Rajasthan publishes draft Forecasting and Scheduling regulations
RERC has released draft forecasting and scheduling (F&S) regulations. Rajasthan has become the 4th state to release draft F&S regulations in recent days (MP, Karnataka and Tamil Nadu are the others). The key points of the regulations are: The regulations will be
NLDC Invites Comments for bi-monthly REC Trading Session
National Load Dispatch Centre has invited comments and suggestions, on the REC Procedure considering bi-monthly REC trading sessions, by 1st March 2016 to the Central Agency. The following modification has been proposed for the “Procedure for Redemption of REC’s”: All valid
TNERC Draft Intrastate Regulation on Forecasting and Scheduling of Wind and Solar Generating Stations
The Forum of Regulators recently announced a Model Regulation on intra-state RE deviation settlement regulation which will cover all the existing and upcoming wind and solar power producers in India. States like Karnataka and Madhya Pradesh electricity regulators have already
International Solar Alliance
The 2015 United Nations Climate Change Conference, COP 21 was held in Paris France, from 30 November to 12 December 2015. The COP21 witnessed a major alliance (ISA- International Solar Alliance) between India and France, towards their effort to combat the impacts of Climate
REC TRADE RESULTS JANUARY 2016
RECs demand had been steadily rising in the past few months, but this month’s trading saw a signficant drop in trading volume as compared to last month. Non Solar REC’s and Solar REC’s traded this month were 61.6% lower and 6.79% lower respectively, compared to trading session of December
Analysis of Amendments in National Tariff Policy
The government recently amended the National Tariff Policy (NTP). Several reform measures have been announced in this change. NTP 2016 has increased focus on renewable energy, sourcing power through competitive bidding and the need for ‘reasonable rates’ (see box –
MERC Determination of Generic Tariff for Renewable Energy for the remaining Tariff Review Period of FY 2015-16
The Maharashtra Electricity Regulatory Commission came up with its Draft order on determination of generic tariff for Renewable Energy for the remaining Tariff Review Period of FY 2015-16, on 1st December, 2015. This Tariff Order will be applicable for New
Karnataka Electricity Regulatory Commission Draft Smart Grid Regulations, 2015
KERC came up with its first draft Smart Grid Regulations on 22nd December, 2015. Smart grid through automation and controls system would deliver electricity more reliably, effectively and environment friendly, thus enabling much wider generation and consumer participation in power
UDAY Scheme’s Impact on Renewable Energy Sector
The UDAY scheme was launched by the government in November 2015, and so far as met with a good response from the states (16 states representing more than 90% of DISCOM losses has joined) and from industry observers. These cover
REC TRADE RESULTS DECEMBER 2015
The demand response for REC’s saw very good momentum in the December’s trading session. Non Solar REC’s and Solar REC’s traded this month were 288% higher and 29.8% lower respectively, compared to trading session of November. The total transaction value of REC’s hit a sum total of Rs 156 crores, compared