The start of green electricity transactions in the Energy Exchange – Tejaratnews
According to Tejarat News, Ali Naqvi stated: Since a long time ago, the issue of making electricity from renewable power plants tradable was on the agenda of the Energy Exchange. The stock market will be traded.
The CEO of Iran Energy Exchange listed the difference in the electricity pricing system of renewable and thermal power plants as well as the small capacity of renewable power plants in relation to the total electricity produced in the country as two of the challenges of the electricity market and stated: “We hope that with the launch of the renewable energy market in the Iran Energy Exchange, we will see Increase the attractiveness of investing in this sector.
Solutions of the energy exchange for the attractiveness of the electricity transaction
Stating that two solutions have been designed in the Iran Energy Exchange, Naqvi continued: One plan is to design a virtual power plant. It means that a group of power plants should be consolidated and a power plant should be listed on the stock exchange, and the other plan is to issue a renewable certificate (REC), and the infrastructure of both plans has been prepared in the Iran Energy Exchange.
He further pointed to the necessity of determining the task of power plant fuel and said: One of the serious suggestions is that if we free the fuel rate of power plants and in return allow them to sell their electricity competitively and according to their efficiency (which Power plants will have different electricity prices according to their efficiency), while modifying their financial structure, there will be a more appropriate saving in the fuel of thermal power plants. At the same time, industries also get more stable sources of electricity.
Naqvi said about the tools of Iran Energy Exchange for financing renewables: standard parallel promissory notes, project fund and savings certificate of financing are among the tools of Iran Energy Exchange for financing renewables.
Types of savings certificates
CEO of Iran Energy Exchange listed two types of realized savings certificate and financing savings certificate and added: Realized savings certificate is used in projects in which savings have been made and then the savings certificate is allocated.
He added: the certificate of saving financing is also such that this certificate is issued at the beginning of the project leading to saving, by obtaining the necessary guarantees, so that the investor with the motivation of financing can sell these certificates in the stock market within the framework of the forward contract, and at the end of the period, Take over the savings made.
According to Naqvi, all the stages of setting up the realized savings certificate in the exchange and other related organizations and institutions have been completed and it has been designed with the cooperation of Satba and its infrastructure network management, but it is necessary for Tawanir to send an application for acceptance to the Iran Energy Exchange and guarantee provide the necessary The concern that the buyers of these certificates have is that the delivery will not take place on its due date or will not be applied to their bills.
CEO of Iran Energy Exchange said: We hope that the necessary measures will be taken by Tawanir and the National Gas Company of Iran soon.