap of some of the most important headlines from January 2022: ReNew Power sold its 117 MW of rooftop solar portfolio to distributed solar company Fourth Partner ...
/ / Other, Renewable Energy
Commission Sets ₹2.49kWh as Average Power Purchase Costs for Himachal DISCOMs

Commission Sets ₹2.49/kWh as Average Power Purchase Costs for Himachal DISCOMs

The Himachal Pradesh Electricity Regulatory Commission (HPERC), in its recent order, has set ₹2.49 (~$0.033) as the average power purchase cost (APPC) for the financial year 2021-22 under the renewable ...
/ / Other, Renewable Energy
Vedanta Aluminium Procured 2 Billion Units of Renewable Energy in 2021

Vedanta Aluminium Procured 2 Billion Units of Renewable Energy in 2021

Indian aluminum producer Vedanta Aluminium Business announced that it has become India's largest industrial consumer of renewable energy. The company led renewable energy procurement on India’s power exchanges like Indian ...
/ / Other, Renewable Energy
Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

Renewable Energy Trading at IEX Dipped to 365 MU in December 2021

The Indian Energy Exchange (IEX) traded 365 million units (MU) of renewable energy in December 2021, a 20.13% month-over-month (MoM) decline compared to 457 MU in November. However, the fourth quarter of ...
/ / 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
Daily News Wrap-Up: IEX to Resume REC Trading from November 24

Daily News Wrap-Up: IEX to Resume REC Trading from November 24

Here are some noteworthy cleantech announcements of the day from around the world: The Indian Energy Exchange (IEX) will resume the Renewable Energy Certificates (REC) trading from November 24, 2021 ...
/ / Other, Renewable Energy