power-exchange

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CERC Proposes Changes to Price Discovery Mechanisms in Power Exchanges

The Central Electricity Regulatory Commission (CERC) has issued a draft order addressing concerns related to price discovery mechanisms, market liquidity, and contract...

October 9, 2024

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Arjun Joshi

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Markets & Policy

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Other
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IEX Trades Highest Monthly Green Electricity Volume of 990 MU in July 2024

The Indian Energy Exchange (IEX) traded its highest monthly green energy volume of 989.6 MU million units (MU) in July 2024, a 259% year-over-year (YoY) increase from...

August 5, 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 Up 173% YoY in June, REC Prices Tumble

The Indian Energy Exchange (IEX) traded 744 million units (MU) of green energy in June 2024, a 173.4% year-over-year (YoY) increase from 272 MU. The segment recorded a...

July 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Adani Hybrid Energy Sold the Most Power in Green Day Ahead Market in Q4 2023

Green Day-Ahead Market (GDAM) has provided new opportunities for renewable energy generators and distribution companies (DISCOMs) to trade surplus power on exchanges....

June 18, 2024

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Tarun Kothamasu

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Mercom Research Focus

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Other

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Renewable Energy
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REC Trading on IEX Surges 640% YoY as Price Drops to Record Low

The Indian Energy Exchange (IEX) reported a total traded volume of 10,633 million units (MU) in May 2024, a 28.9% increase from the previous year. A volume of 622.2 MU...

June 6, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Green Energy Trade at IEX Up by 44% in April, REC Prices Plummet by 80%

The Indian Energy Exchange (IEX) traded 402 million units (MU) of green energy in April 2024, a 44% year-over-year (YoY) increase from 280 MU. The Exchange, in total,...

May 3, 2024

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Arjun Joshi

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Other

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Renewable Energy
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Green Energy Trading Takes a Hit in 2023

Renewable energy trading at the Indian Energy Exchange (IEX) in 2023 so far has seen a considerable drop compared to 2022, with the traded energy reaching its lowest in...

November 27, 2023

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Satish Shetty

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Mercom Research Focus

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Other

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Renewable Energy
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IEX’s Revenue for FY23 Dips 2% YoY to ₹4.7 Billion, Trades 97 BU

The Indian Energy Exchange (IEX) has reported a profit after tax (PAT) of ₹883 million (~$10.7 million), a slight decrease of 0.1% year-on-year (YoY) in the fourth...

May 26, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Storage Technology Breakthroughs Will Boost the Short-Term Energy Market: Interview

Hindustan Power Exchange (HPX), India’s third power exchange, was launched earlier this year to establish a platform for electricity products backed by the latest...

October 18, 2022

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Satish Shetty

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Other

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Renewable Energy
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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...

June 16, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Azure Power Announces a New Chief Executive Officer

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power Global announced that Harsh Shah would be joining as the Chief Executive...

May 10, 2022

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Satish Shetty

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Other

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Renewable Energy
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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 MU...

June 8, 2021

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Rahul Nair

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Other

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Renewable Energy
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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...

May 7, 2021

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Srinwanti Das

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Other

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Renewable Energy
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Integrated Day Ahead Market Proposed in Exchanges for Conventional & Renewable Energy

The Ministry of Power (MoP) has decided to set up an integrated day-ahead market (DAM) at the power exchanges with separate price formation for power generated from...

April 29, 2021

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Rahul Nair

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Other

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Renewable Energy
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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...

March 10, 2021

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Rahul Nair

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Finance and M&A

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Other

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