REC trading for the month of March 2013 concluded early this week. It is important to note that March marks the end of the compliance year (2012-13) and this has had significant impact on the trading statistics seen this week. The trading data for the month is provided below. Non-Solar RECs As we hit the […]
REC Trading – March 2013 – Solar REC hits Forbearance Price Read More »
The TNERC had issued an order related to the Tamil Nadu Solar policy. This order follows the comments and feedback the TNERC received for its consultative paper on the policy(The consultative paper can be accessed here). The order covers the following areas a. Solar Purchase Obligations(SPO) – the order clarifies on the RPO obligated entities,
Tamil Nadu Electricity Regulatory Commision issues order on Net metering in Tamil Nadu Read More »
The REC trading for the month of February concluded on the 27th of the month. Given below is an overview of the trading. Non-Solar RECs The non-solar REC segment continued its poor showing. The prices remained flat at Rs. 1500 (floor price) across both trading platforms. The number of buy bids also dropped by about
The Kerala government has been taking significant strides in promoting the use of solar in the state. Previous announcements such as the 10,000 rooftop solar(more details here, here and here) and the 75,000 rooftop solar program aims at proliferating the use of solar in the state with an aim to alleviate the growing energy deficit.
Kerala Releases Comprehensive Solar Policy Draft; Targets 500 MW by 2017 Read More »
In July 2012, India faced one of the worst blackouts, where almost 48,000 MW of load got disconnected from the New Grid. More than 600 million people were affected by the blackout. What led to the blackout which lasted two days? Did it happen because of bad grid infrastructure? or failure in following the set
Central Electricity Regulatory Commission(CERC) has extended the validity of Renewable Energy Certificates(REC) to 2 years (730 days). The commission issued these guidelines after hearing the petitions from stakeholders on the subject(More details about the invitation for comments can be found here). This should provide huge relief to all renewable energy generators, who rely on the
Renewable Energy Certificates(REC) validity extended to 2 years(730 days) Read More »
The first round of REC trading in the new year continued in the same vein as the previous year with some surprises. It should be noted that we are in the last quarter of the compliance year wherein all obligated entities would have to fulfil their obligations or meet with stiff penalties (should they be
As I chose to write on this topic, I realized that 3 out of my last 5 blogs were on the subject of Rooftop PV. The first one was about Karnataka rooftop PV programme, the second on the SECI’s bidding process for rooftops under the JNNSM and the third one about the advantages and disadvantages
2012 has been a remarkable year for Solar in India. The country continued its journey towards better energy security this year witnessing significant solar capacity additions. Having ended 2011 on a relatively small high of 300 MW of solar capacity addition, India finally entered the 1 GW solar club during the middle of 2012. This
The lack of enthusiasm for REC trading has prompted the Central Electricity Regulatory Commission(CERC) to rethink the validity of the RECs, which is currently at 365 days. As the CERC put it,” It is noticed that non-solar REC prices have remained at floor price since September 2012 as supply of REC remains far in excess
CERC invites comments on extending the validity of RECs beyond 365 days Read More »
