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IEX reports 16% YoY growth in electricity trading for November 2024

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The Indian Energy Exchange (IEX) recorded a 16% year-on-year increase in electricity traded volume, reaching 9,689 MU in November 2024. This growth was supported by increased market participation and competitive pricing.  The Day-Ahead Market (DAM) traded 5,651 MU, marking a 9.8% YoY increase, while the Real-Time Market (RTM) achieved 3,019 MU, reflecting a 28% YoY rise. The Green Market experienced significant growth, with volumes reaching 818 MU, a 332% YoY increase.  The Green Day-Ahead Market…

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IEX records 4% increase in traded electricity volume in October 2024

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The Indian Energy Exchange (IEX) reported a traded electricity volume of 9,642 million units (MU) in October 2024, marking a 4% year-on-year growth. IEX also traded 4.44 lakh renewable energy certificates (RECs) in October, a notable 105% increase from the previous year. India’s energy consumption for October reached 140.4 billion units (BUs), a 1% increase from the previous year, according to government data. The Market Clearing Price in the Day-Ahead Market (DAM) fell 39% year-on-year…