The Indian Energy Exchange achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month. According to the power demand data published by the National Load Dispatch Center, the energy consumption at 112.67 BU saw 2.43 % YoY growth while the national peak demand at 192.07 GW saw 1.09 % YoY growth during Jan’22.
The consistent growth in volumes in Real-time Electricity Market indicatives the significance of this segment for both distribution utilities and industries in balancing real-time power demand-supply requirements. IEX Green Market achieved 280 MU volume in both day-ahead and term-ahead market segments during January’22. Key distribution utilities from States including Delhi, Himachal Pradesh, Uttar Pradesh, Telangana, Karnataka, Daman & Diu, and Bihar as well as several industrial consumers participated in the Exchange’s Green Market during the month. A total of 11.26 lacs Renewable Energy Certificates were also cleared in the trading session held on Thursday, 27 January’22 on the Exchange.