Green Power Board Launched
EghtesadOnline: Iran Energy Exchange (IRENEX) on Monday launched its ‘Green Power Board’ where renewable power plants can sell their output.
The event, attended by the Minister of Energy Ali Akbar Mehrabian, Mahmoud Kamani, head of the Renewable Energy Organization (SATBA), Majid Eshqi, head of the Securities and Exchange Organization and representatives of private power companies.
The first renewable electricity transaction took place with a price of 199,500 rials per kilowatt-hour and a volume of 670 kilowatt-hours, the IRENEX website reported.
By starting renewables trade in the capital market, policymakers seek to create a direct supply-demand market, expand use of renewables and establish a competitive environment for renewables.