Renewable susceptibility Certificates: Inches Away From Implementation
REConnect Energy Solutions
September maxim a flurry of legislative activity, including the prime(prenominal) Amendment of the Terms & Conditions for REC knowledge and Issuance by the CERC (that is discussed in detail later), and various states came appear with their final/draft RPO regulations (see table for a status update)
The First Amendment to CERCs Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation, Regulations, 2010 was finalized in endSeptember. It is of vital brilliance as it clarifies the eligibility of RE captive power plants for REC mechanism. The Statement of Reasons addicted for the amendment also clarified various other aspects of the REC mechanism. Some of the highlights atomic number 18 discussed below: RE generators that argon under PPA will not be eligible to access the REC market for a occlusive of 3 classs if they cancel the PPA before its expiry for the office of availing REC benefit. However, The 3 year period does not apply if: The REC markets are accessed after the expiry of the PPA If the Distribution Licensee cancels or withdraws the PPA or defaults the wrong under PPA
PPA Concessional Concessional Benefits for Benefits for Captives Captives
Vol III.
October 2010
Will be eligible for REC markets if: They do not avail promotional / concessional Wheeling Charges, Banking Facility and enjoy electrical energy Duty Waiver If they forgo such benefits, they willwill not be eligible access thethe existing benefits, they not be eligible to to access market for 3 years The 3 year limit does not apply if the concessions are withdrawn by the state or state commission
Captive
Wheeling is considered concessional if the charges for captives are cut back than for a normal open access customer Banking is considered concessional if the RE generator gets to utilize the banked energy at any cartridge clip (including peak hours) even if it was injected in...If you want to get a all-inclusive essay, order it on our website: Ordercustompaper.com
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