Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
REC Sales Drop to Nearly Half in August Updated On Mon, Sep 2nd, 2019 by Saurenergy The sales of REC in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to 8.19 lakh units sold in the same month last year. The sales of Renewable Energy Certificates (REC) in the month of August dropped by over 47 percent to 4.3 lakh units solar compared to […] Read more
REC Sales Down 61 Percent in July Updated On Mon, Aug 5th, 2019 by Saurenergy Sale of REC declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply Sale of renewable energy certificates (REC) declined by 61 percent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago […] Read more
Spot Power Prices Drop 11% in June to Rs 3.32/unit Updated On Tue, Jul 9th, 2019 by Saurenergy Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […] Read more
Renewable Certificates Sales Down 22% in June Updated On Mon, Jul 8th, 2019 by Saurenergy Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […] Read more
Average Spot Power Price Falls 19% in April to Rs 3.22/Unit Updated On Fri, May 3rd, 2019 by Saurenergy The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 percent decline over 3.98 per unit in April 2018. Average spot power price at the Indian Energy Exchange (IEX) declined 19 percent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on […] Read more
REC Sales Drop Again, Down 65% in April to 3.68 Lakh Updated On Mon, Apr 29th, 2019 by Saurenergy Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year. Sales of renewable energy certificates dropped by about 65 percent to 3.68 lakh units in April as compared to 10.62 lakh in the same month last year due […] Read more
IEX, PXIL Green Certificate Sales Nosedive 49.34% in August Updated On Fri, Aug 31st, 2018 by Saurenergy The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […] Read more
2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
