New Delhi, March 3, 2025: The Indian Energy Exchange (IEX) has announced a robust 9% year-on-year growth in trade volumes, totaling 9,622 million units (MU) in February 2025. The growth reflects increased trading activities across various market segments, reinforcing IEX's role in India's energy landscape.
Renewable Energy Certificates Surge by 167%
A key highlight for the month was the substantial increase in renewable energy certificates (REC) traded. A total of 16.37 lakh RECs exchanged hands during February, marking an impressive rise of 167% compared to the same period last year. The exchange has also scheduled the next REC trading sessions for March 12 and March 26, 2025.
Day-Ahead Market (DAM) Sees 14% YoY Growth
The Day-Ahead Market (DAM), a vital segment of IEX's electricity trading platform, reported a volume of 5,369 MU, up 14% from 4,722 MU traded in February last year. This growth underscores rising demand for short-term electricity procurement solutions among distribution companies and industries.
Real-Time Market (RTM) Grows by 23%
In addition, the Real-Time Electricity Market (RTM) recorded a volume of 2,887 MU in February, showing robust growth of 23% from the 2,340 MU registered in the same month the previous year. The RTM allows entities to balance electricity supply and demand efficiently, which has increasingly become essential in managing grid stability.
Term-Ahead Market (TAM) Declines by 45%
Conversely, the Term-Ahead Market (TAM), which includes Day-Ahead Contingency, daily, weekly, and monthly contracts up to three months, experienced a decline. Trading volumes in this segment fell by 45% year-on-year, recording 814 MU in February 2025.
Green Energy Trading Volumes Nearly Double
Demonstrating increased momentum in green energy trading, the e-Green Day-Ahead Market (G-DAM) traded volumes rose significantly by 95% to 519 MU, up from 266 MU in February last year. The rise reflects growing commitment towards renewable energy adoption among market participants.
