renewable energy certificates Archives

Revisiting RECs
CERC’s draft regulations on renewable energy certificates

May 3, 2022

Renewable energy certificates (RECs) are important market-based instruments, promoting the sale and growth of renewable energy by helping obligated entities such as discoms, captive consumers and open access consumers in meeting their renewable purchase obligations […]

REC Redesign
MoP discussion paper seeks to realign the mechanism with emerging needs

September 8, 2021

The government had put in place renewable purchase obligations (RPOs) in a bid to promote the uptake of renewables. The biggest challenge in getting states to purchase renewable energy has been the lack of parity […]

Uncertain Future
Stay order delivers another blow to the REC market

November 17, 2017

The renewable energy certificate (REC) market has failed to take off and the unsold inventory continues to pile up beyond 10 million. While there was a relative improvement in REC purchases in 2016-17, the absolute […]