IEX Seeks Approval To Launch Green Real-Time Market For Renewable Energy

The Indian Energy Exchange (IEX) has filed a petition with the Central Electricity Regulatory Commission (CERC) seeking approval to introduce a green real-time market (G-RTM).

The proposed market would allow renewable energy developers to trade surplus electricity on an hourly basis while distinguishing it from conventional sources. Currently, the existing real-time market (RTM) does not differentiate between conventional and renewable power, offering no specific benefits to green energy sellers or buyers. IEX stated that several stakeholders have shown interest in the introduction of G-RTM.

If approved, the move could support compliance with renewable purchase obligations and facilitate trade in green power without relying solely on certificates.