Indian Energy Exchange (IEX)

IEX Power Market Update- FEB 23

1. Shinning star this month is the term ahead market(intra-day, daily weekly, contract up to 3 months) in the electricity and green market. It has shown impressive growth.

2. Major decline in the overall volume due to a lesser number of trading days and high spot e-auction prices.

3. Positive point: Energy saving certificates have again started trading after a gap of 14 months. Renewable energy certificates trade only once a month while energy-saving certificates trade every Tuesday between 1:00 PM to 3:00 PM.