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Electricity Market

IEX December Market Update- Green Market Slide Continues with 60% Drop

Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […]

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Head/Senior Analyst- Power Market Modelling

There are two distinct roles in this team. One is the team lead as Head and the other role is in the same team, reporting to the Head. As Head, you will report directly to the VP – Statkraft Markets in India and will be responsible for a team of 2-3 motivated members. With your […]

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Brazil, India, Indonesia Hold Largest Markets For Electric Cooking: IRENA

A recent report by International Renewable Energy Agency (IRENA) recently studied the growth of renewable-based electric cooking globally. It found a global improvement in access to clean cooking over the last two decades. The IRENA report said that the improvement was mainly found in five countries: Brazil, China, India, Indonesia, and Pakistan. The report studies […]

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IEX Power Market Update for November 2023

Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […]

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Tight Power Markets Drive Up Volumes 21% YoY On IEX

Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis.  IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […]

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The Future of Indian Solar Market: TOPCon Technology

Ankit Singhania, Director & Co-Founder, Navitas Solar The Tunnel Oxide Passivated Contact (TOPCon) structure got more consideration for development of high-performance solar cells by the introduction of a tunnel oxide layer between the substrate and poly-Si, which is best for attaining interface passivation. When the Si solar cell’s efficiency approaches 23%, most of the recombination […]

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EU PPA Market Shines with 7.8 GW of New RE Contracts To Date

RE-Source Platform, a corporate renewable energy platform for energy buyers and suppliers, has made significant observations about the rising volumes of corporate PPAs signed for renewable energy in the EU. The Platform has made the following observations and recommendations to facilitate PPAs- Record-breaking year in the EU PPA market with companies procuring 7.8 GW of […]

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SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions

SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […]

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Offshore Wind Could Generate 8% Of USA’s Electricity By 2050: NREL

The NREL has released a report on, “Expanded Modelling Scenarios”. which helps to understand the role of offshore wind in decarbonizing the United States. The report estimates that 20% of regional power needs could be served alongside the Atlantic coast to support offshore wind farms by 2050.  NREL is the U.S. Department of Energy’s primary […]

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