IEX Total Trade Volume Plunges by 18% YoY in August ’22 Updated On Wed, Sep 7th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7805 MU volume in August 2022, registering a 9% MoM growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lac Certificates) in the REC Market. The total volume in the said period was lower […] Read more
HPX Crosses 100 MUs Of Traded Power In Month 1 Updated On Thu, Jul 21st, 2022 by Saurenergy The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […] Read more
IEX Power Trading Update for June 2022 Updated On Tue, Jul 5th, 2022 by Saurenergy The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments. Owing to improved supply-side availability, the prices at the day […] Read more
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy 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 […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy 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) […] Read more
CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading Updated On Wed, May 11th, 2022 by Saurenergy 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 […] Read more
Regional Energy Trade Lead Updated On Tue, Apr 26th, 2022 by Saurenergy 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 […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
