Girish G P, Sashikala P, Bharath SUPRA, Anitha ACHARYA

97130

Renewable Energy Certificate Trading through Power Exchanges in India

Renewable Energy Certificate Trading through Power Exchanges in India

Renewable Energy Certificate (REC) trading through power exchanges commenced in March 2011 in India. The enactment of Indian Electricity Act 2003 along with mandatory obligation of purchasing renewable power for distribution companies imposed by Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commissions (SERC’s) has propelled REC trading in Indian Electricity market. In this study we review REC trading in India, role played by power exchanges in facilitating REC trading, policy framework promoting Renewable energy, Renewable Purchase Obligation imposed and suggests the possible policy considerations for the regulators in future.

Keywords:

Renewable Energy Certifi cate, Trading, Power Exchanges India, Renewable Purchase Obligation, Solar Renewable Energy Certifi cate, Non-Solar Renewable Energy Certifi cate,

International Journal of Energy Economics and Policy-Cover

Başlangıç: 2011
Yayıncı: İlhan ÖZTÜRK

Arşiv

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