Indian Energy Exchange Achieves Highest Ever Monthly Traded Volume in July 2024 with 13.3 BU

Indian Energy Exchange, India's premier electricity exchange, achieved the highest ever total volume of 13,250 MU in July 2024, marking a ~56% year-over-year increase. The electricity volume at 10,093 MU, increased 29% YoY. Green electricity volume during the month at 1 BU, grew 259% YoY. The renewable energy certificates (REC) at 3,150 MU, increased 405% YoY. The REC market recorded an all-time low price in the trading session held on 31% July 2024. The Day-Ahead Market (DAM) volume increased to 5,056 MU in July’24, from 3976 MU in July’23, registering an increase of 27% YoY. The Real-Time Electricity Market (RTM) volume increased to 3,334 MU in July ‘24, from 2540 MU in July'23, registering an increase of 31% YoY. IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 989.6 MU volume during July’24 as compared to 275.4 MU in July’23, registering an increase of 259% YoY.