INSUBCONTINENT EXCLUSIVE:
The highest single-day volume of 67.5 MU was achieved on December 3.New Delhi: Indian Energy Exchange (IEX) registered a 24 per cent growth
in trade volume to 9,035 million units (MU) in December across all market segments
IEX achieved 9,035 MU volume last month, registering 24 per cent year-on-year growth.According to the company's statement, IEX traded
9,035 MU cleared volume in December 2021, comprising 7,285 MU in the conventional power market; 365 MU in the green power market and 1,385
MU (13.85 lakh certificates) in the REC (renewable energy certificate) market.Overall, the exchange achieved 24 per cent year-on-year volume
growth in December 2021 across all its market segments
For the third quarter of fiscal 2021-22, IEX has recorded 27,677 MU volume and achieved 37 per cent year-on-year growth across all its
The day-ahead market volume at 5,423 MU saw a 15 per cent month-on-month increase and a 3 per cent year-on-year decline.The average market
clearing price at Rs 3.54 per unit in December 2021 witnessed a 15 per cent month-on-month and 25 per cent year-on-year rise
For the October-December quarter of the fiscal,, the day-ahead market traded 16,710 MU and registered a five per cent year-on-year
growth.On January 1, 2022, Bhutan commenced trade in the day-ahead market through Druk Green Power Corporation
Besides Nepal and Bhutan, IEX has been working with stakeholders in Bangladesh to facilitate its participation towards reinforcing the
cross-border electricity trade and building an integrated South-Asian regional power market.The term-ahead market comprising intra-day,
contingency, daily and weekly contracts, traded 350 MU during the month
Cumulatively, for the third quarter, the term-ahead market traded a total of 878 MU and registered a 2 per cent year-on-year decline.The
real-time electricity market (RTM) achieved 1,512 MU volume and saw a significant 34 per cent year-on-year growth, with the average monthly
price at Rs 3.61 per unit.The highest single-day volume of 67.5 MU was achieved on December 3
For the third quarter, the market achieved a cumulative 4,822 MU volume and registered a robust 70 per cent year-on-year growth.In December
2021, 557 participants transacted in the exchange's RTM market
The consistent growth in volumes in this market segment has been indicative of the significance of this segment for both distribution
utilities and industries in balancing real-time power demand-supply requirements.IEX Green Market comprises the day-ahead and term-ahead
During December 2021, 365 MU volume was traded and cleared in both segments
For the third quarter, the market achieved 1,194 MU volume registering a growth of 158 per cent year-on-year.Key distribution utilities from
states, including Delhi, Himachal Pradesh, Haryana, Punjab, Uttar Pradesh, Telangana, Karnataka, Andhra Pradesh, Maharashtra, Gujarat, West
Bengal, and Assam, as well as several industrial consumers, participated in the exchange's green market during December 2021.A total of
13.85 lakh renewable energy certificates were cleared in the trading session held on the Exchange on December 29, 2021.
