Indian Energy Exchange (IEX) has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market, with a decline of 1.7% across all market segments on YoY basis.
According to the power demand data published by the National Load Dispatch Center, during July 2022 the energy consumption at 128 BU saw 2.3% YoY growth whereas there was a decline of 4% w.r.t June 2022. The national peak demand at 190 GW was lower by 5% YoY and 10% lower on MoM basis due to good monsoon spell. Because of the reduction in demand, the clearing price in the Day- Ahead Market reduced to Rs 5.41 per unit in July 2022 from Rs. 6.49 per unit in June 2022.
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 as well as the energy saving certificates.
