Browsing All posts tagged under »Renewable purchase obligations«

RE in Maharashtra – progressing but crawling towards potential

April 4, 2011 by

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Maharashtra continues to face power shortage. While Jaitapur nuclear plant may be witnessing opposition from locals, a recent economic survey of Maharashtra presented at the state legislature says that only 2,936 MW out of total 8,655 MW renewable energy potential has been tapped. Exploiting this potential, with an expected investment of around Rs. 30,000 crore […]

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 […]

Renewable purchase obligations for the state of Gujarat

February 1, 2011 by

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Renewable energy certificates mechanism encourages renewable energy generation in the country. Under the Electricity Act 2003 and the National Tariff Policy 2006, the central and the state electricity regulatory commissions must purchase a certain percentage of grid-based power from renewable sources. This is referred as Renewable Purchase Obligations (RPO). Gujarat Electricity Regulatory Commission (GERC) sets […]