IEX Achieves 12,983 MU Monthly Electricity Traded Volume in May; DAM Price Jumps Over 18%
Indian Energy Exchange (IEX) recorded a robust monthly electricity traded volume of 12,983 MUs in May 2026, marking an increase of 18.6% year-on-year. The exchange platform provides crucial price discovery for the nation's power market, as indicated by strong demand surges and rising average prices across key segments during the month.During May 2026, India's energy consumption reached 164.98 BUs, reflecting an 11.5% growth year-on-year. The country's peak power demand surged to an all-time high of 270.82 GW. In the Day-Ahead Market (DAM), increased consumer appetite drove buy bids up 77% year-on-year, while sell bids rose by 30% YoY. This led to a significant increase in the average market clearing price in DAM at Rs 4.88/unit, which is an 18.3% rise compared to the previous year. The average Real-Time Market (RTM) clearing price stood at Rs 4.16/unit, up 21.2% YoY.
Key Market Segment Performance
The performance across various electricity markets highlights steady growth in demand and operational activity:| Market Segment | May '26 Volume (MU) | May '25 Volume (MU) | Year-on-Year Change (%) |
|---|---|---|---|
| Day-Ahead Market (DAM) | 4,417 | 3,535 | 24.9% |
| Real-Time Market (RTM) | 5,529 | 4,770 | 15.9% |
| Term-Ahead/Contingency Market (TAM) | 2,004 | 1,726 | 16.1% |
The Green Day-Ahead and Green Term-Ahead market segment saw a volume of 1,034 MU in May '26, up from 915 MU in May '25, representing a 13% year-on-year increase. The weighted average price for the Green Day-Ahead Market (G-DAM) was Rs 3.60/unit, remaining largely flat on a year-on-year basis.
Renewable Energy Certificate Trends
The Renewable Energy Certificate (REC) market saw 6.10 lakh RECs traded in May '26, which constitutes a decline of 65% YoY. Trading sessions were conducted on May 13 and May 29. The clearing price for RECs was Rs 400/REC. A steep decline of 85.3% in sell bids contributed to the rise in clearing prices during May 2026. The exchange has scheduled its next REC trading sessions for June 10 and June 24.IEX operates as a premier energy exchange, providing an automated platform that enables efficient price discovery and enhances market transparency for physical delivery of electricity, renewable energy, and associated certificates across India.
IEX Stock Price Movement
Today, Indian Energy Exchange Limited shares shed 1.46%, closing at ₹123.28 in post-market trading. The stock traded within a session range of ₹122.50 and ₹125.96, with total volume reaching over 4.33 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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