The Indian Energy Exchange (IEX) reported a 16.6% year-on-year increase in total traded electricity volume, reaching 12,341 million units (MU) in April 2026, driven by record power demand of 256 GW and intense summer temperatures. The surge in demand, accompanied by 154 BU in energy consumption, drove up buy and sell bids in the day-ahead market by over 30%, with an average clearing price of ₹5.26/unit.
The Indian Energy Exchange (IEX) reported a 16.6% year-on-year increase in total traded electricity volume, reaching 12,341 million units (MU) in April 2026, driven by record power demand of 256 GW and intense summer temperatures. The surge in demand, accompanied by 154 BU in energy consumption, drove up buy and sell bids in the day-ahead market by over 30%, with an average clearing price of ₹5.26/unit.
Key performance highlights from the report include:
Total Volume & Growth:-
12,341 MU traded in April 2026, a 16.6% YoY increase.
Record Demand: -
Peak power demand hit a record 256 GW, triggered by high temperatures.
Market Segments: -
The Real-Time Market (RTM) showed strong growth at 30%.
Price and Participation: -
The average market clearing price was ₹5.26/unit (1% up YoY), with high liquidity from both buyers and sellers.
Green Market:-
The Green Day-Ahead Market traded 841 MU, a 7.5% increase, but the Renewable Energy Certificate (REC) market experienced a 59.4% decline in volume.
The spike in electricity usage is linked to severe heatwave conditions following earlier, unseasonal rainfall, which led to a 4% increase in overall energy consumption.
IEX Volumes Rise 16.6% in April as Power Demand Hits Record 256 GW
IEX Volumes Rise 16.6% in April as Power Demand Hits Record 256 GW. IEX Volumes Rise 16.6% in April as Power Demand Hits Record 256 GW.
MJF Lion ER YK Sharma
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