REC Trading Report – May 2014
Demand and clearing ratios touched one of the lowest points in three years. Non-solar RECs: Demand in May was 29,255, compared to 79,354 in April (down 63% over April) and down 45% from May of last year. The last time demand was
APERC unveils wheeling, transmission & SLDC charges for FY15
The state regulator of AP has determined open access charges namely - wheeling, transmission and SLDC charges for 3rd control period (i.e. from FY15 to FY19). Wheeling Charges: The wheeling charges determined by APERC are different for all discoms. The wheeling charges
APERC determines tariff for biomass, bagasse power projects
Andhra Pradesh Electricity Regulatory Commission (APERC) through an order dated 16th May 2014, has determined the variable cost for existing Biomass, Bagasse, and Industrial waste based power projects in AP for the period 1st April 2014 to 31st March 2019. The
JERC (Goa & UTs) imposes penalty for non-compliance of RPO
Joint Electricity Regulatory Commission (JERC) for UTs and Goa has become the second electricity regulator to impose penalty for non-compliance of RPO targets. JERC (Goa & UTs) had previously through a suo-motu order (dated 27th Dec 2013) directed all obligated
KERC hikes power tariff for FY15
Cost of buying electricity from DISCOMs has become costlier for the Commercial & Industrial consumers in the state of Karnataka. Karnataka Electricity Regulatory Commission (KERC) has approved a new tariff for supply of electricity in FY 2014-15. Average increase in
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
MERC drafts RE Tariff Order for FY 2014-15
Maharashtra Electricity Regulator - MERC on 6th May has made public a draft order for tariff of renewable energy produced within the state in FY15. Comments and suggestions are invited by 5th June 2014 as per this public notice. A glimpse
Delhi discoms request to waive RPO of FY13
Delhi discoms have requested to DERC, to waive RPO targets of FY13. This request was put forward by discoms in their respective ARR petitions for FY15. The discoms contend that RPO regulations were introduced in Delhi only in October 2012
APERC to be reorganized soon
Following the mandate of the Andhra Pradesh Reorganization Act, 2014, the state of Telangana is set to be carved out of present day Andhra Pradesh. The Act was gazetted on 1st March 2014 and the bifurcation will be done on