India has mandated Renewable Purchase Obligation (RPO) for utilities and captive power producers. In order to enable such compliance on RPO, a mechanism of Renewable Energy Certificates is introduced. Obligated entities can comply with RPO Laws either by procuring physical green power or RECs. We provide full lifecycle services in REC Market including accreditation, registration, issuance, trading at power exchanges, self-retention and overall portfolio management for buyers and sellers of RECs.
Under National Mission on Enhanced Energy Efficiency (NMEEE), a market for Energy Saving Certificates (ESCerts) has been introduced in India. We provide ESCerts transactions management services to both- buyers and sellers of ESCERs which are traded at power exchanges.
The I-REC Service is a global electricity environmental attribute tracking system. It is designed to facilitate reliable scope to carbon accounting consistent with various international accounting standards. I-RECs allow all electricity users to make a conscious and evidence-based choice for renewable electricity, in any country around the world. We provide complete end-to-end origination till sale/purchase of iRECs for buyers and sellers.
Under the Electricity Act 2003, the enabling provisions are made for open-access (a non-discriminatory access to transmission and distribution infrastructure for buyers and sellers of electricity) where a bulk consumer can choose to procure power from source(s) other than designated distribution licensees. Under this, a consumer of electricity can opt for a power supply contract from supplier(s) using consumer’s roof-top or intra-state open access or inter-state open access to fulfill the power supply obligations. This empower consumers to optimise their power procurement strategy using various procurement options. We enable this using our proposed over-the-counter (OTC) marketplace clickpower.in.
Providing RE forecasting and scheduling (with Grid Operators) for regulatory compliances, better grid management, asset maintenance (for developers and OEMs) and various RE deviation settlement mechanisms.
Providing load / electricity demand forecasting and schedule optimization services for power utilities and large power producers.
Providing power price forecasting (spot electricity markets) to enable market participants (bulk consumers, distribution licensees, power producers, electricity traders and aggregators) make efficient procurement decisions.
Enables Energy Scheduling and Dispatch Automation for Electric Grid Operators.
Enables DER production forecasts, energy planning, billing and dispatch automation.
Enables Digital Authorisation of Energy Transitions between Energy Producers and Consumers.
Stack of proprietary, weather and AI based algorithms to predict wind power production forecast at multiple scales.
Stack of proprietary, weather and AI based algorithms and PV models to predict solar power production forecast at multiple scales and geographies
AI stack of week-ahead, day-ahead and real-time customizable algorithms to analyze and predict electricity demand.
AI based market price forecasting engine