RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy 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 […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy 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 […] Read more
Five Takeaways From CERC’s Short-Term Power Market Report Updated On Thu, Nov 7th, 2024 by Saurenergy 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 […] Read more
IEX October Power Market Updates- Soft Demand Leads to Lower Prices Updated On Wed, Nov 6th, 2024 by Saurenergy 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, […] Read more
Off Grid Solar Market- 5 Key Takeaways From 2024 Trends Report Updated On Thu, Oct 10th, 2024 by Saurenergy GOGLA and the Energy Sector Management Assistance Program (ESMAP) of the World Bank have released the 2024 report on Solar Market Trends for Off Grid Solar (OGS). Released every two years, this 7th edition in the series covers 2022 and 2023. The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase […] Read more
IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24 Updated On Wed, Oct 2nd, 2024 by Saurenergy The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […] Read more
Oxford PV’s Tandem Solar Panels Enter US Market For Commercial Use Updated On Thu, Sep 5th, 2024 by Saurenergy Oxford PV, a UK-based solar cell manufacturer, recently began commercializing its tandem solar technology, which is 20% more powerful, with the first shipment to a US-based customer. The 72-cell panels are comprised of Oxford PV’s proprietary perovskite-on-silicon solar cells, which can produce up to 20% more energy than a standard silicon panel. These solar cells […] Read more
IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
