Google– Indian Energy Exchange reported a 26.1% YoY rise in total volumes in January 2024, reaching 10,893 million units.
– The country’s energy consumption also increased by 6% YoY.
– The day-ahead market volume increased by 13.2% YoY, while the real-time electricity market volume increased by 13.2% YoY.
– Day-ahead contingency and term-ahead market traded 1,217 MU during January ’24, higher by 34.9% YoY basis.
– The IEX Green Market achieved a 236 MU volume during January ’24.
– A total of 15.20 lac RECs were traded at a clearing price of Rs. 360/REC.
Originally published on Saur Energy