Finance5h ago
IEX shares rise 2% after electricity trading volume jumps 20% YoY to hit record high in August
IEX shares rose on Friday after the exchange reported record monthly electricity trading volume of 13,938 MUs in August, up 20.2% year-on-year. Higher power demand lifted Day-Ahead Market buy bids, while prices also increased. However, REC volumes fell sharply amid lower participation, declining 86.6% year-on-year during the month.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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