Market News
2 min read | Updated on January 06, 2025, 10:21 IST
SUMMARY
According to government data published in December 2024, the country's energy consumption reached 130.40 BUs,an increase of nearly 6% compared to the previous year. During the month, the Day Ahead Market segment at IEX recorded a robust around 57% year-on-year increase in supply-side volumes.
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IEX achieved the highest-ever monthly electricity traded volume in December; shares traded higher
Indian Energy Exchange (IEX) achieved the highest-ever monthly electricity traded volume of 11,132 million units (MU) in December 2024, marking a 29% YoY increase. During the month, IEX traded 16.62 lakh renewable energy certificates, recording a 58% YoYincrease.
For the nine months of the fiscal year 2025, IEX achieved an electricity traded volume of 88,981 MU, marking a 19% year-on-year increase. For the third quarter of the fiscal year 2025, IEX achieved an electricity traded volume of 30,464 MU, marking a 16% year-on-year increase. During the quarter, IEX traded 26.52 lakh renewable energy certificates recording a 31% year on year increase.
According to government data published in December 2024, the country's energy consumption reached 130.40 BUs, increase of nearly 6% compared to the previous year. During the month, the Day Ahead Market segment at IEX recorded a robust around 57% year-on-year increase in supply-side volumes.
The Day-Ahead Market (DAM) achieved 6,674 MU volume in Decemeber 2024 as compared to 4,798 MU volume in December 2023, an increase of 39% YoY. The DAM segment registered total volumes of 16,712 MU during Q3 FY25, an increase of 14% over Q3 FY24.
IEX is India’s premier energy exchange, providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy, and certificates, including renewable energy certificates and energy-saving certificates.
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