Energy Efficiency (Perform, Achieve & Trade)

ET: Startups take to providing forecasting and energy management solutions

With energy management assuming a vital role across sectors, startups such as Ecolibrium Energy, LoudCell and REConnect are providing forecasting and energy management solutions to large and medium-scale manufacturing and retail companies in India. These startups are able to improve fuel and power efficiency through real-time data analytics, forecasting, sourcing Read more…

By Team REConnect, ago
Power Market

Changes to Electricity Act Proposed

The Ministry of Power (MOP) recently made public a document that proposes various changes to the Electricity Act, 2003 (EA). The below article provides a quick summary of the proposed changes: The current role of the Distribution Licensee has been broken up into system business (Distribution) and supply (supply licensee). In the Read more…

By Team REConnect, ago
Blog

Punjab releases NRSE Policy 2012

Punjab released their renewable energy policy ‘New and Renewable Sources of Energy (NRSE) Policy – 2012’ on 26th December, 2012 with an objective to develop and promote new and renewable sources of energy based technologies and energy conservation measures as well as providing financial & fiscal assistance. Punjab Energy Development Read more…

By Team REConnect, ago
Non-Solar REC

REC Trading Report – February 2013

Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains very disappointing. As we have mentioned earlier, till stronger Read more…

By VP, ago
REC Mechanism in India

REC Trading Report – December 2012

Non-solar RECs Volume increased significantly from the lows of November. Total traded volume was 273,644 in December (up from 132,352 in November; 108% increase). Supply continued to increase. Total sell bids exceeded 14.5 lakh RECs (up 18% from last month). The demand-supply gap remains a significant worry, despite increase in Read more…

By VP, ago
Blog

Gloomy weather over REC market

Last month’s REC trading session has brought the REC market on the verge of vanishing soon. With no sign of strict enforcement happening and a drop of 40% demand shows that the obligated entities have the least interest to participate in the REC market. Those who were purchasing RECs have Read more…

By Team REConnect, ago