REC Genesis: Separating green attribute from electricity
|
|
- Estella Young
- 5 years ago
- Views:
Transcription
1 Renewable Power Purchase Obligation and REC Trading in India Devesh Singh Regional Head (SR) Oct 14 Schemes to promote RE in the country Mid 1990s Focused on capacity addition 2009 Shifted focus from capacity addition to generation Electricity Act, 2003, National Tariff Policy, 2006 and National Action Plan on Climate Change, 2008 provided impetus to further RE growth
2 REC Genesis: Separating green attribute from electricity Bundled Green Power Seller (RE power) Un-bundled Green Power Buyer (RPO Compliance) Issues Schedulability Uncertainty Transmission Loss & Charge Seller (RE power) REC(Green Attributes) Electricity Electricity REC(Green Attributes) Buyer (RPO Compliance) Discoms, Power exchanges, Bilateral Contracts Solution No geographic barriers Reduced transaction cost Flexibility in meeting the RPO
3 Compliance Market: Overview of Legal Framework 5 REC Market Participants: Sellers/Eligible Entity
4 Mechanisms to fulfill compliance Salient Features of REC Mechanism Participation Voluntary REC Denomination Validity Categories Trading Platform Banking/Borrowing Transfer Type Floor Price ( )* Forbearance Price ( )* Penalty for Non-compliance 1 REC = 1 MWh 730 Days after issuance (As per CERC order dated 11 th Feb 2013) 1. Solar REC 2. Non-Solar REC Power Exchanges only Not Allowed Single transfer only, repeated trade of the same certificate is not possible Solar: Rs 9,300/MWh Non Solar: Rs 1,500/MWh Solar: Rs 13,400/MWh Non Solar: Rs 3,300/MWh Forbearance Price (Maximum Price) Price Guarantee Through Floor Price (Minimum Price) *Reference:CERC in its order dated 23rd August, 2011 revised the floor & forbearance price for the period April, 2012 to March,2017
5 Trading at IEX Trading Day Market Clearing Trading Time By 1530 Hrs By 1600 Hrs By 1630 Hrs By 1700 Hrs By 1800 Hrs Last Wednesday of every Month Closed Double sided auction Hrs Verification by Central agency for Valid REC by cleared seller at IEX Central agency confirms REC IEX finalizes trade Buyer & Sellers informed to Central Agency Invoice raised (proof of REC trade) Cleared volume : 600 RECs MCP: Rs 2200/REC BUY SELL A 100 Rs3300 A 100 Rs B 600 Rs2200 B 200 Rs REC Rs REC Rs2000 C 200 Rs1700 C 300 Rs REC Rs2200 No of REC REC 1700
6 Market Snapshot An update on RECs Accredited Capacity (MW) Registered Capacity (MW) RECsIssued RECsTraded Balance Non -Solar 4, ,66,19,413 66,26,716 99,92,697 Solar ,79,049 94,615 3,84,434 As on 14 th Oct 2014 Source: REC registry India
7 Projects under REC Mechanism Registered Capacity = 4357 MW Accredited Capacity : 4890 = MW 4852 MW Registered 4716 : Capacity 4469 MW = 4319 MW AccreditatedCapacity = 4775 MW RP : 3975 MW AP : 4336 MW As As on As on : As 4on th on January, th 11Sept 14 th Aug 14 As As on 12 th Feb,2014 As on 2 nd July 2014 Source: REC registry India Projects under REC Mechanism As on 12 th Feb 2014 As As on on As 11 2on nd th : July Aug As As on As on 631 th 4 th st March October 2013 Sept 14,2014 As on 7 th May 2014 Source: REC registry India
8 Key statistics: REC Market at IEX States I 5 UTs 695 IEX Data as on 14 th Oct >3 million RECs Highest: 3,69,053 RECs Participation Details at IEX Registered Participants 2306 Obligated Entity 1599 DISCOMs 23 OA consumers 1492 Captive Consumer 62 OA + Captive 21 Discom + Captive 1 Voluntary 12 Eligible Entity (Sellers) 695 As on 30 th Sept 2014
9 Non Solar REC Trade details Solar REC Trade details
10 N-Solar REC trade detail Solar REC trade detail
11 Why REC a better option than buying renewable power? Why IEX RECs are better way to transfer green premium than green energy Strengthening RPO Compliance Introduce National Compliance Registry Improve REC Market Design Vintage Based Multiplier for Solar Projects Encourage States to buy green power over and above RPO Introduce Minimum Guarantee Price Stringent Penalty for non compliance under EA2003 Amend Sec-86(1)(e) to address the ambiguity between cogeneration from fossil fuel and RE Promote Voluntary REC Market MNRE to launch a campaign to promote RECsamong corporate and individuals as there exists a huge potential for REC trade from CSR MNRE can promote green labeling and companies buying RECscan be given extra credits in government tenders
12 Transparency Continuous communication with Users IEX Daily SMS Service for Trade Details IEX Monthly Bulletin IEX 15 min Trade Prices displayed on its website Thank You for your attention
REC Market. Business Development March 14
REC Market Business Development Email: info@iexindia.com March 14 In this presentation Renewable Energy in India Introduction to REC Mechanism Market snapshot Voluntary REC Market Trading @ IEX Installed
More informationTrading of ESCerts on IEX
Trading of ESCerts on IEX Akhilesh Awasthy Director (Market Operations) Workshop by BEE on ESCerts Trading and PATNet Portal 16 th Dec 2015, IIC New Delhi Company Snapshot 96% Market Share ~80,000MWh average
More informationMarch 8, Power Exchange India Limited
INTEGRATION OF GREEN ENERGY Role of Power Markets in Developing Green Energy in India March 8, 2011 Power Exchange India Limited Agenda Renewable Energy Certificate An Introduction Regulatory Aspect of
More informationGreen Day Ahead Market (Petition no. 187/MP/2016) CERC Hearing I December 1, 2016
Green Day Ahead Market (Petition no. 187/MP/2016) CERC Hearing I December 1, 2016 Brief Introduction IEX since last 8 years has been successfully operating markets in: Day Ahead Market (DAM) [based on
More informationElectricity Market. July 15.
Electricity Market Email: info@iexindia.com July 15 www.iexindia.com In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market Snapshot Participation Volume Price
More informationElectricity Market. August 18
Electricity Market August 18 In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market snapshot Participation Volume Price Trade @ IEX Capacity (GW) Installed
More informationTrading at Power Exchange - IEX
Trading at Power Exchange - IEX February 2016 Prasanna Rao Market Operations In this presentation Product Portfolio Trading Mechanism & Process Flow- Day-Ahead Market Trading Mechanism-Term-Ahead Market
More informationIndian Power Market: An Overview JULY 2018
Indian Power Market: An Overview JULY 2018 For Public Use 1 In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market snapshot Participation Volume Price Trade
More informationIntroduction to Power Exchanges
For Public Use Introduction to Power Exchanges Presented by: Mr. S.K. Ray on behalf of IEX In this presentation Introduction to Indian Power Markets Power Exchange functioning and Market Snapshot International
More informationUTTAR PRADESH ELECTRICITY REGULATORY COMMISSION. No. UPERC/Secy/Regulation/ Lucknow : Dated, 17 th August, 2010
UTTAR PRADESH ELECTRICITY REGULATORY COMMISSION No. UPERC/Secy/Regulation/10-787 Lucknow : Dated, 17 th August, 2010 In exercise of powers conferred under sections 61, 66, 86(1)(e) and 181 of the Electricity
More informationMeghalaya State Electricity Regulatory Commission
Meghalaya State Electricity Regulatory Commission SHILLONG Notification Dated: 12 th March, 2015 No.MSERC/RPO/2015/02: In exercise of power conferred under section 61, 66, 86(1)(e) and 181 of the Electricity
More informationMAHARASHTRA ELECTRICITY REGULATORY COMMISSION MUMBAI
MAHARASHTRA ELECTRICITY REGULATORY COMMISSION MUMBAI MAHARASHTRA ELECTRICITY REGULATORY COMMISSION (RENEWABLE PURCHASE OBLIGATION, ITS COMPLIANCE AND IMPLEMENTATION OF RENEWABLE ENERGY CERTIFICATE FRAMEWORK)
More informationKey Processes in Power Exchange Presented By: Prasanna Rao Shalabh Shrivastava
Key Processes in Power Exchange Presented By: Prasanna Rao Shalabh Shrivastava www.iexindia.com Day Ahead Market-Collective Transaction Features A closed double-sided anonymous auction for each 15-min
More informationTHE JHARKHAND GAZETTE EXTRAORDINARY PUBLISHED BY AUTHORITY
THE JHARKHAND GAZETTE EXTRAORDINARY PUBLISHED BY AUTHORITY No. 419 9 Shrawan, 1932(s) Ranchi, Saturday 31th July, 2010 JHARKHAND STATE ELECTRICITY REGULATORY COMMISSION, RANCHI (RENEWABLE PURCHASE OBLIGATION
More informationUttarakhand Electricity Regulatory Commission
Uttarakhand Electricity Regulatory Commission Institution of Engineers (I) Building, 1 st Floor, Near ISBT, Majra, Dehradun Notification Dated: 03.11.2010 No.F-9(21)/RG/UERC/2010/1422 : In exercise of
More informationBIHAR ELECTRICITY REGULATORY COMMISSION
BIHAR ELECTRICITY REGULATORY COMMISSION Bihar Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance and REC Framework Implementation) Regulations, 2010. NOTIFICATION The 16 th
More informationREGULATORY NEWS 2. MERC issues Suo-Moto order on RPO verification and compliance for Captive (CPP) and Open Access (OA) consumers
AUGUST 2013, ISSUE 67 Bulletin News and Information In this Issue REGULATORY NEWS 2 CSERC issues tariff order for CSPGCL, CSPTCL & CSPDCL for FY 13 14 DERC issues tariff order for BRPL, BYPL, TPDDL, NDMC
More informationIN THE JHARKHAND STATE ELECTRICITY REGULATORY COMMISSION AT RANCHI. Case No. 12 of 2018, 13 of 2018, 14 of 2018 & 15 of 2018
IN THE JHARKHAND STATE ELECTRICITY REGULATORY COMMISSION AT RANCHI Case No. 12 of 2018, 13 of 2018, 14 of 2018 & 15 of 2018 Jharkhand Bijli Vitran Nigam Limited...... Petitioner CORAM: HON BLE MR. (DR)
More informationThis is a guide to HCG as your Solar Renewable Energy Credit (SREC) Aggregator. We are excited to be working with you and keeping your energy dollars
This is a guide to HCG as your Solar Renewable Energy Credit (SREC) Aggregator. We are excited to be working with you and keeping your energy dollars in the local economy. If you have recently installed
More informationPower Purchase Obligation (Compliance by purchase of Renewable Energy/Renewable Energy Certificates) Regulations, 2012 (Regulation No. 1 of 2012).
ANDHRA PRADESH ELECTRICITY REGULATORY COMMISSION RENEWABLE POWER PURCHASE OBLIGATION (COMPLIANCE BY PURCHASE OF RENEWABLE ENERGY/RENEWABLE ENERGY CERTIFICATES) REGULATIONS, 2012 Regulation No. 1 of 2012
More informationRECOMMENDED PRINCIPLES AND BEST PRACTICES FOR STATE RENEWABLE PORTFOLIO STANDARDS
RECOMMENDED PRINCIPLES AND BEST PRACTICES FOR STATE RENEWABLE PORTFOLIO STANDARDS PREPARED AND ENDORSED BY THE STATE / FEDERAL RPS COLLABORATIVE JANUARY 2009 INTRODUCTION: THE STATE / FEDERAL RPS COLLABORATIVE
More informationChhattisgarh State Electricity Regulatory Commission
Øekad 62] jk;iqj]] 'kqøokj] fnukad 4 ekpz 2011 & QkYxqu 13] 'kd 1932 Chhattisgarh State Electricity Regulatory Commission Irrigation Colony, Shanti Nagar, Raipur Raipur, Dated March 04, 2011 No. 36/CSERC/2011
More informationTRIPURA ELECTRICITY REGULATORY COMMISSION
TRIPURA ELECTRICITY REGULATORY COMMISSION No.F.25/TERC/2009/484 Dated, Agartala, the 9th November,2009 NOTIFICATION OF (RENEWABLE PURCHASE OBLIGATION AND ITS COMPLIANCE) REGULATIONS, 2009. In exercise
More informationPUBLIC NOTICE. Sub: Previous publication for OERC (Renewable Purchase Obligation and its Compliance) Regulation, 2010
ORISSA ELECTRICITY REGULATORY COMMISSION BIDYUT NIYAMAK BHAVAN UNIT-VIII, BHUBANESWAR 751 012 Tel. No.[0674] 2396117/2393097 Fax: 2395781/2393306 E-mail: orierc@rediffmail.com Website: www.orierc.org *********
More informationCENTRAL ELECTRICITY REGULATORY COMMISSION (CERC) 3rd & 4th Floor, Chandralok Building, 36, Janpath, New Delhi : /
CENTRAL ELECTRICITY REGULATORY COMMISSION (CERC) 3rd & 4th Floor, Chandralok Building, 36, Janpath, New Delhi 110 001 : 011-23353503/23752958 Public Notice No. : L-1/94/CERC/2011 Dated: 26 th June, 2015
More informationESCerts Trading under PAT Scheme
ESCerts Trading under PAT Scheme Girja Shankar Assistant Energy Economist BUREAU OF ENERGY EFFICIENCY (A Statutory body under Ministry of Power, Government of India) 4 th Floor, Sewa Bhawan, R. K. Puram,
More informationRenewable Energy Certificates: Inches Away From Implementation
Renewable Energy Certificates: Inches Away From Implementation September saw a flurry of legislative activity, including the First Amendment of the Terms & Conditions for REC Recognition and Issuance by
More informationAppendix H: Green-e Logo Use Guidelines (available at
Federal Option for Green-e Energy Certification and Logo Use Agreement This Federal Option for Green-e Energy Certification and Logo Use Agreement ( Agreement ) is made and entered into by and between
More information2. APPLICABILITY AND SCOPE
ANNEXURE- I MODEL PROCEDURE / GUIDELINES FOR ACCREDITATION OF RENEWABLE ENERGY GENERATION PROJECT OR DISTRIBUTION LICENSEE, AS THE CASE MAY BE, UNDER REC MECHANISM BY STATE AGENCY 1. OBJECTIVE 1.1. This
More informationImplementation of Solar Based Projects in MP Dated 20 July, 2012
86 Compendium of Policies, Regulations, Technical Standards & Financing Norms for Solar Power Projects GOVERNMENT OF MADHYA PRADESH Implementation of Solar Based Projects in MP Dated 20 July, 2012 1. Title
More informationPerspective on Financing Wind Energy Projects. June 16, 2016
Perspective on Financing Wind Energy Projects June 16, 2016 Agenda 2 1 Risk Matrix 3 Context Setting Way Forward KEY SEGMENTS IN THIS PRESENTATION 3 Indian Energy Sector Landscape Bank Lending Sector wise
More informationPORTFOLIO OPTIMIZATION FOR OPEN ACCESS CONSUMERS/DISCOMS
PORTFOLIO OPTIMIZATION FOR OPEN ACCESS CONSUMERS/DISCOMS By Dr. PARUL MATHURIA POST DOCTORAL FELLOW DEPARTMENT OF INDUSTRIAL AND MANAGEMENT ENGINEERING INDIAN INSTITUTE OF TECHNOLOGY KANPUR 2017 15-05-2017
More informationGOVERNMENT OF MADHYA PRADESH
206 Compendium of State Government Policies on Renewable Energy Sector in India GOVERNMENT OF MADHYA PRADESH Wind Power Project Policy of Madhya Pradesh, 2012 (As Amended on 21 st February 2013) 1. Order
More informationKErala StatE ElECtriCity regulatory CommiSSion (Renewable Energy) Regulations, 2015.
Compendium of Regulations & Orders Issued by Regulatory Commissions for Sources in India 279 KErala StatE ElECtriCity regulatory CommiSSion () Regulations, 2015. Sl. Description No. 1. Title, Extent and
More informationThe REC Mechanism Viability of solar projects in India
The REC Mechanism Viability of solar projects in India CONTENTS 1. Overview 01 2. The Renewable Energy Certificate 02 (REC) Mechanism 2.1. Background 02 2.2. Solar RECs 02 2.3. Lessons from the non-solar
More informationCase No. 85 of Coram. Shri Azeez M. Khan, Member Shri Deepak Lad, Member. Maharashtra State Electricity Distribution Co. Ltd.
Before the MAHARASHTRA ELECTRICITY REGULATORY COMMISSION World Trade Centre, Centre No.1, 13th Floor, Cuffe Parade, Mumbai 400005 Tel. 022 22163964/65/69 Fax 22163976 Email: mercindia@merc.gov.in Website:
More informationGenesis & Objectives
PTC India Limited Genesis & Objectives PTC India Ltd. ( PTC ), was established in 1999 by Government of India through a Cabinet Decision as a Public-Private Initiative, with objectives of: Mitigating Payment
More informationTELANGANA STATE POWER COORDINATION COMMITTEE Request for Proposal (RfP) NOTICE No. TSPCC (Commercial)/02/15-16
1 TELANGANA STATE POWER COORDINATION COMMITTEE Request for Proposal (RfP) NOTICE No. TSPCC (Commercial)/02/15-16 TSPCC on behalf of TSDISCOMs (TSSPDCL & TSNPDCL) intends to purchase 2000 MW power for the
More informationOPEN ACCESS. Wind Facilitator of the Year & REC Facilitator of the Year March 2016 Volume - 60
OPEN ACCESS Wind Facilitator of the Year & REC Facilitator of March 20 Volume - 60 CONTENT From Management s Desk FY 2015- was a very important one for the REC markets the Supreme Court gave its decision
More information2. APPLICABILITY AND SCOPE
ANNEXURE- I MODEL PROCEDURE / GUIDELINES FOR ACCREDITATION OF RENEWABLE ENERGY GENERATION PROJECT OR DISTRIBUTION LICENSEE, AS THE CASE MAY BE, UNDER REC MECHANISM BY STATE AGENCY 1. OBJECTIVE 1.1. This
More informationRole of Parliamentarians in Monitoring Climate Finance and Development
Role of Parliamentarians in Monitoring Climate Finance and Development Dr. Sanjay Jaiswal Asia Pacific Regional Forum on Climate Change Finance and Sustainable Development 1-3 September 2015 Jakarta, Indonesia
More informationIndian Energy Exchange
IPO Note Financial Services Oct 7, 2017 Indian Energy Exchange Powering up for the future of electricity trading Indian Energy Exchange (IEX) is the dominant exchange in India for trading electricity in
More informationHIMACHAL PRADESH ELECTRICITY REGULATORY COMMISSION SHIMLA NOTIFICATION. Shimla, the 26 th May, 2010 REGULATIONS
HIMACHAL PRADESH ELECTRICITY REGULATORY COMMISSION SHIMLA NOTIFICATION Shimla, the 26 th May, 2010 No. HPERC/438.- In exercise of the powers conferred by sub-section (1) of section 181 read with sub-section
More informationMarket Seller Offer Cap Balancing Ratio Proposal
Market Seller Offer Cap Balancing Ratio Proposal Patrick Bruno Sr. Engineer, Capacity Market Operations Markets and Reliability Committee September 27, 2018 Overview PJM raised the issue regarding the
More information- When did the regulation(s) regarding disclosure come into force? 12/5/2015
Assessment of the implementation of the BPR: Cyprus Author: Dr. Michalis Syrimis Describe the actual implementation in the MS Date (yyyy/mm/dd) GENERAL Disclosure system implemented Disclosure Regulation
More information9M FY16 Results. Leading Diversified Renewable Energy Generation Company
9M FY16 Results Leading Diversified Renewable Energy Generation Company Disclaimer Certain statements in this presentation concerning our future growth prospects are forward looking statements, which involve
More informationPortland General Electric Company Sheet No SCHEDULE 201 QUALIFYING FACILITY 10 MW or LESS AVOIDED COST POWER PURCHASE INFORMATION
Portland General Electric Company Sheet No. 201-1 PURPOSE SCHEDULE 201 QUALIFYING FACILITY 10 MW or LESS AVOIDED COST POWER PURCHASE INFORMATION To provide information about Standard Avoided Costs and
More informationRenewable Energy in Mexico - update on the auctions and investment opportunities. Santiago Ross Associate Norton Rose Fulbright LLP 22 November 2017
Renewable Energy in Mexico - update on the auctions and investment opportunities Santiago Ross Associate Norton Rose Fulbright LLP 22 November 2017 Renewable energy in Mexico 1. 2. 3. 4. Mexico Investment
More informationAccounting Changes on Green Certificates in Romania
Accounting Changes on Green Certificates in Romania Sava Raluca Lucian Blaga University of Sibiu raluca.sava@ulbsibiu.ro Abstract The purpose of green certificates is to get more renewable electric energy
More informationResult Presentation Q1 FY11 13th August 2010
Suzlon Energy Limited Result Presentation Q1 FY11 13th August 2010 Disclaimer This presentation and the accompanying slides (the Presentation ), which have been prepared by Suzlon Energy Limited (the Company
More informationUttar Pradesh Electricity Regulatory Commission
Uttar Pradesh Electricity Regulatory Commission In exercise of the powers conferred under Section 181 of the Electricity Act, 2003 and all powers enabling it in this behalf, the Uttar Pradesh Electricity
More informationOPEN ACCESS. Forecasting Company of the Year & REC Trader of the Year September 2016 Volume - 65
OPEN ACCESS Forecasting the Year & of the Year 20 September 20 Volume - 65 CONTENT From Management s Desk The main article this month discusses in detail the Draft Amendment to the 2005 released by the
More informationSuzlon Energy Limited. H1 FY16 Earnings Presentation
Suzlon Energy Limited H1 FY16 Earnings Presentation 30 th October 2015 Disclaimer This presentation and the accompanying slides (the Presentation ), which have been prepared by Suzlon Energy Limited (the
More informationTrading and Settlement for Weekly Contracts Trading and Settlement for Daily, DAC & Intraday Contracts (sample). Trading and Settlement for REC
Circular No.: IEX/MO/292/20 Date: 02 nd July, 20 TAM Trading and Settlement Calendar from July 20 to September 20 In pursuance of Rules, Bye-Laws and Business Rules of the Exchange, the Members of the
More informationExpression of Interest. Procurement of Renewable Energy Under Short Term basis. Reliance Industries Limited In Gujarat and Maharashtra
Expression of Interest for Procurement of Renewable Energy Under Short Term basis To Reliance Industries Limited In Gujarat and Maharashtra Reliance Industries Limited Reliance Corporate Park, Thane-Belapur
More informationThe Renewable Energy Policy Dilemma in India: Should Renewable Energy Certificate mechanism compete or merge with the Feed-in-Tariff Scheme?
The Renewable Energy Policy Dilemma in India: Should Renewable Energy Certificate mechanism compete or merge with the Feed-in-Tariff Scheme? Sushanta K Chatterjee (sushanta_chat@yahoo.com) August 2017
More informationRETAIL ENERGY SUPPLIERS WHAT EVERY CONSUMER SHOULD KNOW BEFORE YOU SIGN
RETAIL ENERGY SUPPLIERS WHAT EVERY CONSUMER SHOULD KNOW BEFORE YOU SIGN You can choose to purchase your gas or electricity supply from your utility or a retail energy supplier If you buy your gas or electricity
More informationCARBON FORESTRY OVERVIEW
CARBON FORESTRY OVERVIEW Alaska SAF Carbon Conference April 13, 2018 Julius Pasay Forest and Grassland Asset Manager Presentation Outline About The Climate Trust Carbon Markets Forest Carbon Investments
More informationBhopal, Dated:
Bhopal, Dated: 08.12.2015 No. /MPERC /2015 - In exercise of powers conferred under sub-section zp of Section 181 of the Electricity Act, 2003 (36 of 2003), and all other powers enabling it in this behalf,
More informationGATS Subscriber Group Meeting
GATS Subscriber Group Meeting May 14, 2009 PJM Interconnection Agenda Welcome and Introductions GATS Status Update Training Opportunities Solar Certifications by State Enhancements - Recent Enhancements
More informationMidwest Renewable Energy Tracking System, Inc. Overview
Midwest Renewable Energy Tracking System, Inc. Overview May 18, 2015 Minnesota Pollution Control Agency 111(d) Webinar Amy Fredregill Executive Director Midwest Renewable Energy Tracking System, Inc. aq-rule2-20z
More informationASX Plans to Support and Service the Carbon Pollution Reduction Scheme. Anthony Collins General Manager, Energy & Environment
ASX Plans to Support and Service the Carbon Pollution Reduction Scheme Anthony Collins General Manager, Energy & Environment Outline The Role of Financial Markets Likely Market Evolution Emissions Trading
More informationKey Considerations for Running Mock. Exercise
Key Considerations for Running Mock Afghanistan Exercise Pakistan Nepal Bhutan Presented by: Yasir Altaf,, Associate director, KPMG India Bangladesh Maldives... Sri Lanka Combined meeting of TF-2 and TF-3,
More information@5}; i i,, DeeffiflE anga Comp ny Secretary. 07thAugust, 2018
Earnings IWL: N01: 37: 2018 07thAugust, 2018 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeej eebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street,
More informationPower Procurement Strategy
Power Procurement Strategy 01.03.16 IIT-Kanpur For Public Use POWER SECTOR OVERVIEW Source: Executive Summary of October 2015, CEA *including renewable generation Installed Capacity (All) Category Installed
More informationForm IV-A Short -term Inter-State Transactions Of Electricity by Trading Licensees ( RTC* )
Form IV-A Short -term Inter- Transactions Of Electricity by Licensees ( RTC* ) Period of Power Time of Power Start Date End Date Start Time End Time the Seller Purchased from A Inter Tansactions 1 01-May-17
More informationHedging Policy Statement. Summary
Summary Prepared by Power NI Last revision date 27 June 2018 Index 1 INTRODUCTION AND REGULATORY CONTEXT...2 2 OBJECTIVES...2 3 HEDGING POLICY...2 4 SOURCES AND GOVERNANCE...4 1 1 Introduction and Regulatory
More informationCalifornia s Cap and Trade Program. Session 5 Use of Offsets. PMR Technical Workshop March 13, 2012
California s Cap and Trade Program Session 5 Use of Offsets PMR Technical Workshop March 13, 2012 1 Key Offset Terms Compliance Offset issued by ARB for a project developed using an ARB compliance offset
More informationIndian Energy Exchange Ltd Price band
IPO Review Rating matrix Rating : Subscribe (Apply) Issue Details Issue Opens Issue Closes Issue Size ( Crore) 9-Oct-17 11-Oct-17 997-1 crore Price Band ( ) 1645-165 No of Shares on Offer (lakh) 6.7 QIB
More informationDevelopment of Power Markets and Market Monitoring
Department of Industrial and Management Engineering Indian Institute of Technology Kanpur 3 rd Capacity Building Programme for Officers of Electricity Regulatory Commissions 23 28 August, 2010 Development
More informationMarin Clean Energy 2016 Open Season Procurement Process Procedural Overview & Instructions
1) Introduction: Marin Clean Energy ( MCE ) has made a commitment to procuring increasing amounts of renewable and carbon-free energy for its customers. In fact, MCE s default retail service option, Light
More informationVoluntary Renewable Energy Markets 101
Voluntary Renewable Energy Markets 101 Jenny Heeter, NREL Renewable Energy Markets Conference 2013 Austin, Texas September 23, 2013 NREL is a national laboratory of the U.S. Department of Energy, Office
More informationAuctions to support renewable energy deployment overview and design elements Reverse Auctions to Scale Renewable Energy 6 June 2017
Auctions to support renewable energy deployment overview and design elements Reverse Auctions to Scale Renewable Energy 6 June 2017 Targets in the global renewable energy landscape 173 countries have at
More informationChina Carbon Market Monitor
China Carbon Market Monitor October 2015/No. 2 The PMR China Carbon Market Monitor provides timely information across the seven Chinese pilot carbon markets. It also provides analysis of climate policy
More informationSuzlon Energy Limited. Q1 FY16 Earnings Presentation
Suzlon Energy Limited Q1 FY16 Earnings Presentation 31 st July 2015 Disclaimer This presentation and the accompanying slides (the Presentation ), which have been prepared by Suzlon Energy Limited (the
More informationBEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF COLORADO * * * * * ) ) ) ) ) DIRECT TESTIMONY OF JEFFREY C.
Page of BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF COLORADO IN THE MATTER OF THE APPLICATION OF PUBLIC SERVICE COMPANY OF COLORADO FOR APPROVAL OF ITS 0 0 RENEWABLE ENERGY COMPLIANCE PLAN *
More informationSALES AND HIGHLIGHTS 2017 FIRST QUARTER
SALES AND HIGHLIGHTS 2017 FIRST QUARTER DISCLAIMER This presentation does not constitute an offer to sell securities in the United States or any other jurisdiction. No reliance should be placed on the
More informationComments and Suggestions for the Draft Amendment in the provisions relating to Captive Generating Plant in Electricity Rules, 2005
Comments and Suggestions for the Draft Amendment in the provisions relating to Captive Generating Plant in Electricity Rules, 2005 by Prayas (Energy Group), 23 rd June 2018 With the proliferation of captive
More informationCENTRAL ELECTRICITY REGULATORY COMMISSION (CERC) NEW DELHI. Petition No. 230 /2010 (Suo Motu) Date: 10 th August, 2010
CENTRAL ELECTRICITY REGULATORY COMMISSION (CERC) NEW DELHI Petition No. 230 /2010 (Suo Motu) Date: 10 th August, 2010 Coram: 1. Dr. Pramod Deo, Chairperson 2. Shri S.Jayaraman, Member 3. Shri V.S.Verma,
More informationNGX Phase 3 Ontario Forward Energy Auction
NGX Phase 3 Ontario Forward Energy Auction NGX is pleased to announce that the NGX Phase 3 Ontario Forward Energy Auction will proceed. NGX is planning on hosting the official Auction on Wednesday December
More informationElectricity Market Reform
Electricity Market Reform Jonathan Brearley, Director, Energy Markets and Networks, DECC 27 September 2012 Our objectives for the electricity market mirror those of the wider energy system Climate change:
More informationF. No. 53/15/2016 -WE Ministry of New & Renewable Energy. Evaluation of Generation Based Incentives Scheme for Wind Power Projects
F. No. 53/15/2016 -WE Ministry of New & Renewable Energy Evaluation of Generation Based Incentives Scheme for Wind Power Projects The GBI scheme was initially introduced in 11th Plan on 17.12.2009 with
More informationProcedure for Scheduling
Short-Term Open Access in Inter-State Transmission (Bilateral Transaction) Procedure for Scheduling (As per CERC Open Access Regulations, 2008 (dated 25.01.2008) & subsequent (Amendment) Regulations, 2009
More informationMarket-based Policy Instruments for Climate Change IEST5011: Managing the Greenhouse, July Iain MacGill
Market-based Policy Instruments for Climate Change IEST5011: Managing the Greenhouse, July 2005 Iain MacGill Energy market regulation Regulation to ensure imperfect market means lead to desired societal
More informationPERSPECTIVES SERIES GREENING THE FINANCIAL SYSTEM: GREEN BONDS ANGELA CHAN AND MARK CHAN 15 MARCH 2018
PERSPECTIVES SERIES GREENING THE FINANCIAL SYSTEM: GREEN BONDS ANGELA CHAN AND MARK CHAN 15 MARCH 2018 1 OVERVIEW Background to green finance and Green Bonds The Green Bond Principles (2017) Climate Bond
More informationGreen Bond Framework
Green Bond Framework ENGIE is committed to successfully addressing the energy challenges of coming decades by producing energy that emits low CO 2. The environment, universal access to energy and the quest
More informationSolar Gr G e r en n Bond n s s Webinar July 2016
Solar Green Bonds Solar Green Bonds Webinar July 2016 Topics covered in this webinar 1. CBI & the green bond market 2. Green bond labelling & the role of standards 3. Climate Bonds Standard & Certification
More informationGovernment Securities Management
Directorate of Government Debt Securities Directorate General of Debt Management Ministry of Finance of The Republic of Indonesia Government Securities Management December 8, 2014 OUTLINE 1. Government
More informationINVESTMENT OPPORTUNITIES in Central Asia Power Sector
INVESTMENT OPPORTUNITIES in Central Asia Power Sector Business Mission to Kazakhstan Almaty - Kazakhstan September 5, 2017 Pedro Robiou Senior Energy Specialist FOR DISCUSSION ONLY. The opinions expressed
More informationMARKET RULES FOR THE CENTRALIZED MARKET FOR SALE/PURCHASE OF ELECTRICITY THROUGH BILATERAL CONTRACTS INDEPENDENT BULGARIAN ENERGY EXCHANGE
MARKET RULES FOR THE CENTRALIZED MARKET FOR SALE/PURCHASE OF ELECTRICITY THROUGH BILATERAL CONTRACTS INDEPENDENT BULGARIAN ENERGY EXCHANGE 1 Contents Terms... 3 Main provisions... 5 Purpose of the rules...
More informationTransactional Energy Market Information Exchange (TeMIX)
An OASIS Energy Market Information Exchange Technical Committee White Paper Transactional Energy Market Information Exchange (TeMIX) An Information Model for Energy Transactions in the Smart Grid By Edward
More informationCoal India Limited. Auction of Coal Linkages to Power Producers/IPP(s) having already concluded long term PPAs under Clause B(ii) of SHAKTI Policy
Coal India Limited Auction of Coal Linkages to Power Producers/IPP(s) having already concluded long term PPAs under Clause B(ii) of SHAKTI Policy Pre Bid Presentation This presentation is for ease of understanding
More informationMidwest Renewable Energy Tracking System Operating Procedures
Midwest Renewable Energy Tracking System Operating Procedures Effective April 23, 2010 Prepared by Center for Resource Solutions For Powering the Plains Project and Izaak Walton League of America Approved
More informationORIENT GREEN POWER Leading Diversified Renewable Energy Generator
ORIENT GREEN POWER Leading Diversified Renewable Energy Generator Investor Presentation Q1 FY13 Results Biomass Wind Small Hydel Disclaimer This presentation is strictly confidential and may not be copied,
More informationCross Border Electricity Trade
Cross Border Electricity Trade Afghanistan Pakistan Nepal Bhutan India First meeting of core team on South Asian Regional Power Exchange (SARPEX) Bangladesh 7 th - 9 th February, 2017 New Delhi, India
More informationSchedule GTSR-GR Sheet 1 GREEN TARIFF SHARED RENEWABLES GREEN RATE
Southern California Edison Revised Cal. PUC Sheet No. 59547-E Rosemead, California (U 338-E) Cancelling Original Cal. PUC Sheet No. 56750-E Schedule GTSR-GR Sheet 1 APPLICABILITY This Schedule is applicable
More informationEvolution of Power Exchange. S. C. Saxena National Load Despatch Center Power System Operation Corporation Ltd.
Evolution of Power Exchange S. C. Saxena National Load Despatch Center Power System Operation Corporation Ltd. Market Design Four Pillars of Market Design ELECTRICITY MARKET SCHEDULING & DISPATCH CONGESTION
More informationFive-Minute Settlements Education
Five-Minute Settlements Education Disclaimer PJM has made all efforts possible to accurately document all information in this presentation. The information seen here does not supersede the PJM Operating
More informationProcurement and Risk Management Update. Presented to RCEA Board of Directors October 16, 2017
Procurement and Risk Management Update Presented to RCEA Board of Directors October 16, 2017 Update on 2017 Discussion Topics Current headroom outlook Review procurement activities Update on 2018 Preliminary
More informationPower Market, Power Trading and Power Exchange
Power Market, Power Trading and Power Exchange National Seminar Challenges & Opportunities in Power Generation, Transmission & Distribution 23-03-12 Power System Operation Corporation Ltd. Eastern Regional
More information