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Electricity Market

IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline

India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are:       (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […]

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Regional Energy Trade Lead

Lead and design policy and regulatory interventions for setting up and expanding a regional power market as well as power trade rules, operations, and codes. Develop capacity of regional institutions on power trading regional energy cooperation and support evolution of new trading companies in South Asian countries. Provide technical inputs in the formulation/ update of […]

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Neoen Inks 70 MW virtual battery deal with AGL in Australia

Paris-headquartered renewable energy producer Neoen has inked an innovative 7-year virtual battery agreement with AGL Energy, an Australian energy generator and retailer, to provide 70 MW / 140 MWh of virtual battery capacity in the New South Wales (NSW) region of Australia’s National Electricity Market. The offtake gives AGL Energy the ability to hedge its […]

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How Australia’s States Are Leading The Renewables Push

Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world,  making rooftop solar the largest contributor to its […]

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Croatia to Launch Renewable Auctions by Q3 2022

Croatia’s Ministry of Economy and Sustainable Development is considering announcing auctions for large wind farms and solar power plants by the third quarter of 2022. About a year back, the Ministry had announced preparations for auctions for premiums for large power plants using renewable energy sources, which were then postponed to the autumn season. According […]

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IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth

The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […]

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Renewable PPA prices surge 7.8% in response to Europe’s deepening energy crisis

As the European energy crisis deepens, renewable PPA prices continue to climb, rising by 7.8% quarter over quarter, unveiled today by LevelTen Energy’s Q4 2021 PPA Price Index. The Index series, created by LevelTen Energy, a leading provider of renewable transaction infrastructure, analyses thousands of wind and solar PPA pricing offers listed on the LevelTen Energy Marketplace […]

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