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Business Standard
9 hours ago
- Business
- Business Standard
IEX achieves 14% YoY growth in electricity traded volume in May'25
Indian Energy Exchange achieved monthly electricity traded volume of 10,946 MU in May'25, marking a 14% increase on year-on-year basis. A total of 17.43lakh Renewable Energy Certificates were traded during the month, marking a 65% year on year increase. According to government data published in May 2025, the country's energy consumption stood at 148.7 BUs, marking a 4% decline compared to the previous year. Unseasonal rains and the early onset of the monsoon kept temperatures lower than usual, leading to reduced electricity demand. Concurrently, increased hydro, wind, and thermal generation resulted in higher supply liquidity on the exchange platform which led to a substantial drop in DAM and RTM prices. The Market Clearing Price in the Day Ahead Market at Rs 4.12/unit during May 2025, declined 22% year-on-year. Similarly, the Market clearing price in the Real Time Market at Rs 3.43/unit during May 2025, declined 28% year-on-year. These prices presented an opportunity for Discoms and Commercial & Industrial consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges. ELECTRICITY MARKET: DAY- AHEAD, TERM- AHEAD & REAL-TIME MARKET The Day-Ahead Market (DAM) achieved 3,510 MU volume in May'25 as compared to 4,371 MU volume in May'24, decline of 20% YoY. The Real-Time Electricity Market (RTM) reported highest ever monthly traded volume in May'25. The RTM volume increased to 4,770 MU in May'25, from 3,352 MU in May'24, registering an increase of 42% YoY. Day Ahead Contingency and Term-Ahead Market (TAM), comprising of contingency, daily & weekly and monthly contracts up to 3 months, traded 1,684 MU in May'25 as compared to 1,221 MU volume in May'24, an increase of 38%YoY. GREEN MARKET: GREEN DAY-AHEAD & GREEN TERM-AHEAD MARKET IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 915 MU volume during May'25 as compared to 622 MU in May'24, registering an increase of 47 % YoY. The weighted average price in Green Day-Ahead Market (G-DAM) for May'25 was Rs 3.59/unit. A total of 17.43 lakh RECs were traded in the trading sessions held on 14th May'25 and 28th May'25, at a clearing price of Rs.345/REC and Rs. 349/REC respectively. REC traded volume in May'25 increased by 65% on YoY basis.
Time of India
10 hours ago
- Business
- Time of India
IEX electricity trade volume jumps 14% to 10,946 MU in May
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Indian Energy Exchange (IEX) on Wednesday said it has logged over 14 per cent growth in electricity traded volume at 10,946 million units (MU) in May as compared to the year-ago had achieved monthly electricity trade volume of 9,568 MU in May 2024, the company data showed.A total of 17.43 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 65 per cent year-on-year increase, an IEX statement clearing price in the Day Ahead Market was at Rs 4.12/unit during May 2025, a decline of 22 per cent year-on-year. Market clearing price in the Real Time Market fell 28 per cent year-on-year at Rs 3.43/unit last Day-Ahead Market (DAM) achieved 3,510 MU volume last month as compared to 4,371 MU volume in May 2024, a decline of 20 per Real-Time Electricity Market (RTM) reported highest ever monthly traded volume in May 2025 when the volume increased to 4,770 MU from 3,352 MU a year ago, an increase of 42 per Ahead Contingency and Term-Ahead Market (TAM), comprising contingency, daily & weekly and monthly contracts up to 3 months, traded 1,684 MU in May 2025 as compared to 1,221 MU a year ago. IEX Green Market , comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 915 MU volume during the month under review as compared to 622 MU in May weighted average price in Green Day-Ahead Market (G-DAM) for May 2025 was Rs 3.59/unit.
Time of India
10 hours ago
- Business
- Time of India
IEX logs 10,946 MU traded volume in May; REC trades up 65% YoY
New Delhi: Indian Energy Exchange ( IEX ) recorded a total electricity traded volume of 10,946 million units (MU) in May 2025, reflecting a 14 per cent increase over the same month last year. The Renewable Energy Certificates (REC) market reported 17.43 lakh units traded, registering a 65 per cent year-on-year increase. Government data for May 2025 pegged total energy consumption at 148.7 billion units (BUs), down 4 per cent year-on-year. The decline in demand was attributed to unseasonal rains and early monsoon, which led to lower temperatures. Increased generation from hydro, wind, and thermal sources enhanced supply liquidity, resulting in reduced Market Clearing Prices. In the Day-Ahead Market (DAM), the Market Clearing Price fell 22 per cent year-on-year to Rs 4.12 per unit, while the Real-Time Market (RTM) price dropped 28 per cent to Rs 3.43 per unit in May 2025. Lower prices facilitated cost-effective procurement of power by discoms and commercial and industrial (C&I) consumers. The Day-Ahead Market traded 3,510 MU in May 2025, compared to 4,371 MU in May 2024, a decline of 20 per cent year-on-year. The Real-Time Market (RTM) recorded its highest-ever monthly volume at 4,770 MU, up 42 per cent from 3,352 MU in May 2024. The Day-Ahead Contingency and Term-Ahead Market (TAM), comprising contingency, daily, weekly, and monthly contracts up to three months, traded 1,684 MU in May 2025, up from 1,221 MU in May 2024, marking a 38 per cent increase. The Green Market , including Green Day-Ahead Market (G-DAM) and Green Term-Ahead Market (G-TAM), reported a total traded volume of 915 MU in May 2025, up 47 per cent from 622 MU in May 2024. The weighted average price in G-DAM stood at Rs 3.59 per unit. In the REC market, a total of 17.43 lakh certificates were traded in sessions held on May 14 and May 28 at clearing prices of Rs 345 and Rs 349 per REC, respectively. The next REC trading sessions are scheduled for June 11 and June 25.
Mint
11 hours ago
- Business
- Mint
IEX electricity trade volume rises 14 pc to 10,946 million units in May
New Delhi, Jun 4 (PTI) The Indian Energy Exchange (IEX) on Wednesday said it has logged over 14 per cent growth in electricity traded volume at 10,946 million units (MU) in May as compared to the year-ago period. IEX had achieved monthly electricity trade volume of 9,568 MU in May 2024, the company data showed. A total of 17.43 lakh Renewable Energy Certificates (RECs) were traded during the month, marking a 65 per cent year-on-year increase, an IEX statement said. Market clearing price in the Day Ahead Market was at ₹ 4.12/unit during May 2025, a decline of 22 per cent year-on-year. Market clearing price in the Real Time Market fell 28 per cent year-on-year at ₹ 3.43/unit last month. The Day-Ahead Market (DAM) achieved 3,510 MU volume last month as compared to 4,371 MU volume in May 2024, a decline of 20 per cent. The Real-Time Electricity Market (RTM) reported highest ever monthly traded volume in May 2025 when the volume increased to 4,770 MU from 3,352 MU a year ago, an increase of 42 per cent. Day Ahead Contingency and Term-Ahead Market (TAM), comprising contingency, daily & weekly and monthly contracts up to 3 months, traded 1,684 MU in May 2025 as compared to 1,221 MU a year ago. IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 915 MU volume during the month under review as compared to 622 MU in May 2024. The weighted average price in Green Day-Ahead Market (G-DAM) for May 2025 was ₹ 3.59/unit.
Business Upturn
13 hours ago
- Business
- Business Upturn
IEX May Business Update: Electricity traded volume up 14% YoY at 10,946 MU
Indian Energy Exchange (IEX) reported a strong performance for May 2025, with total monthly electricity traded volume rising 14% YoY to 10,946 million units (MU). By Markets Desk Published on June 4, 2025, 08:24 IST Indian Energy Exchange (IEX) reported a strong performance for May 2025, with total monthly electricity traded volume rising 14% YoY to 10,946 million units (MU). The growth was supported by robust activity across the Day-Ahead, Real-Time, and Term-Ahead Markets, the company said. A total of 17.43 lakh Renewable Energy Certificates (RECs) were traded in the month, marking a 65% YoY increase. Government data published in May showed India's energy consumption stood at 148.7 BU, a 4% decline YoY, due to unseasonal rains and an early monsoon which reduced demand for electricity. Improved hydro, wind, and thermal generation also boosted supply, contributing to a drop in market prices. During May, the Market Clearing Price in the Day-Ahead Market (DAM) averaged ₹4.12/unit, down 22% YoY, while the Real-Time Market (RTM) clearing price averaged ₹3.43/unit, down 28% YoY. Segment-wise trends: Day-Ahead Market (DAM): Traded 3,510 MU, down 20% YoY. Real-Time Market (RTM): Achieved record monthly volume of 4,770 MU, up 42% YoY from 3,352 MU in May 2024. Day Ahead Contingency & Term-Ahead Market (TAM): Rose 38% YoY to 1,684 MU, up from 1,221 MU in May 2024. IEX said that the improved market liquidity and lower prices have presented a valuable opportunity for discoms and commercial & industrial consumers to meet their power demand more cost-effectively via the exchange. Markets Desk at
