Green Energy Trading on IEX Soars 85% YoY in February 2025, Fueling India’s Renewable Energy Surge – EQ
In Short : In February 2025, green energy trade on the Indian Energy Exchange (IEX) surged by 85% year-on-year (YoY), driven by rising demand for renewable power. This growth highlights India’s accelerating shift toward clean energy, supported by favorable policies, increasing renewable capacity, and market-based mechanisms. The surge underscores IEX’s pivotal role in facilitating efficient energy trading and advancing the country’s sustainable energy goals.
In Detail : In February 2025, the Indian Energy Exchange (IEX) reported an impressive 85% year-on-year (YoY) increase in green energy trading. This surge highlights the growing demand for renewable energy in India, driven by the country’s commitment to expanding its clean energy capacity and reducing carbon emissions. The IEX has become a key platform for facilitating the trade of renewable power, including solar, wind, and hydropower.
The significant growth in green energy trading is a testament to India’s rapid transition toward sustainable energy sources. With the government’s ambitious targets of achieving 500 GW of renewable energy capacity by 2030, the IEX has played a crucial role in enabling efficient and transparent trading of renewable power. This has allowed discoms, industries, and other stakeholders to access clean energy at competitive prices.
One of the key factors behind this growth is the increasing adoption of market-based mechanisms for renewable energy procurement. The IEX’s green market provides a platform for buyers and sellers to trade renewable energy certificates (RECs) and electricity, ensuring flexibility and cost-effectiveness. This has encouraged greater participation from renewable energy generators and consumers alike.
The rise in green energy trading also reflects the growing awareness and commitment of industries and states to meet their sustainability goals. Many corporations are now prioritizing renewable energy to reduce their carbon footprint and comply with environmental regulations. States with surplus renewable energy are also leveraging the IEX to sell excess power, ensuring optimal utilization of resources.
The IEX’s advanced trading platform and real-time market mechanisms have further streamlined the process of green energy trading. By providing a transparent and efficient marketplace, the IEX has enabled faster adoption of renewables and supported the integration of clean energy into the grid. This has also contributed to grid stability and reduced reliance on fossil fuels.
The 85% YoY growth in green energy trading on the IEX underscores India’s progress toward a sustainable energy future. As the country continues to expand its renewable energy capacity, platforms like the IEX will play a pivotal role in driving the transition. This growth not only supports India’s climate goals but also positions the country as a global leader in renewable energy adoption and innovation.
