CERC Declines A Decision on IEX Application To Permit Addl. Term Ahead, GTAM Trading Updated On Wed, Jul 28th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has delayed giving a categorical answer on certain approvals sought by Indian Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) until the Supreme Court’s verdict on the same arrives. IEX had filed a petition under the 2010 Power Market Regulations, 2010, for the approval of the introduction […] Read more
US Moves Back to World Energy Council, Ahead of 2022 summit Updated On Fri, Jul 23rd, 2021 by Saurenergy The US has rejoined the World Energy Council. The World Energy Council (WEC), the world’s leading independent member-based international energy network has announced that the United States has rejoined it. A new US WEC Member Committee will be hosted by Electric Power Research Institute (EPRI), an independent, nonprofit energy research and development (R&D) organization. The […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Electricity Market at IEX Records All-time High Volume of 8248.52 MU in March 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The electricity market at IEX achieved an all-time high volume of 8248.52 MU in the month of March 2021 Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange (IEX) achieved an all-time high volume of 8248.52 MU in the month of March 2021 surpassing all the […] Read more
PXIL Launches Green Term Ahead Market (GTAM) Updated On Fri, Mar 26th, 2021 by Saurenergy Power exchange India Limited (PXIL), the energy trading market promoted by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on 24th March 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and […] Read more
Europe’s Energy Storage Market Expected to Double in 2021: EMMES 5.0 Updated On Thu, Mar 25th, 2021 by Saurenergy According to a report released by the European Association for Storage of Energy (EASE) and Delta-EE today, Europe‘s annual energy storage market is expected to reach 3 GWh in 2021 from 1.7 GWh in 2020, almost double the growth rate. The fifth edition of the European Market Monitor on Energy Storage EMMES 5.0, which report […] Read more
Rooftop Solar Dodged Covid Impact In US, Record Year Ahead Updated On Mon, Oct 12th, 2020 by Saurenergy A report from Bloomberg New Energy Finance (BNEF) posits that the US rooftop solar market is set to grow by a record level as the residential sector in the country has managed to avoid any Covid linked slowdown. Follow us on Twitter This resiliency in the sector could mean an addition of 3GW of residential solar […] Read more
COVID-19 Flattens Q1 Wind Additions in Key Markets: Report Updated On Wed, Jul 15th, 2020 by Saurenergy In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […] Read more
IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June Updated On Mon, Jul 6th, 2020 by Saurenergy The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […] Read more