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
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
Analysis of the 5th Amendment to REC Regulations
Background: Recently, CERC proposed the 5th amendment to REC regulations. The gist of proposed changes is: Captive generators and portion of power for self-consumption will no longer be eligible for RECs If an open access (OA) project avails concessional wheeling, banking or cross-subsidy
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
REC Trade Results – June 2015
The June trade session remained below expectations compared to May’15 month performance. However, if we compare the performance with Jun’14, the response was still far better. After the announcement of an important judgment by Supreme Court, the market looks upbeat and
REC Trade Results Feb 2015
We are pleased to share the Result of REC trading for the month of FEB-15. Solar RECs – Overall market clearance remained optimistic this time, with steep rise in demand at PXIL and overall good clearance at both the exchanges. Demand
CERC: REC Regulation 3rd Amendment
We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler | Statement of
CERC: 3rd Amendment (Draft) to REC Mechanism
We are pleased to convey that hon'ble CERC has issued 3rd amendment on REC Mechanism. Key highlights of the same are summarized below: Eligibility Criteria A) DISCOMs having met their previous year RPO can also claim RECs for surplus green power purchased. IMPACT:
REC Trading Report August-2014
REC trading session of August-14 was conducted on 27th August 2014. Below is a summary of the result:- Demand continues to be lack-lusture. Overall demand was 50681 for non-solar RECs, and 1163 solar RECs. Overall market clearing ratio for Non-solar RECs
REConnect Newsletter Volume 43 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 43 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. The main article covers: The government announced the re-introduction of Accelerated Deprecaition for wind projects. This