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Electricity Market

IEX September Update- Green Market Grows 214% Growth

The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […]

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CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24

The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […]

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Oxford PV’s Tandem Solar Panels Enter US Market For Commercial Use

Oxford PV, a UK-based solar cell manufacturer, recently began commercializing its tandem solar technology, which is 20% more powerful, with the first shipment to a US-based customer. The 72-cell panels are comprised of Oxford PV’s proprietary perovskite-on-silicon solar cells, which can produce up to 20% more energy than a standard silicon panel. These solar cells […]

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IEX’s August Power Market Update

The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […]

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Sales Strategy – Sales & Marketing

Responsibilities:- Work with all teams in sales and marketing department to gather market intelligence and prepare a monthly report for circulation to senior management and promoters. Coordinate between CMO and other HODs and also with other internal/ external stakeholders. Prepare MIS reports, MOMs, managing database and information flow as per the requirements of the department. […]

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Programme Associate – Power Markets

CEEW seeks to hire a candidate to conduct research on the interface of electric vehicles (EVs) and power systems. The candidate is expected to conduct qualitative and quantitative research on the power system-related challenges and opportunities of expanding the EV charging infrastructure for various vehicle segments. The role will also involve extensive engagement with government, […]

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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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Power Market Update- REC Market Records All-Time Low Price In April

Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […]

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Wind Turbine Nacelle Market Estimated To Reach $40.3 Billion By 2033: Report

The “wind turbine nacelle market” is estimated to reach $40.3 billion by 2033, it was valued at $22.3 billion in 2023, growing at a CAGR of 6.3% from 2024 to 2033, according to a report by Allied Market Research. According to the Allied Market Research report, the global wind turbine nacelle market has experienced growth […]

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