IEX Clocks 59% YoY Trade Volume Growth during September Updated On Mon, Oct 4th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September’21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September’21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] 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
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
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
Green Certificates Trading Mirrors Power Slowdown with 35% Drop Updated On Mon, May 25th, 2020 by Saurenergy Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68 lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […] Read more
Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
2.51 Lacs Renewable Energy Certificates were traded in December at Indian Energy Exchange Updated On Sat, Dec 31st, 2016 by Saurenergy Renewable Energy Certificates are aimed at providing an easier avenue for various entities to meet their green energy obligations. A total of 251,000 Renewable Energy Certificates were traded in the REC trading session held on 28th December, 2016 at Indian Energy Exchange (IEX). The purchase this month has been on account of few utilities such […] Read more
