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Electricity Market

RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets

Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […]

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PXIL to Launch Real Time Market for Electricity Transactions From June 1

PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […]

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Rising Solar Stars: Top 5 Sub 10 GW Solar Markets For 2025

Solar energy has become a cornerstone of the global transition to sustainable power, driving economic growth and innovation while offering significant environmental benefits. Historically, countries like China, India, the US, Germany, and Brazil have led the charge in solar development. However, in recent years, a wave of new entrants has reshaped the industry, with several […]

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Top 5 Solar Energy Markets to Boom in 2025

The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […]

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Sembcorp Enters BESS Market In India, RE Capacity Touches 6 GW

Sembcorp Industries (Sembcorp) today announced receiving a Letter of Award (LoA) for a 150 MW solar photovoltaic project coupled with a Battery Energy Storage System (BESS) of 300MWh. The Singapore-based company secured this award from the Solar Energy Corporation of India Ltd (SECI) through its subsidiary Sembcorp Green Infra Private Limited (SGIPL).  The Build-Own-Operate (BOO) […]

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November Power Trading- Electricity Prices Drop17% YoY

Indian Energy Exchange, India’s largest electricity exchange, achieved electricity traded volume of 9,689 MU in November’24, marking a 15.7% year on year increase.  During the month, IEX traded 5.46 lakh renewable energy certificates recording a 27.7% year on year decrease. According to government data published in November 2024, the country’s energy consumption reached 125 BUs, […]

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Top 5 Reasons Why Shifting Electricity Across Continents Remains A Challenge

From relying on oil and gas-based power to adopting renewable energy, the uneven spatial distribution and temporal variability of energy sources have historically favoured certain countries and continents over others. Transcontinental energy pools aim to address this disparity by distributing renewable energy to regions less fertile for harnessing these modern energy sources from the regions […]

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Five Takeaways From CERC’s Short-Term Power Market Report

The Central Electricity Regulatory Commission (CERC) has published its annual report on the short-term electricity market for 2023-24. The report sheds light on the growth of the short-term market in the country, the rise of power transactions through power exchanges, and other topics. Following are the five main takeaways from the report- Short-term market is […]

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IEX October Power Market Updates- Soft Demand Leads to Lower Prices

Indian Energy Exchange, India’s premier electricity exchange, achieved electricity traded volume of 9,642 MU in October’24, marking a 4% year on year increase. During the month, IEX traded 4.44 lakh renewable energy certificates recording a 105% year on year increase. According to government data published in October 2024, the country’s energy consumption reached 140.4 BUs, […]

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