In Short : India will begin carbon credit trading within four months, Union Power Minister Manohar Lal announced, marking a major step toward operationalizing the domestic carbon market. The initiative aims to price emissions, encourage cleaner technologies, and support climate commitments. The trading framework will enable industries to buy and sell credits, mobilize green investments, […]
IGX and CEGH sign MoU to boost natural gas and renewable energy trading – EQ
In Short : The Indian Gas Exchange (IGX) has signed an MoU with Austria’s Central European Gas Hub (CEGH) to enhance the trading of natural gas and renewable gases, including hydrogen and biomethane. The partnership aims to boost India’s gas market by leveraging CEGH’s expertise and IGX’s market knowledge, focusing on market development, training, and […]
Application under Sections 14 and 15 (1) of the Electricity Act, 2003 read with Regulation 6 of the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of trading licence and other related matters) Regulations, 2020 for grant of an inter-State trading licence-EQ
Application under Sections 14 and 15 (1) of the Electricity Act, 2003 read with Regulation 6 of the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of trading licence and other related matters) Regulations, 2020 for grant of an inter-State trading licence-EQ For more information click the below link –
December spot power price falls 3 pc to Rs 2.83 per unit
It added that this consequently led to an attractive average market clearing price of Rs 2.83 per unit which saw a 3 per cent y-o-y decline New Delhi: Average spot power price fell 3 per cent year-on-year to Rs 2.83 per unit in December 2020, compared to the year-ago month, the Indian Energy Exchange (IEX) […]
IEX expands Green Market – introduces new contracts to enable renewable energy trade on the same day and up to 11 days ahead
~The two newly introduced green contracts, Daily and Weekly, are in addition to already operational Intra-day and Day-Ahead Contingency (DAC) contracts in the Green Market ~ ~Within 102 days of commencement, Green Market has traded 459 MU volume comprising 404 MU traded in Solar and 55 MU traded in Non-Solar segments~ New Delhi: The Indian […]
Green certificate sales down 55 per cent to 3.33 lakh in May
NEW DELHI: Sales of renewable energy certificates dropped over 55 per cent to 3.33 lakh units in May compared to 7.5 lakh in the same month a year ago, according to official data. Renewable energy certificate (REC) is a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated […]
China to stop subsidy for offshore renewables, eyes 2021 start for green quota trading
The move comes as China, whose renewable power installations make up about 41 per cent of total energy capacity, aims to cut a backlog of subsidy payments exceeding 100 billion yuan ($14.5 billion) and achieve “grid price parity” BEIJING : China will halt subsidies for new offshore wind power and concentrated solar power (CSP) projects and adopt a green certificate […]