Renewable energy trading at the Indian Energy Exchange in 2023 so far has seen a considerable drop compared to 2022, with the traded energy reaching its lowest in October 2023 at 188 million units. Seasonality, floods, and inconsistent renewable energy generation are a few of the many reasons behind the drop in renewable energy trade. The increasing power demand and the drop in renewable generation have forced entities to trade mostly on the conventional electricity market, in turn reducing the buy bids in the green market segments.