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IEX reports 18.6% May electricity volume growth

Created at 4 Jun · 6:37 AM1 source↑ Market-relevant
IN SHORT

India's energy exchange IEX reported an 18.6% year-over-year increase in electricity traded volume for May. The Day-Ahead Market segment saw volumes exceed 4,400 million units, coinciding with India's peak power demand reaching an all-time high of 270.82 GW.

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Key Numbers

18.6%year-over-year growth in electricity traded volume in May
4,400 MUsDay-Ahead Market volume in May
270.82 GWall-time high peak power demand in May

Who's Involved

IEX
India's energy exchange reporting trading volumes

↳ Why This Matters

The growth in electricity traded volume on IEX, coupled with record peak power demand, indicates increasing energy consumption and market activity in India, potentially signaling economic expansion or the impact of weather patterns on energy needs.

Key facts

  • IEX reported 18.6% year-over-year growth in electricity traded volume for May.
  • The Day-Ahead Market (DAM) volume exceeded 4,400 million units (MUs).
  • India's peak power demand reached an all-time high of 270.82 GW in May.

The Indian Energy Exchange (IEX) announced that its total electricity traded volume in May experienced an 18.6% increase compared to the same period last year. The Day-Ahead Market (DAM) segment alone saw volumes surpassing 4,400 million units (MUs). This surge in traded electricity occurred against the backdrop of India's peak power demand reaching an unprecedented all-time high of 270.82 GW during the month.

Frequently asked questions

IEX reported a total electricity traded volume growth of 18.6% year-over-year in May, with the Day-Ahead Market volume exceeding 4,400 million units.

India's peak power demand reached an all-time high of 270.82 GW in May.

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How It Developed

3 Jun · 12:09 PM
IEX reported 18.6% growth in electricity traded volume in May, with DAM volume exceeding 4,400 MUs, as India's peak power demand hit a record 270.82 GW.
NDTV via PiQSuite

Sources

T1
IEX Reports 18.6% Growth In Electricity Traded Volume In May; DAM Volume Tops 4,400 MUsm.piqsuite.com

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