{"id":583874,"date":"2023-06-12T11:39:11","date_gmt":"2023-06-12T06:09:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=583874"},"modified":"2023-06-12T16:44:24","modified_gmt":"2023-06-12T11:14:24","slug":"cerc-to-initiate-market-coupling-of-power-exchange-decision-receives-mixed-response","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cerc-to-initiate-market-coupling-of-power-exchange-decision-receives-mixed-response\/","title":{"rendered":"CERC to initiate \u2018market coupling\u2019 of power exchange, decision receives mixed response"},"content":{"rendered":"<p>The Union power ministry has directed the Central Electricity Regulatory Commission (CERC) to initiate the process of \u201cmarket coupling\u201d of power exchanges, in order to have uniform prices across multiple exchanges.<\/p>\n<p>While the decision has been hailed by some analysts saying it could improve price discovery, Indian Energy Exchange (IEX), the largest platform handling more than 90% of power deals in India, said it will \u201ckill innovation.\u201d Citing many stakeholders want market coupling of multiple power exchanges, the ministry, in a letter dated June 2, directed the regulator to initiate the process of implementation of market coupling.<\/p>\n<p>\u201cCERC is requested to take suitable action, so that the process of consultation and the finalisation of the construct for its implementation is done expeditiously and the same can be implemented,\u201d the ministry\u2019s letter said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union power ministry has directed the Central Electricity Regulatory Commission (CERC) to initiate the process of \u201cmarket coupling\u201d of power exchanges, in order to have uniform prices across multiple exchanges. While the decision has been hailed by some analysts saying it could improve price discovery, Indian Energy Exchange (IEX), the largest platform handling more than 90% of power deals in India, said it will \u201ckill innovation.\u201d Citing many stakeholders want market coupling of multiple power exchanges, the ministry, in a letter dated June 2, directed the regulator to initiate the process of implementation of market coupling. \u201cCERC is requested [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-583874","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=583874"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583874\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=583874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=583874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=583874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}