Indian Energy Exchange (IEX): Powering India's Energy Market
Indian Energy Exchange (IEX): Powering India's Energy Market Introduction The Indian Energy Exchange (IEX) is India’s leading energy marketplace, transforming the way electricity is traded. Established in 2008, IEX operates as an advanced nationwide automated trading platform, enabling efficient price discovery and seamless transactions across various energy sectors. As India moves towards a sustainable and efficient energy ecosystem, IEX plays a critical role in integrating conventional, renewable, and emerging energy sources. Sectors IEX Operates In 1. Electricity Market IEX enables competitive electricity trading through multiple market segments: Day-Ahead Market (DAM): Allows buyers and sellers to trade power for the next day based on demand and supply, ensuring an optimized energy flow. Term-Ahead Market (TAM): Facilitates short-term contracts ranging from intraday to monthly transactions, catering to flexible energy needs. Real-Time Market (RTM): Provides real-tim...