Indian Energy Exchange (IEX) has achieved 7805 MU volume in August 2022, registering a 9% month-on-month (MoM) growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU in the REC Market. The total volume in August 2022 was lower by 18% on Year-on-Year (YoY) basis. The average clearing price in Day Ahead market increased 2% (YoY), from Rs 5.06 per unit in August 2021 to Rs 5.17 in August 2022. The supply side constraints continued due to high prices of imported coal, fuel shortage and increased e-auction prices.
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.