Following the steep downward revision of REC prices and the removal of vintage multiplier by the Central Electricity Regulatory Commission(CERC) (details of the CERC order here), several REC-generator filed petitions in Supreme Court seeking relief. Based on the petition, Supreme Court has stayed the new price regime and also stayed the trading. According to Business […]
The Central Electricity Regulatory Commission(CERC) has released the final order on the REC forbearance and floor prices for Solar and non-Solar RECs. This follows the draft order released earlier in March 2017(more here) and the subsequent feedback from the industry stakeholders. The new price range, effective from 1st April 2017 till further notice, is as
Renewable Energy Certificates – Final price band released by CERC Read More »
The Central Electricity Regulatory Commission(CERC) has released the final order for the reduction of the REC prices(Third Amendment). With this, CERC has removed one of the major obstacles that prevented Obligated Entities(OEs) from buying Solar RECs. The CERC had released a draft proposal in October 2014(more details here), and after taking the inputs from the stakeholders, the
Solar REC prices reduced by about 60%; Vintage Multipliers introduced Read More »
With the state electricity regulators continuing to be unwilling or unable to enforce RPOs, the REC trading for July 2014 continued to be anemic. The MNRE and the regulators conducted a meeting earlier this month about ways to revive the RPO and REC mechanism, but other than adding one more complexity by the name Renewable
The REC trading session for the month – June 2014 concluded yesterday. The major story last month was the booming solar REC trade numbers which indicated growing interest in solar REC. However, solar REC trading dropped by about 22% this month compared to last month’s numbers. While the drop in solar REC trading is disheartening,
REC Trading – June 2014 – Nonsolar REC trading almost quadruples Read More »
The REC trading session for the month – May 2014 concluded today. Last month witnessed significant falls in trading in both solar and non-solar RECs. While the non-solar REC traded volumes fell by about 63% this month, the traded volume of solar RECs almost doubled compared to last month’s numbers increasing by about 114%. The
REC Trading – May 2014 – Solar trading posts gains while non-solar dips Read More »
The REC trading session for the month – April 2014 concluded on Wednesday. The end of the financial year saw a spike in trading in March 2014 but following this, the momentum has not kept up. The traded volume of both solar and non-solar RECs tanked significantly at both the energy exchanges. The traded volume
REC Trading – April 2014 – Solar trading hits new lows Read More »
Haryana Power Purchase Centre(HPPC), on behalf of the Haryana Distribution companies(Discom) Uttar Haryana Bijli Vitran Nigam Limited (UHBVN) & Dakshin Haryana Bijli Vitran Nigam Limited( DHBVN), has released tender documents for 50 MW of solar PV capacity. The tender was released in order to meet the Renewable Purchase Obligations(RPOs).The highlights of the tender are as follows. 1.
The REC trading session for the month – March 2014 concluded yesterday. Since March marks the end of the financial year, there has been a significant spike in volume traded in the month. The solar REC trade volume saw a growth of 33% compared to the numbers seen last month while the non-Solar RECs’ traded
REC Trading – March 2014 – FY end boosts trade volumes Read More »
The REC trading session for the month – February 2014 concluded today. The solar REC trade volume which had dropped significantly in the last month’s trading session has rallied this month with an increase of about 31% in traded volume compared to January 2014. Non-Solar RECs’ traded volume also showed modest growth with the traded
REC Trading – February 2014 – Solar trading increases by about 31% Read More »
