Browsing All posts tagged under »CERC«

Summary of second amendment to REC regulations

April 6, 2013 by

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Central Electricity Regulatory Commission (CERC) suggested amendment in the existing REC regulations. The principal objective of the Amendment Regulations is to provide clarity on applicability of the regulations to eligible entities and bring in certain essential checks and balances in the REC related process. The summary of the draft amendments is given below; Reverse bidding […]

Indian REC Market – Why will it remain attractive?

May 20, 2011 by

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Read more on Solar REC market in India – History, Take off and Current Scenario REC Mechanism has been well taken by the RE Project developers with 71 project accredited and 30 projects registered across technologies – wind, biomass, small hydro and co-generation. The result of the last trading session and the floor price, especially the […]

Renewable Energy Certificates – Issuance

March 21, 2011 by

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Continuing with our earlier posts on RECs – “Renewable Energy Certificates – Accreditation” and “Renewable Energy Certificates – Registration”, we will elaborate the procedure for issuance of RECs to eligible projects. The process is executed in following steps, STEP 1 Eligible entity will make an application to the Central Agency for the issuance of Renewable […]

PPA under REC Mechanism – unit prices

March 16, 2011 by

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Essential concept of the REC mechanism is the split of the electricity revenue for a renewable energy producer into a “pure” electricity component and the environmental commodity, the REC. The RE producer will therefore have to sign a Power Purchase Agreement (PPA) with the distribution or transmission utility at the “average pooled purchase cost” (APPC) […]

Renewable Energy Certificates – Registration

March 16, 2011 by

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Continuing from our previous post on Accreditation process of RECs, we will highlight here the basic procedure for registration of Renewable Energy projects. The process is described in a step by step manner below – STEP 1 The Renewable Energy generating company shall apply for availing registration to the Central Agency. This application will be […]

Renewable Energy Certificates – Accreditation

March 15, 2011 by

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With the launch of REC mechanism in India, a number of project developers have started activity towards generating RECs from their Renewable Energy projects. It is essential to understand the renewable energy technologies that qualify for earning RECs. As of date, 48 projects have been accredited. The list is dominated by wind energy projects accounting […]