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APTEL postpones trading of renewable energy certificates

By : Sustainability ..., Aug 4, 2020

The Appellate Tribunal for Electricity (APTEL...

Renewable Energy Certificate Sales down 50% to 3.49 Lakh in June

By : Sustainability ..., Jul 29, 2020

Sales of renewable energy certificates dipped 50 per cent to 3.49 lakh units in June...

Aluminium Association of India urges CERC to look into markets for renewable energy certificates

By : Sustainability ..., May 28, 2020

The Aluminium Association of India (AAI) has urged the Central Electricity Regulatory Commission to look into the market of Renewable Energy Certificates (REC) which, according to it, is resulting in artificial demand and price increase in the power exchange. AAI vice-...

Green Certificates Trading Mirrors Power Slowdown with 35% Drop

By : Sustainability ..., May 26, 2020

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...

Green certificate sales up 79 per cent at 8.38 lakh units in March

By : Sustainability ..., Apr 13, 2020

Sales of renewable energy certificates rose over 79 per cent to 8.38 lakh units in March compared to 4.68 lakh in the same month a year ago owing to good supply, according to official data. Renewable Energy Certificates (RECs) are a type of market-based instrument. One REC is...

IEX says average spot power prices down 21% in March

By : Sustainability ..., Apr 7, 2020

Indian Energy Exchange (IEX) said electricity prices in spot market declined by 21% in March 2020 even as there was a 18% surge in trade volume. IEX saw a trade of 4,291 million units (MU) - the Day-Ahead Market (DAM) traded 3,971 MU during March 2020 and saw 18% year-on-year...

Power Trade at IEX Grew by 57% in February, REC Sales Increased

By : Sustainability ..., Mar 5, 2020

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 said the increase in trade volume was mainly due to distribution utilities opting for...

Govt plans to restrict coal supply to Andhra Pradesh

By : Sustainability ..., Jan 13, 2020

The Centre is considering restriction of coal supplies and all sanctioned loans and funding to Andhra Pradesh from central public sector units (PSUs) such as Power Finance Corp. Ltd (PFC) and REC Ltd, if the state government refuses to reconsider its decision to revise...

Renewable energy certificate sales down 10 per cent to 5.04 lakh in December

By : Sustainability ..., Dec 30, 2019

Sales of renewable energy certificates fell around 10 per cent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two...

Power Exchange bets on renewable energy; to focus on revival of REC market

By : Sustainability ..., Dec 27, 2019

Power Exchange India Limited (PXIL), the power trading platform of National Stock Exchange (NSE), is putting its bets on renewable energy after its re-launch. It will focus on reviving the Renewable Energy Certificates (REC) market which has been facing tepid interest from...