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Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange

The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […]

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Senior Manager/Manager – Market Operations

As Senior Manager/Manager – Market Operations, you’ll report to Head of Operations and following tasks would be a part of your job profile: Manage round the clock Operations team and overall market operations activities for Power exchange & Bilateral Trading. Co-ordination with State utilities, SLDC’s, RPC’s and RLDC’s for corridor booking, open access approvals and energy settlement. Support […]

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Australia Suspends Power Trading In Spot Markets

In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […]

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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading

Central Electricity Regulatory Commission (CERC) ordered on May 9 that the allocation of transmission corridor among the Power Exchanges shall be governed by a new set of principles from June 1. A bench of four judges under the chairmanship of IS Jha ruled that the old order of 04.04.2016 extending priority allocation of 10% in […]

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Senior Consultant/ Manager – Power & Renewable Energy

We seek a highly motivated and experienced Senior Consultant/ Manager – Power in our New Delhi, India office to lead our work in energy markets.  We seek candidates who will help us grow ICF’s energy market business, building on our established team and leveraging ICF’s broad energy sector capabilities in power and fuels markets. The […]

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CERC nod for hydropower contracts in GTAM for HPO Compliance

In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […]

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