REC TRADE RESULTS AUGUST 2015
August trading session saw a stagnant response from the Non-Solar demand side. However the Solar RECs saw a huge recovery from rise in demand during trading session. A sum total of 149,209 RECs were redeemed in this session, compared to
Wind & Solar Forecasting & Scheduling Regulations 2015
To overcome the difficulties related with managing the infirm wind and solar power, the Central Electricity Regulatory Commission introduced the provisions for wind/solar power forecasting under the Indian Electricity Grid Code in May 2010. The mechanism was promoted as the
KERC Determines tariff for Grid Interactive Megawatt scale Solar Power Plants
The Commission, in its Order dated 1st January, 2015 on BESCOM’s Review Petition noted that there was substantial reduction in the capital cost of grid connected solar power plants. Therefore, it examined the need to curtail the present control period and
KERC Imposes RPO on captive co-generating plants
Karnataka Electricity Regulatory Commission (KERC) after deliberating on Aptel order dated 26th April 2010, decided not to impose RPO on any person consuming electricity from Co-generation power plants on its order dated 8th May 2013. Subsequently similar matter was challenged before
MERC extends period of applicability of RE Tariff
The Commission had issued a Suo Moto Order on 7 July, 2014 in determining the Generic Tariff for RE technologies for the fifth year of the Control Period, i.e. FY 2014-15. The control period of RE Tariff regulations 2010, elapsed
Maharashtra: RPO Compliance and target for 2015-16
The Maharashtra Energy Development Authority submitted the RPO settlement data for MSEDCL on 14th September, 2014. There have been major shortfalls in meeting RPO targets. As for the total RPO targets set, a comparison below shows that MEDA had exceeded
Punjab Regulatory takes Strict note on RPO complaince of PSPCL
The PSERC (Punjab Electricity Regulatory Commission) in response to a petition filed by Punjab State Power Corporation Limited (PSPCL) pertaining to RPO compliance of FY 2014-15, in which the PSPCL has requested before the commission for carrying forward the compliance
REC Trade Results July 2015
July’s trading session saw a stagnant response from the demand side. Though, the current demand while comparing it to previous year’s session of July was 3 times higher in Solar and 5 times in Non Solar segment, it indicated a
Maharashtra Renewable Energy Policy 2015
Maharashtra Government has finalized its final Renewable Energy Policy. The policy will be known as Maharashtra Renewable Energy Policy 2015. Regional committee will be established to monitor the overall progress of the policy and will be headed by the principal
PSERC Finalizes RE Tariff for FY 15-16
The PSERC (Punjab Electricity Regulatory Commission) on 24th July 2015 has finalized the tariff for Renewable Sources of Energy. The tariff will be applicable for the projects to be commissioned during the year 2015-16. Previously in the May 2015, the