The real time market (RTM) segment on the Indian Energy Exchange (IEX) recorded its highest-ever monthly traded volume in May 2025.
In a release, IEX said that the RTM segment witnessed volume of 4,770 MU in May 2025 that was not just the highest monthly volume ever but also significantly higher by 42 per cent than in April 2025. (See table)
Meanwhile, the overall electricity volume on IEX touched 10,946 MU in May 2025, up 14 per cent year-on-year.
Besides, a total of 17.43 lakh Renewable Energy Certificates (REC) were traded during May 2025, marking a 65 per cent increase over the comparable level in 2024.
According to government data published in May 2025, the country’s energy consumption stood at 148.7 BU, marking a 4 per cent decline compared to the previous year. Unseasonal rains and the early onset of the monsoon kept temperatures lower than usual, leading to reduced electricity demand. Concurrently, increased hydro, wind, and thermal generation resulted in higher supply liquidity on the exchange platform which led to a substantial drop in DAM and RTM prices.
The Market Clearing Price in the Day Ahead Market at Rs.4.12 per unit during May 2025 declined 22 per cent year-on-year. Similarly, the Market clearing price in the Real Time Market at Rs.3.43 per unit during May 2025, was 28 per cent lower than in May 2024.
These prices presented an opportunity for discoms and commercial & industrial (C&I) consumers to meet their demand at a competitive price and to replace their costlier power by procuring through exchanges, the release said.
Green Market
IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 915 MU volume during May 2025 as compared to 622 MU in May 2024, registering an increase of 47 per cent. The weighted average price in Green Day-Ahead Market (G-DAM) for May 2025 was Rs.3.59 per unit.
REC Market
A total of 17.43 lakh RECs were traded in the trading sessions held on May 14, 2025 and May 28, 2025, at a clearing price of Rs.345 per REC and Rs.349 per REC, respectively. REC traded volume in May 2025 increased by 65 per cent on year-on-year basis. The next REC trading sessions on IEX are scheduled on June 11, 2025 and June 25, 2025.
Also read: RTM emerges as fastest growing market on IEX
