REConnect Newsletter Volume 52 (June 2015) – OPEN ACCESS

Dear Reader,

 We are please to present OPEN ACCESS – our monthly newsletter that covers important developments in the renewable energy markets. This month’s newsletter covers:

  • Detailed analysis of the 5th Amendment to REC regulations proposed by CERC. This amendment will have significant impact on renewable energy based CPPs and OA projects, and also on the market demand-supply situation down the road
  • Updates on regulatory changes from Gujarat, Telangana, MP, Mahasrashtra, JERC and Rajasthan
  • Analysis of the REC trading sessions in June. Demand was well below May trading volumes. However, the broad trend remains positive due to the SC order on RPO.

 The newsletter can also be downloaded by clicking here - or past newsletters from here.

We hope you enjoy reading the newsletter. Please send us comments and feedback.

 Regards,

 Team REConnect

REConnect Newsletter Volume 41 – OPEN ACCESS

Dear Reader,

We are pleased to present Open Access Vol. 41 – our monthly newsletter covering RECs and regulatory – market developments in the renewable energy space.

Key points covered in this newsletter are:

1) Our analysis on the likelihood of RPO enforcement in FY 2014-15.

2) Regulatory updates including KERC’s final APPC for FY14 & FY15 (interim) & JSERC order on declaration of Bokaro Steel Plant’s CPP as Cogeneration unit.

3) Analysis of the most recent trading session of RECs and capacities in the REC mechanism.

The newsletter is attached with this email and also can be found on our webpage - http://www.reconnectenergy.com/newsletter/past-newsletters/

We hope that you find the newsletter a useful read. Do provide us feedback.

Regards,

- Team REConnect

REConnect Newsletter Volume 40 – OPEN ACCESS

Dear Reader,

We are pleased to present Open Access Vol 40 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space.

Key points covered in this newsletter are:

 1) Two important announcements – Infuse Ventures – a clean tech focused venture capital fund invested in REConnect Energy, and 2) The scheduling and forecasting team reached an important milestone of sending over 15,000 schedules till date. This milestone was achieved in a short span of 8 months.

 2) A detailed analysis of the REC markets in FY 2013-14

 3) Regulatory updates including important changes in RPO regualtions in Gujarat and Rajasthan

 4) Analysis of the most recent trading session of RECs and capacities in the REC mechanism

 The newsletter can also be downloaded by clicking here - or past newsletters from here.

 We hope you find the newsletter a useful read. Do provide us feedback.

 Regards,

- Team REConnect

REConnect Newsletter Volume 39 – OPEN ACCESS

We are pleased to present the 39th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism.

The present volume covers analysis on following main topics:

  • Detailed analysis of the bidding under JNNSM Phase 2 by solar industry export Shri Gopal Somani
  • Various regulatory updates including review of revised procedures for RECs accreditation, registration and issuance. Details about reterntion of RECs for own RPO fulfillment are also included.
  • REC trading analysis for February 2014.

To access the current volume (OPEN ACCESS Vol. 39) please Click Here

To read past volumes of our newsletter please follow this link.

We hope you will find this volume of OPEN-ACCESS an insightful read. As always, look forward to your feedback and continued support.

Regards,

Team REConnect

REConnect Newsletter Volume 38 – OPEN ACCESS

We are pleased to present the 38th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. 

The present volume covers analysis on following main topics:

  • Details of landmark order from UERC for imposing penalty for non-compliance of RPO .
  • Analysis of draft of CERC RE tariff order.
  • Various regulatory updates including: ApTel’s order on TN SPO and CERC’s order on RRF mechanism
  • REC trading analysis for January 2014.

To access the current volume (OPEN ACCESS Vol. 38) please Click Here.

To read past volumes of our newsletter please follow this link.

We hope you will find this volume of OPEN-ACCESS an insightful read. As always, look forward to your feedback and continued support.

Regards,

Team REConnect

REConnect Newsletter Volume 37 – OPEN ACCESS

We are pleased to present the 37th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. 

The present volume covers analysis on following main topics:
 
  • Recent steps taken by Tamil Nadu, Maharashtra & Delhi towards small scale solar projects. 
  • MERC order on solar RPO for Tata Power Company – Distribution.
  • ApTel’s judgment on fossil fuel based co-gen plants..
  • CERC’s order on REC issuance of UP’s co-gen plants. 
  • REC Trade Analysis – November 2013 & December 2013. 

To access the current volume (OPEN ACCESS Vol. 37) please Click Here.

To read past volumes of our newsletter please follow this link

We hope you will find this volume of OPEN-ACCESS an insightful read. As always, look forward to your feedback and continued support. 
 

Regards,

Team REConnect

Center takes a stricter route on RPO compliance

As per an article in Economic Times, the center has asked the appellate tribunal to allow MNRE to be a party in a petition jointly filed by wind associations IWEA and IWTMA. This petition filed by the wind associations in January submits that all state commissions have failed to enforce RPO regulations in their respective states. The center while filing the request to APTEL, has highlighted that despite writing repeatedly to all SERCs and distribution companies, none have complied with their envisioned RPO targets. Owing to these delinquencies on the part of SERCs, the ministry is forced to take a stricter route.

The move comes in the backdrop of poorly performing REC markets which are struggling with lower demand. The REC inventory is already flooded with more than 30 lac RECs. Off late, both solar and non-solar RECs have remained at floor. Already majority SERCs have started coming up with stricter compliance regime which mostly, mandate all obligated entities of the state to comply with all backlogs by the end of FY14.  Nevertheless, the demand of RECs in subsequent trading sessions left in FY14 is expected to rise.

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