ApTel order on waiver of RPO by GERC
In its order pertaining to FY 2012-13, GERC had waived or exempted obligated entities from RPO. In doing so, GERC has ignored the availability of RECs, and also reduced RPO differentially for each obligated entity, to the extent met by
Analysis of Amendments Proposed in the National Tariff Policy
The Ministry of Power has proposed several changes to the National Tariff Policy. Some changes are significant, like the proposal to substantially increase solar RPO (from 3% by 2022 to 8% by 2019), to remove inter-state transmission charges on RE
REC Trade Results April 2015
We are pleased to share the Result of REC trading for the month of April-15. Solar RECs – Overall market clearance remained poor this time, with very low demand at both exchanges. Demand saw a dip from 68,982 last month to 8,522 this
MERC relaxes RPO compliance for BEST
MERC had notified the Maharashtra Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance and Implementation of Renewable Energy Certificate Framework) Regulations, 2010 (‘RPO-REC Regulations’) on 7 June, 2010. As per this regulation, following are the RPO targets for all obligated
Rec Trade Results March 2015
We are pleased to share the Result of REC trading for the month of March-15. Solar RECs – Overall market clearance remained optimistic this time, with good demand at PXIL and overall good clearance at both the exchanges. Demand rose from
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
GERC Maintains Leniency over RPO Compliance
The Gujarat Electricity Regulatory Commission (GERC) in its orders Dated 16th Jan 2015, has given relief to the state distribution companies against their RPO compliance for the year 13-14. The summary of the GERC orders is given below: Orders on GUVNL:
APTEL directs NLDC to issue RECs from COD
Appellate Tribunal of Electricity (APTEL) in its order dated 28.11.2014, has directed NLDC to issue Renewable Energy Certificates (RECs) from the date of commercial operation (COD). As per the recent CERC amendment dated 10.07.2013 to REC Regulation, which specifies that the
APERC Proposes Draft Amendment for RPO Regulation
Andhra Pradesh Electricity Regulatory Commission (APERC), joint commission for the Andhra Pradesh and Telangana, has proposed separate drafts for the amendment in its Renewable Purchase Obligation (RPO) Regulation 2012, for Andhra Pradesh and Telangana. The summary of the proposed amendments for
REConnect Newsletter Volume 42 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 42 - our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. Key points covered in this newsletter are: 1) Analysis of Karnataka's solar policy 2) Regulatory updates including