Draft KERC (Procurement of Energy from Renewable Sources) Fourth Amendment, Regulations 2016
KERC has notified Fourth Amendment to KERC (Procurement of Energy from Renewable Resources) Regulations on October 27th, 2016. The draft of the proposed amendment is available in www.kerc.org. The highlights of the amendment are: RPO obligation is on captive plant, grid connected plants and open
REC Trade Result October 2016
Analysis of Trading: Non Solar – The clearing ratio stood at 1.9% and 2.06% in both IEX and PXIL, with a significant increase of 46% in the no. of REC’s traded as compared to last month Solar – Clearing ratio stood at 0.86 % and 1.16%
REC Trade Result September 2016
The month of September trading saw significant decrease in the demand for both Solar and Non-Solar RECs as compared to last month. The total transaction value stood at 37.5 Crores in comparison to 52 Crores last month. Analysis of Trading: Non Solar – The
REC Trade Result August 2016
This month trading saw marginal increase in the demand for both Solar and Non-Solar RECs as compared to last month. Compared to August 2015, demand was almost double this month. The total transaction value stood at 52 Crores in comparison
Confusion over new Renewable Purchase Obligations
The Ministry of Power (MoP) had recently declared the national RPO trajectory. The order had enlisted the yearly RPO trajectory for both non-solar and solar power purchase from 2016-17 till 2018-19. For non-solar, the targets ranges from 8.75 % to
UERC Order on Non Compliance of RPO
UERC Maintains its tough stand for non compliance of RPO. In a recent order the Uttarakhand Electricity Regulatory Commission has directed UPCL to procure non-solar RECs equivalent to 7.50% of unmet non-solar RPO up to FY 2015-16 latest by 31st July’16.
UERC Order on Non Compliance of RPO
UERC Maintains its tough stand for non compliance of RPO. In a recent order the Uttarakhand Electricity Regulatory Commission has directed UPCL to procure non-solar RECs equivalent to 7.50% of unmet non-solar RPO up to FY 2015-16 latest by 31st
REC Trade Result June 2016
This month trading saw a huge surge in the demand for both Solar and Non-Solar RECs. The demand rose approximately 2.5 times for both non-solar and solar, while also registering good clearing ratios at both the exchanges, as compared to
GERC Determines Tariff for Procurement of Power from Wind Energy Projects
Gujarat Electricity Regulatory Commission (GERC) has proposed an increase in tariff for procurement of wind power. The higher tariff is on account of a rise in capital costs of setting up a wind power project in Gujarat. GERC has come out
REC Trade Result May 2016
May 2016 saw reduced traded volumes compared to last month and from May 2015. Generally early months of the compliance year see significantly reduced trading volumes. However, May 2015 saw high trading volume due to the Supreme Court order on RPO compliance. Compared to last