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CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […]
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 […]
IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […]
Power sales volume jumped nearly 40% at IEX to 13,835 MU in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. Power sales volume jumped nearly 40 percent at Indian Energy Exchange (IEX) to 13,835 million units (MU) in the January-March period, following which its March quarter consolidated net profit witnessed a significant rise. […]
IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […]
The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]
The drop in the sales of RECs took place within a time period of 1 month as it was around 16.18 lakh in July, 2018. Sales of Renewable Energy Certificates (REC) plunged around 49.34 percent to 8.19 lakh units on the country’s REC Exchanges, Indian Energy Exchange (IEX) and Power Exchange of India (PXIL). The […]
Around 21 lakh solar renewable energy certificates and another 73 lakh non-solar renewable certificates have piled up, remaining unsold till the August trading session of Indian Energy Exchange. It is estimated that only 22K solar certificates and 1.36 lakh non-solar certificates were sold in the session. Solar certificates were sold at Rs. 3500 per certificates […]
The Central Electricity Regulatory Commission, the key regulator under which all power trading at exchanges happens in the country, has issued a suo-motu order that it states will make the markets more efficient, stable and transparent. Background The country’s three power exchanges, namely, IEX, PXIL and HPX enable trading in a variety of contract instruments, […]
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