CERC proposes draft floor & forbearance price for Solar & Non-solar RECs
The Central Electricity Regulatory Commission(CERC) recently issued a draft order regarding the revision of floor & forbearance price of the Renewable Energy Certificates (RECs). In line with the Electricity Act 2003 Renewable Purchase Obligation, RECs were introduced as tradable market instruments
APTRANSCO proposes amendments to the APERC DSM regulations for wind and solar
In a recent development, the Transmission Corporation of Andhra Pradesh has submitted a proposal, suggesting amendments in the present APERC (Forecasting, Scheduling and Deviation Settlement of Solar and Wind Generation Regulation, 2017) which is effective since 01.07.2018 for levying and collection
Andhra Pradesh issues combined amendments to its solar, wind and, solar-wind hybrid policy
In a recent development, the Andhra Pradesh Government has taken some steps and amended its Andhra Pradesh Solar Policy 2018, Andhra Pradesh Wind Policy 2018, and Andhra Pradesh Solar & Wind Hybrid Policy 2018. The development took place post the
MPERC publishes first amendment of Forecasting & Scheduling Regulations for Wind and Solar
The Honourable Madhya Pradesh Electricity Regulatory Commission (‘MPERC’) published its order for the first amendment of Forecasting & Scheduling regulations, and for approving the operational procedures in MP. Executive Summary The key contention of generators and QCAs in MP was that
Punjab announces the procedure for Forecasting, Scheduling and Deviation Settlement of Solar & Wind Generation
Punjab Electricity Regulatory Commission had recently announced its regulations for Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation sources, followed by which Punjab State Transmission Corporation Limited (PSTCL) published its procedure on 29th September 2019. The
REC trade result – August 2019
The August trade session saw a reduction in demand for both non-solar & solar. In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on
Union Minister for renewable energy approves Dispute Resolution Mechanism for wind/solar sector
Recently after taking charge of the ministries of Power and New & Renewable Energy, the Power & Energy Minister, Mr. R.K.Singh has approved for a formation of a Dispute Resolution Mechanism for Solar/Wind sector. This decision was taken to facilitate
MERC announces amendments in the Forecasting, Scheduling and Deviation Settlement for Solar & Wind Generation, Regulations 2018
Maharashtra Electricity Regulatory Commission (MERC) has announced a notification in accordance with the Principal regulations MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations, 2018. In accordance with regulation 1.2 of the principal regulations, the commission has
REC trade results – August 2018
Non-Solar: Non-solar RECs prices continue to rise with robust demand but the clearance volume is constrained due to limited supply availability. This session the RECs were traded at the price of INR 1101 at PXIL (10.1% above the floor price)
REC TRADE RESULTS FEBRUARY 2018
Non-solar demand was significantly higher than inFebruary 2017, and also last month. In total 23.58 lakh RECs were traded (125.85% higher than February 2017, and 91.61% higher than in January 2018), and clearing ratios on IEX and PXIL were 19.84%