The Karnataka Electricity Regulatory Commission (KERC) has unveiled new regulations aimed at advancing peer-to-peer (P2P) solar energy transactions. Effective from their publication date, these KERC (Implementation of Peer-to-Peer Solar Energy Transactions) Regulations, 2024, build on the 2016 Solar Rooftop Photovoltaic Regulations and recent advancements in the sector. This notification was published on August 6, 2024.
The new regulations facilitate energy transactions between consumers through blockchain or similar technologies. This innovative approach promises benefits like an accelerated return on investment, enhanced grid resilience, and community engagement. By promoting decentralized and efficient energy systems, KERC seeks to foster sustainable energy practices and technological innovation.
These regulations apply to all distribution licensees and eligible consumers across Karnataka, marking a significant step in integrating modern energy solutions and supporting the growth of rooftop solar energy.
