📊 IEX Power Market Highlights - December 2024

📊 IEX Power Market Highlights - December 2024

✅ Indian Energy Exchange (IEX) achieved its highest-ever monthly electricity traded volume of 11,132 MU, recording a 29% YoY increase.

✅ The Green Market recorded a significant 236% YoY growth, indicating rising demand for renewable energy solutions.

✅ IEX traded 16.62 lakh Renewable Energy Certificates (RECs) in December 2024, a 58% YoY increase in volume.

📈 Q3 FY25 Key Performance Indicators

🔹 Total electricity traded volume: 30,464 MU (up 16% YoY)
🔹 Average Day Ahead Market (DAM) price: ₹3.71/unit (down 26% YoY)
🔹 REC traded volume: 26.52 lakh RECs (up 31% YoY)

📉 Price Updates

• The Day Ahead Market (DAM) price for December 2024 stood at ₹3.89/unit, reflecting a 14% YoY decrease.
• This price reduction provided cost-saving opportunities for Discoms and Open Access consumers.

💡 Additional Insights

🔹 The Real-Time Market (RTM) saw a 32% YoY increase, reaching a volume of 3,180 MU.
🔹 The Green Day-Ahead Market (G-DAM) achieved a remarkable 252% YoY growth with 763 MU volume.

📜 Disclaimer:
This post is for informational purposes only and should not be considered as financial or investment advice.
Please conduct your own research or consult a professional advisor before making any investment decisions.