Indian Energy Exchange achieved monthly overall volume of 10,633 MU, in May'24, marking a 28.9% year-over-year increase. The electricity volumes at 9,568 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,055 MU, increased 640.3% YoY. At Rs. 165 per certificate, the REC market recorded an all-time low price in the trading session held on 29 May 2024. These prices provide an opportunity to obligated entities (DISCOMS and Captive Power Producers) to meet their Renewable Purchase Obligations, and voluntary customers to meet their sustainability aspirations. Read The Rest at :