India’s Carbon Market Takes Shape: From Policy Blueprint to Trading Reality
Laying the Groundwork: The Law That Started It All India has moved from pilots and intent to an operational design for a national carbon market. The legal foundation sits in the Energy Conservation (Amendment) Act, 2022, under which the government is
Regional REC Dynamics: Why Some States Drive Demand While Others Lag
Renewable Energy Certificate (REC) demand in India isn’t uniform. Some states consistently drive trading activity, while others barely participate. The reasons behind this divergence go beyond the statistics. Regulatory enforcement, industrial structures and the evolution in the way state markets
India Energy Stack: Powering the Digital Grid of the Future
India’s electricity exchanges which were once plain trading platforms are fast becoming engines of market reform. Short-term power markets, including all channels such as power exchanges, bilateral trades, direct contracts, and DSM, accounted for about 12.5% of India’s total electricity
Analysis of RECs trading – June 29, 2022 session
RECs trading took place today on both the power exchanges. During the June trade session, RECs worth Rs 98 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 6,30,822
Analysis of RECs trading – May 25, 2022 session
RECs trading took place today on both the power exchanges. During the May trade session, RECs worth Rs 57 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 252,589
CERC Makes Drastic Changes in the REC Mechanism
In a recent notification, CERC (Central Electricity Regulatory Commission) published new REC regulations. These regulations differ in many significant ways from the existing REC regulations. A brief summary is provided below: It is important to note that these regulations, though final, are
Analysis of RECs trading – April 27, 2022 session
RECs trading took place today on both the power exchanges. During the April trade session, RECs worth Rs 55.40 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 331,284
Analysis of REC Trading – March 30, 2022 session
RECs trading took place today on both the power exchanges. During the March trade session, RECs worth Rs 97 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC (floor price) at both the exchanges. A total of 342,067
Analysis of RECs trading – Feb 23, 2022 session
RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). During the February trade session, RECs worth Rs 102 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price) INR and
Analysis of RECs trading – Jan 27, 2022 session
RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). The January trade session again saw significant volume, with RECs worth Rs 182 crores being transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX