SUBSCRIBE NEWS LETTER

Electricity Market

Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report

The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […]

Read more

Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition

Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […]

Read more

IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump

Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […]

Read more

Centre Amends Electricity, Late Payment Surcharge Rules 2022

The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […]

Read more

Solar’s Mass Market Entry-Challenges Ahead

The renewable energy sector in India is at the cusp of unprecedented growth and has been fast accelerating. It has crossed the 70,000 MW mark in installed solar power capacity and with the right push from the government in the recently passed Interim budget, the path ahead is promising. Multiple schemes by the government of […]

Read more

CERC Moves On Pilot Project For Market Coupling

Reports have confirmed that the Central Electricity Regulatory Commission (CERC) has ordered for a shadow pilot on market coupling of India’s power exchanges. The news confirms  what has been suspected for long, that despite protestations of IEX the premier power exchange, and many other stakeholders, the government is determined to push ahead with market coupling […]

Read more

January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides

Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […]

Read more

With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market

Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […]

Read more

Analyst – Power Market

Analyst – Enterprise SaaS” shall be responsible for implementing energy management initiatives to ensure optimal energy usage for its clients. They shall analyse data, demand patterns and provide recommendations to optimize energy usage, provide forecasts for demand and price. Developing forecasting models. Collaborate with energy suppliers, customers, and load dispatch centre to develop and implement demand/generation […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll