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What is Future of Renewable Energy Certificates about?

This document summarizes the renewable energy certificate (REC) market in India. It estimates that REC issuance will reach 121 million in 2013, with an average monthly issuance of 10.08 million RECs. Demand for RECs is projected to exceed supply in both 2012 and 2013 due to a projected shortfall in renewable energy generation compared to targets. Enforcement of renewable purchase obligations by state regulators is key to achieving the forbearance REC price of 2,000 INR. Short-term REC prices are forecast to

Author

patanjali9

Language

EN