India’s Renewable Energy Industry India’s renewable energy industry is already facing huge problems due to the country’s dysfunctional governance. The whole power industry is in crisis, thanks to the muddled regulation and crony capitalism. To expect green energy to have a smooth ride in such a scenario is foolhardy. The Renewable Energy Certificate (REC) Scheme […]

India’s RPO Model India’s energy industry is a royal mess in all respects be it mining, electricity generation or distribution. Large parts of the populance do not get electricity at all and those who do are faced with 8-10 hour long power cuts. I have written countless times about the problems of the electricity industry. […]

Policies for Renewable Energy Trading Twelve of the most notable types of policies that have promoted renewable energy worldwide are given below: 1. U.S. Public Utility Regulatory Policies Act (PURPA) of 1978 PURPA required utilities to purchase power from small renewable generators and co generators – otherwise known as independent power producers (IPPs) – through […]

India recently introduced the Renewable Energy Certificate Scheme to promote the use of Green Energy in India through a market based pricing mechanism. Other cleantech subsidies are being gradually reduced in favor of this single unified market process. In Wind Energy, the use of accelerated depreciation and GBI has been cancelled this year. REC Trading […]

The Indian Solar Electricity generating industry has mainly been funded by the auction mechanism at the federal and state level. The solar generators get their electricity dues from the distributors based on a PPA signed between them for a fixed rate for a fixed tenure. Another way¬† for small scale projects to get funding was […]