IEX June Update- Prices Hold Steady As Demand Rises Updated On Wed, Jul 3rd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved electricity volume of 10,185 MU in June’24, marking a 24.7% year on year increase. The total monthly volume including certificates at 10,677 MU, increased 19.4% on year-on-year basis. For the first quarter of the fiscal year 2025, IEX achieved electricity volume of 28,178 MU, an increase […] Read more
Bhutan Makes A Serious Push For Solar In 2024-25 Updated On Tue, Jun 18th, 2024 by Saurenergy Bhutan, one of the world’s few carbon negative countries, hasn’t felt the urgency to add more renewables to its significant hydropower resources until now. In its 2024-25 budget report, the country has finally made a serious start to plans to add other renewables, notably solar and wind energy to its energy mix. The document, which […] Read more
IEX FY24 and March Update- Overall Volumes Up, Green Market Volumes Slump Updated On Thu, Apr 4th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange, achieved 110 BU in FY’24, registering an increase of 13.8% on YoY basis. Electricity volumes at 101.7BU increased 12% YoY. Additionally, 75.39 lac RECs (equivalent to 7,539 MU) were traded during FY’24. REC traded volume in FY’24 increased 26% on YoY basis. The Government undertook several measures […] Read more
IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
CERC Moves On Pilot Project For Market Coupling Updated On Wed, Feb 7th, 2024 by Saurenergy Reports have confirmed that the Central Electricity Regulatory Commission (CERC) has ordered for a shadow pilot on market coupling of India’s power exchanges. The news confirms what has been suspected for long, that despite protestations of IEX the premier power exchange, and many other stakeholders, the government is determined to push ahead with market coupling […] Read more
January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Indore-Based EKI Power Gets Nod For ISTS Power Trading Licence Updated On Wed, Nov 15th, 2023 by Saurenergy Indore-based EKI Power Trading Limited today received approval for a licence from the Central Electricity Regulatory Commission (CERC) for commencing transmission of power under the Inter-State Transmission System (ISTS). The decision from the central commission came when the firm moved the CERC seeking its approval for a licence of electricity transmission. The company was incorporated […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
