Indian Energy Exchange (IEX) announced its power market update for May 2026, reporting a significant year-on-year increase in electricity traded volume. The total volume traded reached 12,983 Million Units (MUs), marking an 18.6% growth compared to May 2025. The Day-Ahead Market (DAM) saw a substantial rise, with volumes increasing by 24.9% YoY to 4,417 MUs. The Real-Time Electricity Market (RTM) also experienced growth, trading 5,529 MUs, a 15.9% increase YoY. The Day Ahead Contingency and Term-Ahead Market (TAM) traded 2,004 MUs, up 16.1% YoY. The IEX Green Market, encompassing Green Day-Ahead and Green Term-Ahead Market segments, traded 1,034 MUs, a 13% increase YoY. The average market clearing price in the Day-Ahead Market was ₹4.88/unit, an 18.3% increase year-on-year, reflecting a surge in power demand which reached an all-time high of 270.82 GW in May 2026. In the Renewable Energy Certificate (REC) Market, 6.10 lakh RECs were traded in May 2026, although this represents a 65% decline YoY. Trading sessions for RECs are scheduled for June 10th and June 24th, 2026, with the clearing price at ₹400/REC.
