The newsletter provides a summary of developments in the renewable energy sector in India for the month of October 2012. Key points include:
- REC prices remained at the floor price due to a large oversupply of RECs, with over 13 lakh RECs remaining unsold.
- The CERC provided an order on eligibility of UP co-gen plants for RECs, clarifying that plants consuming 51% or more of power for self-use are not eligible if they avail electricity duty waivers.
- Tamil Nadu announced a new solar policy targeting 3000 MW of solar capacity by 2015 through various programs.
- In REC trading for the month, demand was lower than supply, keeping prices at
Renewable Energy Certificate Mechanism in India sanjeev jain
This document provides an overview of India's Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC) framework. It discusses the key objectives of introducing the REC mechanism, including effective RPO implementation and increased flexibility. It describes the entities involved and the concepts of RECs representing each MWh of renewable energy generated. Eligible renewable energy generators can register and be issued RECs which can then be traded on power exchanges to meet RPO targets set by state commissions. The document outlines the accreditation, registration, issuance and trading processes and discusses pricing frameworks and fees for RECs.
Introduction to the Renewable Energy Certificate (REC) MechanismSpark Network
Renewable Energy Certificate (REC) Mechanism issued by Ministry of New & Renewable Energy of India to facilitate interstate transactions of Renewable Energy and to promote RE based projects. This report covers all the basic aspects of REC Mechanism along with the Operational Framewokr of the same.
1) Renewable energy makes up about 21% of India's total installed electricity generation capacity as of 2011, with wind and small hydro being the largest sources.
2) The Electricity Act of 2003 and India's National Action Plan on Climate Change set targets to increase the share of renewable energy to around 15% of total generation by 2020. State governments set annual Renewable Purchase Obligation (RPO) targets for distribution companies to meet this goal.
3) Renewable energy certificates (RECs) were established as an instrument to promote renewable energy by separating the renewable attributes from the underlying electricity. RECs allow renewable energy generators to sell certificates in addition to the electricity itself to meet RPO targets.
The document summarizes Singapore's electricity market reforms from 1995 to 2008. It outlines how the market was initially monopolized by the Public Utilities Board but was reformed to introduce competition through corporatizing the industry and separating generation, transmission, and retail. Key steps included establishing an independent regulator EMA, a market operator, and allowing new generation companies to enter. The reforms have led to downward pressure on electricity prices for consumers and incentives for companies to improve efficiency through cost-effective technologies and fuel usage.
This document summarizes solar policies in India at the national and state levels. The national Jawaharlal Nehru National Solar Mission aims to achieve 20,000 MW of solar power by 2022 through 3 phases. Key objectives include grid parity by 2020 and parity with coal power by 2030. States like Gujarat, Rajasthan, and Andhra Pradesh have been leaders in solar capacity and generation. State policies address tariffs, taxes, wheeling charges, and rooftop solar initiatives. Overall, the document analyzes progress and gaps in policies, and recommends priorities like standard net metering guidelines to fully realize India's solar energy potential.
The document discusses amendments made by the Central Electricity Regulatory Commission to the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2012. Key points include:
1) Amendments made to technical norms for biomass power projects and limits placed on fossil fuel use in biomass plants.
2) Specification of Operation and Maintenance expenses for solar PV projects for FY 2016-17.
3) Clarification provided on Return on Equity rates fixed in the regulations and treatment of suggestions made by stakeholders.
4) Presentation of levelized generic tariffs determined for various renewable energy technologies for FY 2016-17.
The document discusses renewable energy sources and capacity in India. It notes that as of May 2013, wind power made up the largest share of renewable energy capacity at 18,552 MW or 69% of the total. It also provides details on India's renewable purchase obligation (RPO) targets set by various states, which require distribution companies and obligated entities to purchase a certain percentage of electricity from renewable sources. The document outlines the regulatory framework and features of India's renewable energy certificates (REC) mechanism, which allows obligated entities to purchase RECs on power exchanges to meet their RPO targets. It identifies challenges with REC compliance and discusses potential alternatives and avenues to strengthen the REC framework and further promote renewable energy in India.
Renewable Energy Certificate Mechanism in India sanjeev jain
This document provides an overview of India's Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC) framework. It discusses the key objectives of introducing the REC mechanism, including effective RPO implementation and increased flexibility. It describes the entities involved and the concepts of RECs representing each MWh of renewable energy generated. Eligible renewable energy generators can register and be issued RECs which can then be traded on power exchanges to meet RPO targets set by state commissions. The document outlines the accreditation, registration, issuance and trading processes and discusses pricing frameworks and fees for RECs.
Introduction to the Renewable Energy Certificate (REC) MechanismSpark Network
Renewable Energy Certificate (REC) Mechanism issued by Ministry of New & Renewable Energy of India to facilitate interstate transactions of Renewable Energy and to promote RE based projects. This report covers all the basic aspects of REC Mechanism along with the Operational Framewokr of the same.
1) Renewable energy makes up about 21% of India's total installed electricity generation capacity as of 2011, with wind and small hydro being the largest sources.
2) The Electricity Act of 2003 and India's National Action Plan on Climate Change set targets to increase the share of renewable energy to around 15% of total generation by 2020. State governments set annual Renewable Purchase Obligation (RPO) targets for distribution companies to meet this goal.
3) Renewable energy certificates (RECs) were established as an instrument to promote renewable energy by separating the renewable attributes from the underlying electricity. RECs allow renewable energy generators to sell certificates in addition to the electricity itself to meet RPO targets.
The document summarizes Singapore's electricity market reforms from 1995 to 2008. It outlines how the market was initially monopolized by the Public Utilities Board but was reformed to introduce competition through corporatizing the industry and separating generation, transmission, and retail. Key steps included establishing an independent regulator EMA, a market operator, and allowing new generation companies to enter. The reforms have led to downward pressure on electricity prices for consumers and incentives for companies to improve efficiency through cost-effective technologies and fuel usage.
This document summarizes solar policies in India at the national and state levels. The national Jawaharlal Nehru National Solar Mission aims to achieve 20,000 MW of solar power by 2022 through 3 phases. Key objectives include grid parity by 2020 and parity with coal power by 2030. States like Gujarat, Rajasthan, and Andhra Pradesh have been leaders in solar capacity and generation. State policies address tariffs, taxes, wheeling charges, and rooftop solar initiatives. Overall, the document analyzes progress and gaps in policies, and recommends priorities like standard net metering guidelines to fully realize India's solar energy potential.
The document discusses amendments made by the Central Electricity Regulatory Commission to the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2012. Key points include:
1) Amendments made to technical norms for biomass power projects and limits placed on fossil fuel use in biomass plants.
2) Specification of Operation and Maintenance expenses for solar PV projects for FY 2016-17.
3) Clarification provided on Return on Equity rates fixed in the regulations and treatment of suggestions made by stakeholders.
4) Presentation of levelized generic tariffs determined for various renewable energy technologies for FY 2016-17.
The document discusses renewable energy sources and capacity in India. It notes that as of May 2013, wind power made up the largest share of renewable energy capacity at 18,552 MW or 69% of the total. It also provides details on India's renewable purchase obligation (RPO) targets set by various states, which require distribution companies and obligated entities to purchase a certain percentage of electricity from renewable sources. The document outlines the regulatory framework and features of India's renewable energy certificates (REC) mechanism, which allows obligated entities to purchase RECs on power exchanges to meet their RPO targets. It identifies challenges with REC compliance and discusses potential alternatives and avenues to strengthen the REC framework and further promote renewable energy in India.
Day-3, Mr. Ramesh Narayan BYPL Ippai issues in distributionIPPAI
This document summarizes key points from a presentation on issues in power distribution and open access in India.
1) There is a large mismatch between power generation capacity and demand in India, with suppressed demand from lack of connections, pumpsets running on diesel, and unelectrified rail corridors.
2) The 12th Five Year Plan aims to increase generation capacity by 88,536 MW and invest over 350,000 crores in transmission and distribution. Key targets include reducing technical and commercial losses.
3) Distribution faces major challenges including high power purchase costs, inadequate tariffs, and accumulated losses of over 1.2 lac crores for utilities. Reforms proposed include cost-reflective tariffs, financial re
The document provides an overview of Singapore's electricity sector reforms and the current electricity market structure. Key points:
- Singapore liberalized its electricity market in the 1990s and established a competitive wholesale market in 2003 managed by the Energy Market Company.
- The Energy Market Authority regulates the electricity sector and ensures security of supply as the Power System Operator.
- The market has several generating companies, transmission is handled by SP PowerAssets, and retail is open to competition from licensed retailers.
- Prices are determined in the wholesale market, though some contracts are imposed to reduce the largest generators' market power.
Official Document of the Solar Power Policy of Andhra Pradesh 2015.
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
Solar Parks are becoming increasingly popular & MNRE is leaving no stone unturned to make them a success.
The ppt mentions the nuts & bolts of the Solar Park Scheme of MNRE.
The document provides frequently asked questions about Rajasthan's Solar Energy Policy of 2014. It addresses questions about the nodal agency for solar development, available schemes for setting up solar power projects, renewable purchase obligations, key policy highlights including provisions for government land allocation and solar parks, the process for project registration, timelines for commissioning projects, and applicable fees and charges.
Will Renewable Energy Certificates(RECs) drive the growth of Solar in India?madhavanvee
The document discusses Renewable Energy Certificates (RECs) and their role in driving solar growth in India. RECs are important because they allow obligated entities to meet renewable purchase obligations (RPOs) mandated by states, providing a financial incentive for solar projects. RECs can make financial sense for solar projects compared to preferential tariffs, with internal rates of return ranging from 10-38% depending on REC and power prices. However, RECs also face challenges related to lack of enforcement of RPOs, uncertainty around prices and policies, and financial issues facing distribution companies. Overall, RECs provide a promising mechanism to support solar growth in India if these challenges can be addressed.
The summary provides an overview of India's solar policies and the Jawaharlal Nehru National Solar Mission (JNNSM). Key points include:
- The JNNSM aims to achieve 20,000 MW of grid-connected solar power by 2022 through a phased approach from 2010-2022. Phase 1 targets 500 MW by 2013.
- It also targets 1,000 MW of off-grid solar power by 2017 and 2,000 MW by 2022 through programs like solar home lighting and microgrids.
- Policies include capital subsidies, soft loans, generation-based incentives and renewable purchase obligations set by states to encourage solar development.
- For grid projects,
This document provides a combined summary of solar power policies for various Indian states, including Bihar, Chhattisgarh, Gujarat, Haryana, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, and Manipur. For each state, the summary outlines key details such as the order date, eligible producers, land allotment process, operative period, tariffs for power sales, wheeling charges, banking policies, responsibility for power evacuation and grid interfacing, and available incentives. The policies aim to promote solar power development by private producers and provide standardized terms for land acquisition, power purchase agreements, wheeling of electricity, and other regulatory aspects of solar projects.
Developing Solar Projects under REC Mechanism in IndiaBhargav Parmar
Instead of signing MoU, PPA, submitting performance bank guarantee etc for 25 years or participating in cut throat bidding process (project is viable only to module manufacturers for the rate it can be achieved), I suggest to develop the solar project under REC Mechanism, as for selling the power through average exchange rate and realizing the mean value of REC rate for first five years and half of the floor price for next 5 years, yields levellised rate of Rs.10.536*. [Solar Tariff in Gujarat: Rs. 9.28 for project commissioned up to 2013, Rs. 8.63 for project commissioned up to 2014 and Rs. 8.03 for project commissioned up to 2015].
Even if REC floor price is reduced by half for next 5 years and NIL thereafter, developing the project under REC and selling the power through Energy Exchange, would yield rate of Rs.9.647 which is more than maximum rate of NVVN against cost of generation not more than Rs.6.50. [NVVN is the nodal agency of NTPC for procuring solar power to meet their REC requirement. In the 1st phase NVVN finalized bid for 150 MW Solar Projects and in latest bid for 350 MW Solar Projects. In the latest NVVN bid the price offer for solar power projects were minimum Rs.7.49 and maximum Rs.9.44]
The Sate of Tamil Nadu has recently released new solar policy with highly ambitious target of 9GW by 2023. Gensol has highlighted key areas of focus & inferences with respect to incentives, energy accounting, wheeling of power etc.
India has over 2.5 GW of installed solar photovoltaic capacity as of May 2014. While India added only 916 MW of new solar installations in 2013, it still ranked sixth globally for solar capacity additions that year. Government policies have been the primary driver of India's solar energy sector, but the market is gradually shifting from incentive-driven to price-parity driven as solar plants without power purchase agreements from utilities are contributing more capacity. The announcements of new state-level solar policies and allocations under the National Solar Mission's Phase 2 have increased excitement for solar development in India.
Solar in India have its own importance. It's the best opportunity for investors and this presentation explores it. If you need any further info please feel free to contact me. Viraj
The document discusses India's experience with power procurement through international competitive bidding. It outlines the guiding principles of promoting competition and protecting consumer interests. Case I bidding allows flexibility for developers while Case II bidding specifies project parameters. Early Case I bids saw tariffs around Rs. 2-3/kWh but they have risen to Rs. 4-6/kWh due to fuel supply and cost uncertainties faced by developers over 25-year contracts. Case II bids saw lower initial tariffs of Rs. 1-2.5/kWh but projects like the Tilaiya UMPP face delays from land and clearance issues. Key learnings are a need for mid-term tariff reviews, provisions for uncertainties, and readiness of key
Maharashtra has a power sector structured into four state-owned entities overseen by the Maharashtra Electricity Regulatory Commission. Peak demand is around 20,000 MW with deficits in peak demand and energy. The state has a generation capacity of 37,797 MW from state, central, and private sources. Distribution is handled by four licensees serving over 2 million consumers. The government aims to provide 24/7 power access to all households by 2019 through its 'Power for All' program. Maharashtra has a renewable energy target of 14,900 MW by 2022 through various policy mechanisms like net metering, renewable purchase obligations, and viability gap funding.
The document discusses several topics related to the energy sector:
1) Oman's power sector subsidy is projected to cost $2.7 billion in 2014, a 12% increase from 2013, highlighting the economic costs of supporting the growing electricity and water sector.
2) Siemens has handed over a 1,600 megawatt power plant in Abu Dhabi to begin commercial operations in a partnership with Daewoo.
3) The National Drilling Company in the UAE has inaugurated five new rigs as part of plans to expand its fleet and enhance oil well operations.
Gensol has summarised the tender issued by SECI for 2.5GW Wind Solar Hybrid ISTS projects.
The document covers major commercial & technical guidelines provided in the tender.
A comparative study has been carried by Gensol on Solar-Wind Hybrid Policies issued by Central Government, Gujarat State & Andhra Pradesh (A.P.) in terms of following:
1) Incentives & Pertinent Charges
2) Evacuation & Metering Scheme
3) Energy Accounting & Banking
4) AC-DC Integration & other important clauses.
1) The document discusses issues facing India's power transmission sector, including long delays in the project bidding process, difficulties acquiring right-of-way, and lack of risk sharing mechanisms.
2) It also presents global ideas for optimizing energy resources, including building an intercontinental HVDC transmission network in Europe connecting areas with renewable energy potential.
3) Recommendations are made to address India's transmission challenges, such as coordinating state and central transmission planning and declaring inter-state projects as central government initiatives.
This document discusses fuel supply issues and risk mitigation measures for India's power sector. It notes India's growing energy demand driven by economic growth. Key fuel supply issues include stagnating domestic coal production, reliance on coal imports, declining domestic gas and oil production, and infrastructure challenges. Suggested risk mitigation measures involve incentivizing higher plant efficiencies, procuring coal from overseas mines, discoms taking responsibility for fuel procurement, supporting renewable energy through policies like RPOs and storage investments, and demand-side measures like energy efficiency programs and tariff rationalization. The document advocates for reforms to address India's fuel supply challenges and ensure reliable power for its growing economy.
1. Energy conservation in power distribution systems provides opportunities to reduce energy usage and wastage. Initiatives like demand side management, daylight saving time, and demand response programs encourage efficient energy usage among customers.
2. Implementing these initiatives can help meet increasing energy demand at lower costs than installing new power plants. India's Energy Conservation Act of 2001 established the Bureau of Energy Efficiency to promote energy efficiency programs nationwide.
3. Common energy conservation measures in power distribution include improving power factors, reconductoring lines to reduce losses, optimizing transformer usage, and deploying more efficient transformer technologies.
Day-3, Mr. Ramesh Narayan BYPL Ippai issues in distributionIPPAI
This document summarizes key points from a presentation on issues in power distribution and open access in India.
1) There is a large mismatch between power generation capacity and demand in India, with suppressed demand from lack of connections, pumpsets running on diesel, and unelectrified rail corridors.
2) The 12th Five Year Plan aims to increase generation capacity by 88,536 MW and invest over 350,000 crores in transmission and distribution. Key targets include reducing technical and commercial losses.
3) Distribution faces major challenges including high power purchase costs, inadequate tariffs, and accumulated losses of over 1.2 lac crores for utilities. Reforms proposed include cost-reflective tariffs, financial re
The document provides an overview of Singapore's electricity sector reforms and the current electricity market structure. Key points:
- Singapore liberalized its electricity market in the 1990s and established a competitive wholesale market in 2003 managed by the Energy Market Company.
- The Energy Market Authority regulates the electricity sector and ensures security of supply as the Power System Operator.
- The market has several generating companies, transmission is handled by SP PowerAssets, and retail is open to competition from licensed retailers.
- Prices are determined in the wholesale market, though some contracts are imposed to reduce the largest generators' market power.
Official Document of the Solar Power Policy of Andhra Pradesh 2015.
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
Solar Parks are becoming increasingly popular & MNRE is leaving no stone unturned to make them a success.
The ppt mentions the nuts & bolts of the Solar Park Scheme of MNRE.
The document provides frequently asked questions about Rajasthan's Solar Energy Policy of 2014. It addresses questions about the nodal agency for solar development, available schemes for setting up solar power projects, renewable purchase obligations, key policy highlights including provisions for government land allocation and solar parks, the process for project registration, timelines for commissioning projects, and applicable fees and charges.
Will Renewable Energy Certificates(RECs) drive the growth of Solar in India?madhavanvee
The document discusses Renewable Energy Certificates (RECs) and their role in driving solar growth in India. RECs are important because they allow obligated entities to meet renewable purchase obligations (RPOs) mandated by states, providing a financial incentive for solar projects. RECs can make financial sense for solar projects compared to preferential tariffs, with internal rates of return ranging from 10-38% depending on REC and power prices. However, RECs also face challenges related to lack of enforcement of RPOs, uncertainty around prices and policies, and financial issues facing distribution companies. Overall, RECs provide a promising mechanism to support solar growth in India if these challenges can be addressed.
The summary provides an overview of India's solar policies and the Jawaharlal Nehru National Solar Mission (JNNSM). Key points include:
- The JNNSM aims to achieve 20,000 MW of grid-connected solar power by 2022 through a phased approach from 2010-2022. Phase 1 targets 500 MW by 2013.
- It also targets 1,000 MW of off-grid solar power by 2017 and 2,000 MW by 2022 through programs like solar home lighting and microgrids.
- Policies include capital subsidies, soft loans, generation-based incentives and renewable purchase obligations set by states to encourage solar development.
- For grid projects,
This document provides a combined summary of solar power policies for various Indian states, including Bihar, Chhattisgarh, Gujarat, Haryana, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, and Manipur. For each state, the summary outlines key details such as the order date, eligible producers, land allotment process, operative period, tariffs for power sales, wheeling charges, banking policies, responsibility for power evacuation and grid interfacing, and available incentives. The policies aim to promote solar power development by private producers and provide standardized terms for land acquisition, power purchase agreements, wheeling of electricity, and other regulatory aspects of solar projects.
Developing Solar Projects under REC Mechanism in IndiaBhargav Parmar
Instead of signing MoU, PPA, submitting performance bank guarantee etc for 25 years or participating in cut throat bidding process (project is viable only to module manufacturers for the rate it can be achieved), I suggest to develop the solar project under REC Mechanism, as for selling the power through average exchange rate and realizing the mean value of REC rate for first five years and half of the floor price for next 5 years, yields levellised rate of Rs.10.536*. [Solar Tariff in Gujarat: Rs. 9.28 for project commissioned up to 2013, Rs. 8.63 for project commissioned up to 2014 and Rs. 8.03 for project commissioned up to 2015].
Even if REC floor price is reduced by half for next 5 years and NIL thereafter, developing the project under REC and selling the power through Energy Exchange, would yield rate of Rs.9.647 which is more than maximum rate of NVVN against cost of generation not more than Rs.6.50. [NVVN is the nodal agency of NTPC for procuring solar power to meet their REC requirement. In the 1st phase NVVN finalized bid for 150 MW Solar Projects and in latest bid for 350 MW Solar Projects. In the latest NVVN bid the price offer for solar power projects were minimum Rs.7.49 and maximum Rs.9.44]
The Sate of Tamil Nadu has recently released new solar policy with highly ambitious target of 9GW by 2023. Gensol has highlighted key areas of focus & inferences with respect to incentives, energy accounting, wheeling of power etc.
India has over 2.5 GW of installed solar photovoltaic capacity as of May 2014. While India added only 916 MW of new solar installations in 2013, it still ranked sixth globally for solar capacity additions that year. Government policies have been the primary driver of India's solar energy sector, but the market is gradually shifting from incentive-driven to price-parity driven as solar plants without power purchase agreements from utilities are contributing more capacity. The announcements of new state-level solar policies and allocations under the National Solar Mission's Phase 2 have increased excitement for solar development in India.
Solar in India have its own importance. It's the best opportunity for investors and this presentation explores it. If you need any further info please feel free to contact me. Viraj
The document discusses India's experience with power procurement through international competitive bidding. It outlines the guiding principles of promoting competition and protecting consumer interests. Case I bidding allows flexibility for developers while Case II bidding specifies project parameters. Early Case I bids saw tariffs around Rs. 2-3/kWh but they have risen to Rs. 4-6/kWh due to fuel supply and cost uncertainties faced by developers over 25-year contracts. Case II bids saw lower initial tariffs of Rs. 1-2.5/kWh but projects like the Tilaiya UMPP face delays from land and clearance issues. Key learnings are a need for mid-term tariff reviews, provisions for uncertainties, and readiness of key
Maharashtra has a power sector structured into four state-owned entities overseen by the Maharashtra Electricity Regulatory Commission. Peak demand is around 20,000 MW with deficits in peak demand and energy. The state has a generation capacity of 37,797 MW from state, central, and private sources. Distribution is handled by four licensees serving over 2 million consumers. The government aims to provide 24/7 power access to all households by 2019 through its 'Power for All' program. Maharashtra has a renewable energy target of 14,900 MW by 2022 through various policy mechanisms like net metering, renewable purchase obligations, and viability gap funding.
The document discusses several topics related to the energy sector:
1) Oman's power sector subsidy is projected to cost $2.7 billion in 2014, a 12% increase from 2013, highlighting the economic costs of supporting the growing electricity and water sector.
2) Siemens has handed over a 1,600 megawatt power plant in Abu Dhabi to begin commercial operations in a partnership with Daewoo.
3) The National Drilling Company in the UAE has inaugurated five new rigs as part of plans to expand its fleet and enhance oil well operations.
Gensol has summarised the tender issued by SECI for 2.5GW Wind Solar Hybrid ISTS projects.
The document covers major commercial & technical guidelines provided in the tender.
A comparative study has been carried by Gensol on Solar-Wind Hybrid Policies issued by Central Government, Gujarat State & Andhra Pradesh (A.P.) in terms of following:
1) Incentives & Pertinent Charges
2) Evacuation & Metering Scheme
3) Energy Accounting & Banking
4) AC-DC Integration & other important clauses.
1) The document discusses issues facing India's power transmission sector, including long delays in the project bidding process, difficulties acquiring right-of-way, and lack of risk sharing mechanisms.
2) It also presents global ideas for optimizing energy resources, including building an intercontinental HVDC transmission network in Europe connecting areas with renewable energy potential.
3) Recommendations are made to address India's transmission challenges, such as coordinating state and central transmission planning and declaring inter-state projects as central government initiatives.
This document discusses fuel supply issues and risk mitigation measures for India's power sector. It notes India's growing energy demand driven by economic growth. Key fuel supply issues include stagnating domestic coal production, reliance on coal imports, declining domestic gas and oil production, and infrastructure challenges. Suggested risk mitigation measures involve incentivizing higher plant efficiencies, procuring coal from overseas mines, discoms taking responsibility for fuel procurement, supporting renewable energy through policies like RPOs and storage investments, and demand-side measures like energy efficiency programs and tariff rationalization. The document advocates for reforms to address India's fuel supply challenges and ensure reliable power for its growing economy.
1. Energy conservation in power distribution systems provides opportunities to reduce energy usage and wastage. Initiatives like demand side management, daylight saving time, and demand response programs encourage efficient energy usage among customers.
2. Implementing these initiatives can help meet increasing energy demand at lower costs than installing new power plants. India's Energy Conservation Act of 2001 established the Bureau of Energy Efficiency to promote energy efficiency programs nationwide.
3. Common energy conservation measures in power distribution include improving power factors, reconductoring lines to reduce losses, optimizing transformer usage, and deploying more efficient transformer technologies.
Satish Kashyap At Renew Tech India 2010satishkashyap
The document discusses global and domestic climate policy. Globally, it summarizes the outcomes of the Copenhagen summit, including agreements on limiting temperature rise and funding for REDD. Domestically, it outlines India's national policy for promoting renewable energy through a renewable energy certificate framework modeled after other countries. It also provides an overview of post-2012 scenarios for carbon markets in the EU and potential US policies.
Rec & Rpo Update April 2012 General Carbonsatishkashyap
This document summarizes REC (Renewable Energy Certificate) supply and demand in India. It estimates that REC issuance in 2013 will be around 121 million, with average monthly issuance of 10.08 million. It also estimates REC demand based on India's renewable energy targets and generation, finding a shortfall of around 4.7 billion kilowatt-hours in 2013 that will need to be met with RECs. The document discusses factors that will impact REC pricing, such as enforcement of renewable purchase obligations, and provides short and medium-term price forecasts of INR 2,000 and INR 1,800 per REC respectively. It also charts historical REC prices on Indian exchanges.
The document discusses renewable purchase obligations (RPO) and renewable energy certificates (RECs) in India. It notes that RPO targets are set by state electricity regulatory commissions to mandate that state utilities procure a certain portion of power from renewable energy sources. RECs represent 1 MWh of renewable energy generation and are traded separately from electricity on energy exchanges. Obligated entities like distribution companies and open access consumers can purchase RECs to meet their RPO targets set by states. The document outlines the REC mechanism, eligible participants, operational framework, trading process, and roles of state and central agencies in administering the REC program.
1) India has good solar potential but has only connected 15 MW of solar power to the grid, well below expectations, with targets to reach 20,000 MW by 2022.
2) The national solar mission has ambitious targets but private companies are hesitant to invest due to challenges like high capital costs, dependency on foreign manufacturers, lack of EPC companies, and uncertainty around policies beyond 2013 regarding tariffs and transmission charges.
3) Key barriers to large-scale solar development in India include lack of developed land, unpredictable weather, high land requirements, few skilled workers, and complex construction issues.
The ppt gives an overview on recent policy initiatives on Renwable Energy, like cerc\'s new regulation, national solar mission and renewable energy certificate
The document provides an explanatory memorandum for developing tariff norms for solar power projects in India. It discusses:
1. The growth of solar energy globally and in India, with India having significant potential but currently producing a negligible amount of solar energy.
2. Recent policy initiatives in India to promote solar energy, including the National Solar Mission, which aims to make solar power competitive with fossil fuels and increase solar's share of total energy.
3. The approach taken to develop standardized tariff norms for solar projects, which included analyzing project parameters and costs from various existing solar projects in India.
4. Specific proposed norms for solar photovoltaic projects, including a capital cost norm of 18 Cr/MW
This document summarizes the key issues facing Pakistan's economy and energy security, specifically in the power sector. It identifies three main causes of the ongoing problems: (1) an unwillingness by many to pay the true price for electricity due to subsidies and lack of enforcement, (2) political pressure to maintain subsidies across all consumers rather than targeting the poor, and (3) high transmission losses from theft and poor infrastructure that amount to $1.7 billion annually. The document evaluates some proposed solutions in Pakistan's new National Power Policy to address tariffs, losses, and competition, but questions who will be responsible to implement and oversee the reforms across different agencies.
This document summarizes the key issues facing Pakistan's economy and energy security, specifically in the power sector. It identifies three main causes of the ongoing problems: (1) an unwillingness by many to pay the actual costs of electricity due to subsidies; (2) political pressure to maintain subsidies across all consumers; and (3) high transmission losses and theft due in part to weak accountability. The document reviews various proposals in Pakistan's new National Power Policy to address these issues through tariff reforms, curbing losses, and increasing competition in generation. Overall it argues comprehensive reforms are needed across regulatory bodies, state-owned companies, and the civil service to resolve the systemic problems plaguing the power sector.
Response to msedcl demands the cumulative capacity to be allowed at a particular distribution transformer shall not exceed 15% of the
peak capacity of the distribution transformer instead of present 40% and maximum capacity limit of 50%
of consumer’s sanctioned load/contract demand for individual roof top installation need to be added in the
Principal Regulations.’
2. ‘MSEDCL further suggests that the electricity generated from a solar rooftop system shall be capped
cumulatively at 90% of the electricity consumption by the eligible consumer at the end of the relevant billing
period.’
3. ‘MSEDCL humbly requests Hon’ble Commission to allow MSEDCL to levy wheeling charges on rooftop
energy consumption.’
The document discusses India's policies and frameworks for promoting renewable energy. It outlines India's renewable energy targets of installing 175 GW of renewable energy capacity by 2022, including 100 GW of solar and 60 GW of wind. It describes the key bodies involved in renewable energy development and various financial incentives available, such as feed-in tariffs, renewable purchase obligations, and renewable energy certificates. It also summarizes the Electricity Act of 2003, National Electricity Policy, and draft renewable energy policies and frameworks in India aimed at promoting renewable energy growth.
1. The document outlines recommendations from a forum on Pakistan's energy crisis and its management. It recommends short term actions like eliminating circular debt, accelerating recoveries from public entities, checking theft, and rationalizing tariffs. It also recommends medium term actions like eliminating cross subsidies and establishing an energy development fund. Long term recommendations include replacing old thermal units with more efficient ones.
Systems Analysis for Tata Power Corporation’s (TPC) distribution business in ...Divyesh Kumar
This report analyses the electricity distribution business of India’s private sector distribution company – Tata Power Corporation (TPC) from an environmental systems perspective.
The document provides information about pumped storage hydropower projects. Some key points:
- Pumped storage projects store excess energy by pumping water to an upper reservoir, and generate power by releasing the water when demand is high.
- There are three types of projects based on reservoir locations: on-stream, off-stream open loop, and off-stream closed loop.
- The Government of India has issued guidelines to promote pumped storage, including providing clearances, waiving transmission costs, and budgetary support for infrastructure.
- States are encouraged to allocate projects to public sector units and conduct competitive bidding. Tariffs will be set to incentivize peak power supply.
Choosing Green: Status and Challenges of RE based Open AccessWRI India
This document discusses renewable energy-based open access in India, including its current status, challenges, and proposed solutions. Some key points:
- Renewable energy generation varies seasonally and daily, posing integration challenges for grids.
- Many states have seen increasing renewable energy-based open access transactions in recent years, especially solar and wind.
- Challenges to further scaling include gradually reducing waivers on open access charges and transitioning to medium- and long-term open access. Improved forecasting, scheduling, and deviation settlement is also needed.
- Proposed solutions discussed include a new framework for energy banking that appropriately values banked and unbanked energy to address renewable energy's variability.
Economy and Energy Security for Pakistan -What lies ahead
The Economic Survey of Pakistan recognizes that during 2012 around 2 percent of gross domestic product (GDP) was lost due to the power sector outages.
The petroleum crude and products contributed to a third of total imports of Pakistan during 2012
The transmission and distribution (T&D) losses were valued at PKR 140 billion in 2012
Issues being currently faced can be categorised into policy, governance, technical and cost issues
Renewable Energy Certificate (REC) MechanismKranav Sharma
The document discusses the Renewable Energy Certificate (REC) mechanism in India. The key points are:
1) The REC mechanism was created to address the mismatch between availability of renewable energy resources and obligations of states/entities to meet renewable purchase targets.
2) It allows renewable energy generators to separate the renewable attributes of their electricity from the electricity and trade them as RECs.
3) Obligated entities like distribution companies and large consumers can purchase RECs to meet their renewable purchase obligations instead of directly buying renewable energy.
4) The mechanism is administered by state and central agencies who oversee the issuance of RECs based on renewable energy injected into the grid and trading of RECs on power exchanges
Hosting Capacity Analysis for Photovoltaic Rooftop in IndonesiaSyamsirAbduh2
The commitment to reduce emission in all over
the world can be depicted in the Paris Agreement. As one of the
countries involved, Indonesia made a target to increase the
share of renewable energy by 23% in 2030. Furthermore, the
incentive given by the government for the photovoltaic (PV)
rooftop might attract more people and increase the awareness
of renewable energy. However, the rising number of integrated
PV rooftop might have an impact on the grid and the overall
system. So, in order to make sure the reliability of the system,
the hosting capacity is needed. It is a maximum limit of how
much PV rooftop can be integrated into the distribution system
without disturbing the performance of the system. By
implementing the hosting capacity, is expected to avoid an
unnecessary problem like overloading, overvoltage, protection
failure or power quality problem. This paper discusses general
information of technical and economic policy of PV rooftop in
Indonesia and also a case to obtained hosting capacity. A radial
system which consists of three transformers (A, B, and C) is
observed. By using the active power method, the hosting
capacity in each point of load and also along the feeder can be
obtained. Next, the load is projected to increase by 10%, 20%,
30%, and up to 100% of installed capacity. Then, the hosting
capacity and transformer ratio is calculated and analyzed. The
result indicated that the PV limit from the government rules
affects the hosting capacity calculation where the PV projection
is equal as load projection. Finally, this paper is expected to be
used as guidance or source of information for the electricity
company before accepting more PV rooftop on the grid
Keywords—hosting capacity, distributed generation,
The document discusses the development of renewable energy in India through various policies and regulatory frameworks. It outlines the key objectives for introducing the renewable energy certificate (REC) mechanism, including enabling inter-state sale and purchase of renewable energy to help meet renewable purchase obligations across states. The REC mechanism aims to increase flexibility, reduce transaction costs, and create competition among renewable technologies. The summary provides an overview of key aspects of the REC design in India such as eligible sources and entities, obligated entities, and the REC pricing framework.
PNB_Roof Top Solar Power Presentation.pptxParamJothi
1) The document discusses financing grid connected solar rooftop projects in India. It outlines the government's target of 100GW of solar power by 2022, including 40GW from rooftop solar.
2) The bank has policies for financing rooftop solar projects for residential customers up to Rs. 10 lakh, as well as draft policies for MSMEs, industrial, commercial and institutional customers.
3) The bank has financed India's largest rooftop solar PV plant of 19.5MW on a single roof, generating 27 million units annually.
The document provides an overview of India's power and energy sector. It discusses that coal accounts for 53% of primary energy in India, with fossil fuels making up 28-31% and nuclear power 8-10%. The public sector dominates India's power industry, owning 79% of total installed capacity of 1,736,260 MW as of 2017. Key challenges facing the sector include the demand-supply gap, availability of coal, reliance on equipment suppliers, and high transmission and distribution losses. The document outlines various government policies and regulatory bodies that aim to promote private participation and investment in the industry to address issues and achieve long-term sector goals.
The document discusses energy consumption and renewable energy potential in India. It notes that a 6% increase in India's GDP would impose a 9% increased demand on the energy sector. India has significant potential to harness solar energy, with a total potential of 178 billion MW. However, large scale utilization of solar energy is still limited by production efficiency and costs. The document then discusses TATA BP Solar India Limited, which manufactures solar cells at 32 MW per year. It aims to capitalize on the potential of solar energy in India.
public serviceenterprise group LehmanConferencefinance20
Public Service Enterprise Group presented at a conference on global warming solutions. They discussed New Jersey's draft Energy Master Plan, which aims to reduce energy consumption 20% by 2020 through efficiency, lower peak demand 5,700 MW, and meet 22.5% of electricity needs through renewable sources like solar and wind. PSE&G outlined their role in supporting these goals through energy efficiency programs, a $105 million solar investment program, and exploring additional investments in solar, efficiency, demand response, wind, and other technologies.
Communications Mining Series - Zero to Hero - Session 1DianaGray10
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Infrastructure Challenges in Scaling RAG with Custom AI modelsZilliz
Building Retrieval-Augmented Generation (RAG) systems with open-source and custom AI models is a complex task. This talk explores the challenges in productionizing RAG systems, including retrieval performance, response synthesis, and evaluation. We’ll discuss how to leverage open-source models like text embeddings, language models, and custom fine-tuned models to enhance RAG performance. Additionally, we’ll cover how BentoML can help orchestrate and scale these AI components efficiently, ensuring seamless deployment and management of RAG systems in the cloud.
Cosa hanno in comune un mattoncino Lego e la backdoor XZ?Speck&Tech
ABSTRACT: A prima vista, un mattoncino Lego e la backdoor XZ potrebbero avere in comune il fatto di essere entrambi blocchi di costruzione, o dipendenze di progetti creativi e software. La realtà è che un mattoncino Lego e il caso della backdoor XZ hanno molto di più di tutto ciò in comune.
Partecipate alla presentazione per immergervi in una storia di interoperabilità, standard e formati aperti, per poi discutere del ruolo importante che i contributori hanno in una comunità open source sostenibile.
BIO: Sostenitrice del software libero e dei formati standard e aperti. È stata un membro attivo dei progetti Fedora e openSUSE e ha co-fondato l'Associazione LibreItalia dove è stata coinvolta in diversi eventi, migrazioni e formazione relativi a LibreOffice. In precedenza ha lavorato a migrazioni e corsi di formazione su LibreOffice per diverse amministrazioni pubbliche e privati. Da gennaio 2020 lavora in SUSE come Software Release Engineer per Uyuni e SUSE Manager e quando non segue la sua passione per i computer e per Geeko coltiva la sua curiosità per l'astronomia (da cui deriva il suo nickname deneb_alpha).
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!SOFTTECHHUB
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdfPaige Cruz
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
AI 101: An Introduction to the Basics and Impact of Artificial IntelligenceIndexBug
Imagine a world where machines not only perform tasks but also learn, adapt, and make decisions. This is the promise of Artificial Intelligence (AI), a technology that's not just enhancing our lives but revolutionizing entire industries.
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
Building Production Ready Search Pipelines with Spark and Milvus
Re connect newsletter xxvi
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Vol. XXVI
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Dear Readers,
REC prices remained at floor price due to the
large gap in supply and demand. This trend
has persisted for the last several months now.
Even with recent pronouncements by the Ra-
jasthan High Court (covered in September
newsletter) and some action by state ERCs,
demand fell this month compared to last month.
At the same time, supply is continuing to in-
creasing with over 5 lakh RECs being issued
every month. After the end of the trade ses-
sion, close to 13 lakh RECs remain unsold – this
is more than 5 month supply at current demand
levels.
In October, CERC came out with the order on
UP Co-gen plants. The order lays down several
principles which further clarify the eligibility of
RE generators for REC mechanism. However,
several questions still remain before RECs can
be issued to UP Co-gen plants. Our main arti-
cle provides a detailed analysis.
Several states have also been coming out with
their solar policies. This month we analyze the
TN solar policy.
As always, detailed trading statistics, analysis
and regulatory updates are available in this
newsletter.
Happy reading and we look forward to hear-
ing feedback from you.
• Team REConnect
REConnect Energy
India’s Largest Green Credits Trading Company
The verdict by CERC on eligibility for REC of UP Sugar Co-Gen
From Management’s Desk
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
The CERC recently gave its order in the long standing issue on RECs issuances to UP
sugar plants. The order is important as it sheds light on eligibility of RECs, particu-
larly in the case of self-consumption, and is also likely to have a significant impact
on the RECs markets (over 650 MW capacity of sugar mills is registered in the RECs
mechanism from UP alone).
The important points that CERC considered were:
•Eligibility of UP Co-gen plants for RECs for the self-consumption portion
•Roles and responsibility of SLDC
•Various other miscellaneous clarifications on points raised by UP SLDC.
The key outcome of the order is that in case a RE generator does not consume 51%
or more of the power generated, such a generator cannot be classified as a captive
power plant (CPP). Such a generator will be considered as any other RE generator
supplying electricity to a consumer. The self-consumption portion of the power will
be eligible for RECs provided no benefits that are available to CPPs are claimed. In
case such benefits are availed, they will have to be foregone.
In UP, electricity duty is waived on all CPPs since 1998.
Eligibility for RECs based on the order can be summarized as below (specifically in
the case of UP):
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
51% or more power is
consumed in-house
Avails Electricity duty
waiver
Not eligible
51% or more power is
consumed in-house
Does not avail Elec-
tricity duty waiver or
other concessional
benefits
Eligible for RECs This is unlikely in
UP as ED waiver
has been available
to all CPPs since
1998
Less than 51% of
power is consumed in
-house
Avails Electricity duty
waiver
Eligible for RECs
only after foregoing
ED waiver
See ‘open ques-
tions’ section be-
low
Less than 51% of
power is consumed in
-house
Does not avail Elec-
tricity duty waiver or
other concessional
benefits
Eligible for RECs
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Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
This order leaves some questions unanswered:
• If a RE generator is determined to be not a CPP and foregoes the benefits available to CPP, will they be immediately eli-
gible for RECs or will the 3 year restriction apply?
A simple reading of the order does not provide any answer to this. In our opinion the 3 year restriction may not apply as in
the CERC regulations pertaining to eligibility, the 3 year restriction is a clause specific to CPPs.
• Determination of CPP - Electricity Rules provides that
“no power plant shall qualify as a ‘Captive Generating Plant’ unless 26% of the ownership is held by the captive user
(s) and not less than 51% of the aggregate capacity generated in such plant, determined on annual basis, is
consumed for the captive use.” (emphasis supplied)
According to this definition, the status of a power plant as CPP or otherwise needs to be determined on the basis of its an-
nual power generation/ consumption. In such a case, applying for RECs may be a challenge as such an application has to be
made within 3 months of generation. In that duration, the status of a plant as CPP may be unclear. Moreover, the status
may change from year to year based on the consumption pattern.
Given these issues, in our opinion, it will be some more time before any capacity from UP sugar plants access the RECs mar-
kets.
The CERC order also alludes to further clarity on this through an amendment in the REC mechanism.
Impact of the order in other states
Andhra Pradesh: E-Duty is still applicable for self-consumption as per CERC order. Since the case against E-Duty is pending at
HC AP, it can't be determined whether E-Duty is exempted or not. If only E-Duty is concerned, as per CERC order, a co-gen
unit can forgo the benefit of E-Duty exemption and avail RECs.
Note: its important to highlight that only E-duty will not make project eligible or ineligible for REC. There is a statement by
CERC in its order which says "any other benefits applicable to CPP" which needs to be looked into more carefully.
Karnataka: KERC regulation mandates that a project must be a captive power project to qualify for REC. Co-Gen units by na-
ture in Karnataka, would not fall under the category of CPP and hence as per KERC regulation, sugar Co-Gen units will not be
eligible. Since the KERC regulation itself is radically different than CERC regulation, the CERC order will have no impact unless
KERC regulation falls in-line with central regulation.
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
55%55%55%55%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
Month: October’12
Contents of this newsletter are for informational purposes only
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Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
Tamil Nadu recently announced its Solar Policy. The policy
aims to achieve an ambitious target of 3000 MW by 2015
in phased manner with capacity addition of
• 1500 MW from utility scale projects
• 350 MW from roof top installations
• 1150 MW under REC mechanism.
Key Differentiator: The policy unlike any other state pol-
icy, highlights the NET METERING ARRANGEMENTS for
feeding excess power back to grid for Rooftop Solar. Pro-
jects to evacuate power at following voltages .
What does it mean: The current REC policy recognises
only grid connected RE projects under REC. With Net Me-
tering, even small scale roof-top solar projects can partici-
pate into REC.
1000 MW out of 1500 MW utility scale capacity to be
funded by Solar Purchase Obligation (SPO) and balance
500 MW through Generation based incentive (GBI) by the
govt. The utility scale projects are also expected to be de-
veloped through competitive bidding process.
Solar Purchase Obligation: The SPO to be administered by
TANGEDCO has been mandated as 3% till Dec’13 and
scaled up to 6% from Jan’14 ,is applicable on all HT Con-
sumers (HT Tariff I to V) & LT Commercial (LT Tariff V).
Domestic consumers, huts, cottage & tiny industries,
power looms, LT industrial consumers and Agricultural
Consumers are exempted from SPO.
What does it mean: As per TANGEDCO, HT Consumers
(Cat I to V) and LT Commercial consumers, would collec-
tively consume about 25 BUs annually (FY 12-13).
This means, at 3% SPO, Tamil Nadu will require about 500 MW
of Solar power to meet SPO of 3%. To meet 6% of SPO, the to-
tal Solar power required will be about 1000MW.
Two RPO Structures? – TNERC also has specified 0.05% of Solar
RPO. With state policy in effect, there will be dual RPO imposed
on HT and LT Commercial consumers. The state commission
might have to realign the Solar RPO to align the RPO structure
to meet the policy objective.
Promotion of Solar Rooftops:
GBI for Solar Roof top : All domestic solar & solar-wind hybrid
rooftops to be installed before 31st
march’14 will be provided
with GBIs at Rs. 2/kWh for first two years, Rs. 1/kWh for the
next two years and Rs. 0.5/kWh for the subsequent two years.
All new government/local buildings shall necessarily install so-
lar rooftop.
Other initiatives and exemptions:
• Solar water heating systems mandatory for Public Buildings
and Industries using hot water boiler/steam boiler using
fossil fuels.
• Wheeling & Banking Charges applicable as per TNERC or-
ders.
• Exemption of Electricity Duty for 5 years for using solar
power from projects of self consumption/sale to utility.
• Tax Concessions as per TN Industrial policy.
• TEDA designated as single window clearance agency who
would be coordinating power evacuation approval, approv-
als related with connectivity to substation, approvals from
pollution control board etc.
• Empowered committee to accord project clearances.
Even though the policy looks quite ambitious, overall its quite
encouraging for the investors.
Regulatory Updates: Tamil Nadu Solar Policy
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Solar PV System size Grid Connected
<10 kWp 240 V
10 kWp to 15 kWp 240 V/415V
15 kWp to 50 kWp 415 V
50 kWp to 100 kWp 415 V
>100 kWp 11 kV
Volume: XXVI
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Non-solar RECs
The prices remained at floor price this month (Rs.1500/REC at IEX and PXIL; this is the same in September) as supply has remained far in
excess of demand. The total RECs available this month was 15 lakh out of which only 2.22 lakh RECs were redeemed leaving an inven-
tory of 12.8 lakh RECs .
10 lakh RECs were bid for sale ( up by 42 % from last month) while demand was for only 2.22 lakh RECs (down 16 %).
Demand has remained low in the last couple of months. The major reason slow progress on enforcement by SERCs. Clearing ratios were
approximately 30% on IEX and 70% on PXIL.
Solar RECs
Demand went up by 82% from last month whereas the supply also went up by 15%. The market clearing price on IEX was Rs 12,680 and
on PXIL was Rs 12,500 (last month it was Rs 12,900 on PXIL and Rs.12,500 on IEX). In total, 1,791 Solar RECs were sold (last month it was
1,160).
Review of REC Trading- October 2012
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
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Status of projects in REC Mechanism
Accredited Capacity : 3556.451 MW
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
55%55%55%55%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
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Status of projects in REC Mechanism
Registered Capacity : 3291.798 MW
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
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• Clean Energy Fund headed nowhere
The clean energy fund is being used more to meet the budgetary shortfall of various ministries than to promote energy-
related research and projects. In the last few years, India has taken a number of concrete steps to propel its economy on a
greener, low-carbon pathway. The National Action Plan on Climate Change and National Clean Energy Fund (NCEF) are two
such ambitious endeavours.
http://www.thehindubusinessline.com/opinion/clean-energy-fund-headed-nowhere/article4051259.ece?homepage=true
• WInd energy industry seeks incentives
Wind energy equipment manufacturers hope the government would put policies for incentives to enable the wind energy
generation industry to reach its potential. Absence of proper incentives -- including the proposed generation-based incentive
(GBI) and accelerated depreciation benefits, which were earlier enjoyed by the industry -- had hit the industry hard, said
Ramesh Kymal, chairman, Indian Wind Turbine Manufacturers Association (IWTMA).
http://www.business-standard.com/india/news/wind-energy-industry-seeks-incentives-/490823/
• MNRE targets 45,000 sq m of solar collectors, identifies five user industries
The Ministry of New and Renewable Energy (MNRE) has said it would facilitate the installation of 45,000 square metres of so-
lar collectors — panels that generate heat from the sun’s rays — by March 2017. (Only last month the Ministry had indicated
a target of 15,000 sq m by 2016. Yet, the estimated reduction in carbon di-oxide reduction has been kept unchanged at
39,200 tonnes)
http://www.thehindubusinessline.com/industry-and-economy/economy/article3980957.ece
• Punjab Biomass Plans 96 Megawatts of Capacity by 2017
Punjab Biomass Power Ltd., a developer of clean-energy projects in India, plans to set up 96 megawatts of plants fueled by
rice straw by 2017. The company, backed by Infrastructure Leasing & Financial Services Ltd. and Bermaco Energy Ltd., expects
to raise 800 million rupees ($15.2 million) by February for its next plant in northern Punjab state, Bermaco Managing Director
Monish Ahuja said in a phone interview today from Mumbai. It has an existing 12-megawatt plant in Patiala district
http://www.bloomberg.com/news/2012-10-17/punjab-biomass-plans-96-megawatts-of-capacity-by-2017.html
Green News
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
Month: October’12
Contents of this newsletter are for informational purposes only
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Meet us at
Vibhav Nuwal
vibhav.nuwal@reconnectenergy.com
+91 88006 79988
Vishal Pandya
Vishal.pandya@reconnectenergy.com
+91 96202 21101
8. Page
8 www.reconnectenergy.com
Status of RPOs across various states in India - As on October 31, 2012
State Status of Regulation 2012–13 RPO
Obligation
RPO on CPP? RPO on OA
Users?
Penalty ?
Andhra Pradesh Final 4.75 % + 0.25 % Yes Yes Not Specified
Assam Final 4.05 % + 0.15 % Yes Yes Yes (RECmax)
Bihar Final 3.25 % + 0..75 % Yes Yes Yes (RECmax)
Chhattisgarh Final 5.25 % + 0.50 % Yes Yes Yes (RECmax)
Delhi Final 3.40 %+ 0.15 % Yes Yes Yes (RECmax)
Gujarat Final 6.00 % + 1.00 % Yet to be notified NA Yes (RECmax)
Haryana Final 1.50 % + 0.50 % Yes Yes Yes (RECmax)
Himachal Pradesh Final 10.00 % + 0.25 % Yes Yes Yes (RECmax)
J&K Final 4.75 %+0.25 % Yes Yes Yes (RECmax)
Jharkhand Final 3.00 % + 1.00 % Yes (>5MW) Yes Yes (RECmax)
Karnataka Final 10 % + 0.25 %
(BESCOM,MESCOM,CHESCO
M), 7 % + 0.25 % for others
Yes (>5MW)
5% RPO
Yes (>5MW)
5% RPO
Yes (RECmax)
Kerala Final 3.35 %+0.25 % Yes Yes Yes (RECmax)
Madhya Pradesh Final 3.40 % + 0.60 % Yes Yes Yes (RECmax)
Arunachal Pradesh Final 4.1 % +0.1 % Yes Yes Yes (RECmax)
Maharashtra Final 7.75 % + 0.25 % Yes Yes Yes (RECmax)
Meghalaya Final 0.60 % + 0.40 % Yes Yes Yes (RECmax)
Orissa Final 5.35 % + 0.15 % Yes(>5MW) Yes Yes (RECmax)
Punjab Final 2.83 %+0.07 % Yes Yes Yes (RECmax)
Rajasthan Final 7.10 % + JNNSM Yes Yes Yes (RECmax)
Tamil Nadu Final 8.95 % + 0.05 % Yes Yes Yes (RECmax)
Tripura Final 0.90 % + 0.10 % Yes (>5MW) Yes Yes (RECmax)
Uttrakhand Final 4.5 % + 0.025 % Yes Yes Yes (RECmax)
Uttar Pradesh Final 5.00 %+ 1.00 % Yes Yes Yes (RECmax)
West Bengal Final 4 % + NA NA NA Draft Proposed now.
JERC for Goa and
UTs
Final 2.60 % + 0.40 % Yes Yes Yes (RECmax)
JERC for Manipur
and Mizoram
Final 4.75 % + 0.25% (Man)
6.75% + 0.25% (Miz)
Yes Yes Yes (RECmax)
Nagaland Final 7.75 % + 0.25% Yes Yes Yes (RECmax)
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
Month: October’12
Contents of this newsletter are for informational purposes only
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Dear Readers,
Our previous newsletters are available at our website www.reconnectenergy.com and can be downloaded from :
http://www.reconnectenergy.com/rec/index.php/newsletters-on-rec-mechanism.html
The summary of our previous newsletters we have published is available below.
• Volume XV: November 2011
Renewable Purchase Obligation – A Demand - Supply Analysis
• Volume XVI: December 2011
Analysis of Draft RPO of Andhra Pradesh + REC Market Update
• Volume XVII: January 2012
Voluntary Market for RECs
• Volume XVIII: February 2012
Off Grid Projects and REC: A new socio-development tool?
• Volume XIX: March 2012
Applicability of RPO on Co-Generation Projects (An Update)
• Volume XX: April 2012
Analysis of the Energy Savings Certificate Markets
• Volume XXI: May 2012
Trading of First Solar RECs - Interview with Mr Vikalp Mundra of M&B Switchgear Ltd
• Volume XXII: June 2012
Waste-to-energy projects and REC Mechanism, and REC trading updates
• Volume XXIII: July 2012
Analysis of report on RPO trajectory and impact
• Volume XXIV: August 2012
RPO Compliance: The Shifting Focus
• Volume XXV: September 2012
Analysis on Andhra Pradesh State Solar Policy
Past Newsletters
Feedback:
We wholeheartedly thank you for providing your valuable feed-back on our last newsletter. Your feedback on the newsletter keeps us
motivated and would certainly help us to improve the quality of it. Kindly keep writing to us. We are eager hear your views.
Best Regards, Team - REConnect
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
Month: October’12
Contents of this newsletter are for informational purposes only
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Services Provided by REConnect
Detailed Services in REC Space
Services for RE Generators
Services for Obligated Entities (Distribution Companies / Open Access Consumers / Captive Consumers)
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
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REConnect is a venture focused on the Renewable Energy Cer-
tificates, Energy Efficiency and Electricity Portfolio Man-
agement.
REConnect’s team has extensive experience in the environ-
mental markets both in India and internationally:
• Worked in the international carbon markets for several
years and has expertise in the consulting and trading of
emissions reductions
• Extensive knowledge about various Renewable Energy
Certificate and Energy Efficiency Certificate markets in
USA, Europe and Australia etc.
• Worked with Indian Energy Exchange (IEX), India’s leading
power exchange, and have extensive knowledge and ex-
perience of power markets
• Alumnus of Columbia University, an Ivy League University
in USA, and IIT Bombay
• Highly experienced core team worked with organizations
like J P Morgan, Indian Energy Exchange, LEK Energy
Consulting (UK) and Asia Carbon.
Contact REConnectContact REConnectContact REConnectContact REConnect
New DelhiNew DelhiNew DelhiNew Delhi
Vibhav NuwalVibhav NuwalVibhav NuwalVibhav Nuwal
vibhav.nuwal@reconnectenergy.com
+91 88006 79988
BangaloreBangaloreBangaloreBangalore
Vishal PandyaVishal PandyaVishal PandyaVishal Pandya
vishal.pandya@reconnectenergy.com
+91 96202 21101
Anurag DhyaniAnurag DhyaniAnurag DhyaniAnurag Dhyani (Solar Markets)(Solar Markets)(Solar Markets)(Solar Markets)
Anurag.Dhyani@reconnectenergy.com
+91 77603 00499
MumbaiMumbaiMumbaiMumbai
Ramkumar KRamkumar KRamkumar KRamkumar K
ramkumar@reconnectenergy.com
+91 99303 59992
ChennaiChennaiChennaiChennai
Rajesh VaidyulaRajesh VaidyulaRajesh VaidyulaRajesh Vaidyula
rajesh.vaidyula@reconnectenergy.com
+91 99404 78306
Suresh KumarSuresh KumarSuresh KumarSuresh Kumar (for RPO)(for RPO)(for RPO)(for RPO)
suresh.kumar@reconnectenergy.com
+91 99727 24727
AhmedabadAhmedabadAhmedabadAhmedabad
Mohit TyagiMohit TyagiMohit TyagiMohit Tyagi
mohit.tyagi@reconnectenergy.com
+91 9099002333
About REConnect
Regulatory Updates REC Trade Report REC Project Statistics Green News About REConnectIndex UP Sugar Co-Gen
Volume: XII
Month: June ’12
Contents of this newsletter are for informational purposes only
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Vol. XXVI
2200 MW+2200 MW+2200 MW+2200 MW+
Portfolio under REC
16 States16 States16 States16 States
Projects under REC
Over 50%Over 50%Over 50%Over 50%
Market Share in REC Trade
7 States7 States7 States7 States
Physical Presence
Volume: XXVI
Month: October’12
Contents of this newsletter are for informational purposes only