IEX Power Market update for March 2021, Financial Year 2021
Posted On: 2021-04-06 02:28:58 (Time Zone: Arizona, USA)
Spurred by the increasing demand for electricity across the various States, the electricity market at Indian Energy Exchange achieved an all-time high volume of 8248.52 MU in the month of March 21 surpassing all the previous milestones. The robust volumes led to a 92% YoY growth in electricity market during the month. According to the power demand data published by the National Load Dispatch Center, the national peak power demand touched 186 GW seeing a 9% YoY growth while the power consumption grew 23% YoY. The market faced transmission congestion on the inter-state transmission network due to which 24MU was lost during the month, representing 0.03% of total traded volume.
IEX spurts on reporting 50% YoY volume growth in Feb business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
IEX power market update for February 2021 business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Real-time market records highest ever volume of 1233 MWIndian Energy Exchange achieved a new milestone in the month of
January 21 with all-time high volume of 7434 MU leading to a significant 47% YoY growth in electricity volume traded during the month.
The day-ahead market traded 5584 MU and saw a notable 17% YoY growth in January 21. The market
registered ample availability of power with the total sell bids at 10074 MU being almost 2X of the
cleared volume.
The term-ahead market comprising intra-day, contingency, daily and weekly contracts traded 524 MU
volume during January 21 recording a significant 93% YoY increase.
The real-time market registered highest ever monthly volume of 1233 MU in Jan 21 since