Latest news with #electricitytrading
Bloomberg
05-08-2025
- Business
- Bloomberg
Scatec, Stanlib JV Lyra Gets South Africa Power Trading License
Lyra Energy, a renewable energy platform supplying power to industries, has been granted an electricity trading license in South Africa. The venture between Scatec ASA and Stanlib Asset Management Pty Ltd., with Standard Bank Group Ltd. as a debt funder, was awarded the license by the National Energy Regulator of South Africa, Lyra said in a statement.
Zawya
24-07-2025
- Business
- Zawya
India to start market coupling for power exchanges from January
India's power regulator on Wednesday said it had decided to begin implementing market coupling in a phased manner for electricity trading from January. Market coupling is an economic model used in energy markets to create a single, uniform price for electricity across different trading platforms or exchanges. The regulator's move is aimed at improving price discovery and system efficiency. The Central Electricity Regulatory Commission (CERC) said in an order that the day-ahead market segment of all power exchanges will be coupled using a common system. Under the new system, power exchanges will take turns acting as the market coupling operator. Grid-India will serve as a backup and audit operator. The CERC said it would consider coupling the real-time market and other segments like the term-ahead market at a later stage, after more pilot runs and consultations. All power exchanges have been directed to share data with Grid-India and the CERC to support the rollout, the regulator said. The CERC said it would issue further orders based on the progress of implementation. Currently, the Indian Energy Exchange is the country's most prominent platform for electricity spot price discovery. However, with the introduction of market coupling, other power exchanges will also act as market couplers.
