New Delhi : The Indian Energy Exchange achieved 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the market segments.
According to the power demand data published by the National Load Dispatch Center, during May’22 the energy consumption at 136 BU saw 23% YoY growth while the national peak demand at 204.45 GW saw 21% YoY growth. Owing to the various timely measures undertaken by the Government to address the supply side constraints, and increased renewable (44% YoY increase) and hydropower generation (8% YoY increase), the day-ahead power market at IEX saw significant correction in the prices which reduced from Rs 10.06 per unit in April’22 to Rs 6.76 per unit in May’22.