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Electricity Market

Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report

OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […]

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PXIL Highlights Power Market Regulatory Reforms and Insights

PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […]

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Renewables in 2020 Will be Fastest-Growing Source of Electricity in the US: EIA

The EIA has revealed that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. The US Energy Information Administration (EIA) has revealed in its Short Term Energy Outlook (STEO) that it expects renewables to be the fastest-growing source of electricity generation in the US in 2020. It has […]

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Goldwind Enters Central Asian Market With 100 MW Project in Kazakhstan

Goldwind has been awarded the phase-II 100 MW wind power project in Zhanatas, Kazakhstan, marking the firm’s formal entry in the Central Asian market. In June 2020, Xinjiang Goldwind Science & Technology (Goldwind) – a leading global wind energy company was awarded the phase-II 100 MW wind power project in Zhanatas, Kazakhstan as the Top […]

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IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June

The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […]

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How India has Become the World’s Largest Clean Energy Auction Market: BNEF

BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […]

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