Environment

Methane- A potent Green House Gas

Methane – molecular structure Methane (CH4) is an important trace gas in the atmosphere contributing significantly to long- wave radiation absorption emitting from the earth’s surface. It also affects the chemistries of both the troposphere and the stratosphere. Methane was discovered and isolated by Alessandro Volta (Italian Physicist) between 1776 and 1778. Chemistry of Methane: Presence […]

Carbon Markets Forestry

The global carbon cycle is under the impacts of LULUCF activities

“Land use, land-use change and forestry (LULUCF)” is defined by the UN Climate Change Secretariat as “A greenhouse gas inventory sector that covers emissions and removals of greenhouse gases resulting from direct human-induced land use, land-use change and forestry activities.” The global carbon cycle is under the impacts of LULUCF activities. These activities can add […]

REC Procedures
REC

Pricing of the Renewable Energy Certificates

Each Renewable Energy Certificate (REC) issued shall represent 1 MWh of electricity generated from renewable energy source and injected into the grid. The price of Certificate shall be discovered in the Power Exchange. In between Central Electricity Regulatory Commission will provide information for the floor price and forbearance price. REC’s price range (Minimum and maximum) […]

REC

REC Application and Issuance procedures

There is standard procedure from the accreditation to the issuance of REC’s. Trading would be supported by the exclusively assigned Power Exchanges.  Every RE generating entity requires to apply for the accreditation. Next step is application for the registration as an ‘eligible entity’. The certificate for registration to the concerned applicant (as ‘Eligible Entity’) confirming […]