Celebrating the Past

Energy Exchange: Setting the stage for power trading

The setting up of power exchanges in 2008 was a major milestone in the sector, a key step towards creating the vibrant power market that we have today. The exchanges have boosted trading volumes significantly, introduced a transparent price discovery mechanism, and enabled buying-selling of power on a near real-time basis. This story from our archives goes back to the time when the country’s first energy exchange, IEX, was conceptualised… […]