CERC Determines fees for issuance of Renewable Energy Certificates
In a recent amendment in the Regulation 11 of the REC Regulations, CERC determined the fees and charges payable by the eligible entities for participation in the scheme for, registration, eligibility of certificates, issuance of certificates, and other matters connected
REC Trade result December 2016
This month trading saw good results with respect to the Non solar REC clearance overall. The demand for solar REC saw marginal improvement in respect to the last month. The total transaction value stood at 74.4 Crores in comparison to
REC Market demand & supply forecast for FY 16-17
Every year, around the mid-year mark we forecast the demand and supply in the RECs markets for the remain-der of the financial year. The second half of the FY is the busy period for the RECs markets as most transactions
REC Trade Result November 2016
This month trading saw stagnant results in respect to the demand for Non-Solar REC’s. The demand for solar REC saw marginal improvement in respect to the last month. The total transaction value stood at 53.6 Crores in comparison to 50.6
Uttarakhand Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance)
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. Following the steps of MoP RPO trajectory and other
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%
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 26th, 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
MPERC Determines Tariffs for Solar Power Projects
Madhya Pradesh Electricity Regulatory Commission recently released its tariff order for energy procured from solar power based projects for the control period from 31st March 2016 to 31st 2019. The tariff determined by the Commission in this will be applicable
Joint Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance)
The Joint Electricity Regulatory Commission (Goa and UT’s) recently came up with its long term Renewable purchase obligation trajectory and compliance regulation, following the footsteps of states like Chhattisgarh, HP and AP. JERC has declared its RPO Trajectory up to