REC trading for the month of July 2013 concluded Today. As was the case last month, Solar RECs continue to langiush at the bottom with the solar RECs trading at their floor price for the second month in succession. It is very likely that the solar RECs would continue to trade at the floor price […]
REC Trading – July 2013 – Solar RECs continue to flatline Read More »
We had earlier written about CERC proposing to amend the REC guidelines in a blog post in April 2013. The CERC, vide an order dated July 10th 2013 titled Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation) (Second Amendment) Regulations, 2013 has made the
REC trading for the month of June 2013 concluded on Wednesday. Keeping up with the downward trend, the Solar RECs have reached new lows and hit the floor price for the first time since trading began trading at the floor price of Rs. 9300 per certificate at both IEX and PXIL. This appears to be
REC Trading – June 2013 – Solar RECs hit floor price limit Read More »
REC trading for the month of May 2013 concluded yesterday. In a sharp turn of fortunes, the Solar REC segment which has so far seemed resilient to the ill fortunes of the non-solar REC market has experienced a downward trend hitting its lowest discovered price per REC since the solar REC trading began.
REC Trading – May 2013 – Solar REC hits new lows Read More »
REC trading for the month of April 2013 concluded last week. As expected, with the end of the previous compliance year, the trading saw a significant drop in numbers for the month of April both in terms of volume traded as well as the price discovered for the RECs. The trading data for the month
Following the announcement that the validty of the RECs would be extended beyond their present 365 day window, the Central Electricity Regulatory Commission (CERC) has now released a second set of (draft) amendments to their REC guidelines. These amendments – as can be seen from the draft documents published by CERC are more clarifications of
CERC proposes draft amendments to REC guidelines Read More »
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 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
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
