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Posts Tagged 'RPO'

Will RPO finally be enforced in India?

Yet again, we have heard about the government’s seriousness about RPO (renewable purchase obligation). The only difference is that, this time it is by the NDA government. Now, why would we take this any more seriously than all of the earlier attempts? Optimists point to the following: 1. To enforce RPO, the government plans to amend […]

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Posted in: Electricity Generation and Transmission, Policies and Regulations

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RPO Compliance and Penalties for Non Compliance

Many individuals and industry professionals had enquired me about the penalties for non-compliance for RPO (renewable purchase obligations). Of course, implementing obligation compliance is a difficult thing indeed. In countries such as India, which are considered “soft states” when it comes to implementing any policies against anyone, leave alone against large and influential “discoms”, the […]

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Posted in: Policies and Regulations

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REC Trading – November 2011

The REC trading for the month of November concluded yesterday. Figures reveal that the trading has increased significantly both in volume of RECs traded as well as the price. In total 105,527 RECs were sold. Keeping with the trend of previous months, IEX had a higher share of the market with 96,154 (90%) RECs traded […]

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Posted in: Biomass Power, Solar Energy, Solar Photovoltaic, Thin Film, Wind Energy

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REC Trading – September 2011

The REC trading for the month of September concluded recently. Trading figures reveal that the trading has increased significantly both in volume of RECs traded as well as the price. In total 46,362 RECs were sold. Keeping with the trend of previous months, IEX had a higher share of the market with 41,385 (89%) RECs […]

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Posted in: Biomass Power, Energy Efficiency, Solar Energy, Solar Photovoltaic, Wind Energy

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Changes to the Renewable Energy Certificates(RECs) Price Band

The Central Electricity Regulatory Commission (CERC) is inviting comments and suggestions for the revision of the price band for the Renewable Energy Certificates (RECs) traded at the power exchanges. The hearing is scheduled for 14.07.2011 and comments/suggestions can be sent by the stakeholders by 05.07.2011. Given below are the details of the proposed revised price […]

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A review of the Indian Renewable Energy Certificate (REC) trading for April 2011

The trading of Renewable Energy Certificates (REC) s in India started successfully on 30th March 2011. A detailed review of the first trading day is available at http://bit.ly/fg7Dtu . REC trading is scheduled to take place on the final Wednesday of every month. The REC trading for the month of April 2011 took place on […]

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Renewable Energy Certificates (REC) trading takes off in India

The trading of Renewable Energy Certificates (REC), one of the key growth drivers for the Renewable energy industry, has successfully started in India. The RECs were traded in 2 of the major power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited(PXIL). For readers new to the subject, here are some basics. You […]

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