REC trade result – January 2019
The price increase trends of the last few months continued in January as well. The demand for both solar & non-solar remained consistent while the supply remained limited. The highlight of this month’s trade was that solar crossed the price
DERC announces (Renewable Purchase Obligation and Renewable Energy Certificate Framework Implementation) Regulations 2018 along with draft order for Renewable Purchase Obligation (RPO)
The Delhi Electricity Regulatory Commission recently issued a Renewable Purchase Obligation and Renewable Energy Certificate framework Implementation, regulations 2018 along with a draft order prescribing Renewable Purchase Obligation (RPO). The draft order will be applicable to any captive user, open
REC trade result – December 2018
The december trading session saw a good price discovery for both solar & non-solar RECs. The market saw a significant price hike in solar as compared to last month. The demand for both solar & non-solar remained consistent while the
CERC extends expiry date for RECs due to expire
The CERC had issued an order extending the validity of Renewable Energy Certificates (REC) which were to expire between 15th May 2018 - 30th October 2018, up to 30th October 2018. There has now been an extension in the expiry
REC Trade Results – May 2018
In both Solar and Non-solar RECs, demand was robust, considering that this was only the second trading session of the new financial year. Analysis of Trading: Non-Solar – Non-solar RECs inventory was not completely exhausted in the May 2018 trading session (15,51,691
REC Trading Results – April 2018
April saw trading resume for Solar RECs after a gap of one year, after the ApTel pronounced judgment in the case of REC pricing. Also, after record sale of Non-solar RECs in the last 5 months, there was almost no
ANALYSIS OF APTEL ORDER ON REC PRICING AND MULTIPLIER
Order in the case of REC pricing and vintage multiplier has now been uploaded on the ApTel’s website. Following is a quick summary of the same: ApTel has rejected all prayers of the RE generators. Specifically, it has held: - Pricing: ApTel found
UPDATE ON HEARING ON PRICE AND TRADING OF SOLAR RECS IN APTEL
We attended the hearing at ApTel today. The court has dismissed all the petitions – implying that the CERC order remains as is. More details will be available once the final order is uploaded on the ApTel’s website (generally by
REC TRADE RESULTS MARCH 2018
For the first time after 2012, the total demand in REC (Non-Solar Segment) market exceeded the supply available. The trade session in March 2018 also ended the dry run that REC Market has been under since 2012 with 100% clearance
RERC PROVIDES CLARIFICATION REGARDING DURATION AND TARIFF OF PPAS EXECUTED UNDER REC MECHANISM
Rajasthan Electricity Regulatory Commission (RERC) has released an order clarifying the duration of PPA's executed under REC mechanism and for setting of tariff for the PPA's executed under REC framework. A petition was filed by Jaipur Vidyut Vitran Nigam Ltd., Ajmer Vidyut Vitran