2024 Indian Energy Exchange reported 24% YoY volume growth, electric volume up 21%, RECs doubled, and DAM/RTM saw 33%/34% increases.

In September 2024, the Indian Energy Exchange (IEX) reported a 24% year-on-year growth in total monthly volume, reaching 11,370 MU. Electricity volume, including green energy, rose by 21% to 10,332 MU, while renewable energy certificates (RECs) doubled to 1,031 MU. The Day-Ahead Market (DAM) volume increased 33%, and the Real-Time Market (RTM) achieved a record 3,913 MU, marking a 34% rise. The REC market saw prices drop to a historic low of Rs 110 per certificate.

October 07, 2024
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