Power Exchanges News Today

The Central Electricity Regulatory Commission has issued directives to power exchanges to prohibit manual entry of bids on behalf of members during or after trading hours and to reject any bids submitted after trading hours. It has also ordered audits of the processes and software of the exchanges to ensure compliance with the Power Market Regulations 2021. Additionally, the commission has disallowed extensions to trading hours except in cases identified by the system operator.

Market coupling is a model where buying and selling of bids for all three power exchanges will be aggregated into a uniform market clearing price.

Union Minister for Power and New & Renewable Energy R.K. Singh told the Parliament on Thursday that the losses of DISCOMs have reduced substantially and the country's power sector has become viable.The Aggregate Technical & Commercial ...

/PRNewswire/ -- President and CEO Manu Asthana announced today a series of organizational changes that will best equip PJM to maintain reliability and...

On August 3, 2023, China’s National Development and Reform Commission (NDRC), the Ministry of Finance (MoF), and the National Energy Administration (NEA) jointly issued the “Notice on...

The power sector is the backbone of economic development. It attracts substantial investments and serves as an indispensable public utility. Recent discussions revolving around market coupling in the power sector have raised concerns regarding its...

The report of the group on Development of Electricity Market in India 2023, which was headed by former secretary for power Alok Kumar, also stated that market coupling ensures bids and offers are combined to discover a single uniform market clearing price for a zone/bidding area

Nepal and Bhutan have traded 4.41 billion units of electricity in the Indian Energy Exchange (IEX) ever since Indias Cross Border Electricity Trade (CBET) rules were notified in 2021.

The Government has taken several steps to increase the domestic production of Coal and reduce the import of coal. The focus of the Government is on increasing the domestic production of coal and to eliminate non-essential import of coal in the countr

The move is a step towards the governments intention to shift Indias electricity trading from long-term (25 years) power purchase agreements (PPAs) to electricity markets (exchanges) and shorter PPAs of up to 12-15 years. It also means the government has revived its plan to introduce Market-Based Economic Dispatch (MBED) mechanism in India.