Guy Spier
@gspier
Joined Oct 25, 2023
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Power trading: Govt asks regulator CERC to begin process for coupling power exchanges
In the present scenario, buyers and sellers at each exchange do trading of electricity and discover spot price separately at these exchanges
June 10, 2023 07:34 pm | Updated 10:35 pm IST - NEW DELHI
PTI
The power ministry has asked Central Electricity Regulatory Authority (CERC) to initiate the process of coupling multiple power exchanges, a mechanism which seeks to ensure uniformity in price discovery of energy at trading platforms.
An IEX spokesperson said, “Today in India we have a voluntary market framework where all exchanges have equal opportunities. Market coupling is done to couple different markets operating in different geographies, which is not applicable in our case.” The spokesperson explained that in India all the regions are already coupled and the country has one market and one price.