CERC Proposes New Regulations for Carbon Credit Trading
The Central Electricity Regulatory Commission (CERC) has proposed new regulations to govern the purchase and sale of Carbon Credit Certificates (CCCs) in India. The Bureau of Energy Efficiency will categorize CCCs for obligated and non-obligated entities seeking to comply with or offset their carbon footprint. CCCs will be traded on power exchanges, with specific rules for eligibility, price discovery, and registry interaction requiring CERC approval.
CERC Extends Deadline for Comments and Organizes Workshop on GNA Regulations
The Central Electricity Regulatory Commission (CERC) has extended the deadline for stakeholders to submit comments and suggestions on the “Staff Paper on Modifications in the GNA Regulations.” The new deadline is December 2, 2024. Additionally, CERC will also be having an interactive session to facilitate better understanding on the issues arising from these modifications on November 19, 2024.
Central Electricity Authority Seeks Comments on Revised Type Test Guidelines for Power Equipment
The draft revised guidelines seek to stablish a consistent approach to type test periodicity for all power equipment across the sector. Additionally, they aim to define the effective date for type tests applicable to various equipment categories.
Deadline Extended for Comments on Power Procurement Guidelines Amendment
The proposed amendment aims to modify the guidelines for procuring power from various renewable energy sources through a tariff-based competitive bidding process. The new deadline for furnishing comments November 24, 2024.
Power Purchase Escalation Rates Announced for October 2024- March 25
The Ministry of Power has announced the annual escalation rates applicable for the period from October 1, 2024, to March 31, 2025. These rates will be used to calculate payments for power procured by distribution licensees under various Power Purchase Agreements (PPAs). These escalation rates will be used to adjust the payments made to power producers based on changes in fuel costs and other relevant factors.
New Guidelines Issued to Enhance Power System Operations
These guidelines aim to ensure that LDCs are staffed with sufficient skilled personnel to handle the increasing complexity of power system operations. They provide a framework for determining the optimal number of staff required, their qualifications, and training needs.
India Launches Scheme Guidelines For Implementation Of Pilot Projects For Green Hydrogen
The Government of India has approved a issued new scheme implementation guidelines to promote the production and utilization of green hydrogen through innovative methods and pathways. The scheme guidelines aim to explore and validate the potential of green hydrogen as a clean and sustainable energy source. This scheme was issued on November 8, 2024. This […]
MNRE To Exclude Unverified Domestic Solar Products From Its Schemes
Any solar panel not registered or failing DCR verification on the portal, starting from December 1st, 2024, will be ineligible for use in MNRE’s solar schemes. Manufacturers failing to comply may have to face actions / penalties for violation of DCR provisions.
CEA Provides Key Feedback on CERC’s New Draft Amendments for Electricity Trading
The Central Electricity Authority (CEA) has submitted its comments on the Draft Order in Suo-Motu Petition No. 8/SM/2024 issued by the Central Electricity Regulatory Commission (CERC) on October 4, 2024.
Overall, the CEA’s comments emphasize the need for standardized contracts, increased transparency, and improved competition in the short-term power market.
Stakeholders Gain More Time for Feedback on Resource Adequacy Framework Discussion Paper
It may be recalled that the CEA had released this draft paper on October 18, 2024. Stakeholders were initially given a deadline of November 4, 2024, to provide feedback. Now, by the present notice, the CEA has decided to extend this deadline till November 17, 2024.
