Renewable Energy Certificates

OSS Academy Guide to your sustainable learnings

In this course you will learn the variety of points regarding Renewable Energy Certificates (REC) as follows:

What you’ll learn

• Introduction to Renewable Energy Certificates.
• Conceptual framework for REC mechanism as per CERC Regulations.
• RPO trajectory notified by Ministry of Power.
• CERC orders on floor and forbearance price.
• Salient features of the REC mechanism.
• REC mechanism.
• Summary of floor and forbearance Price of Non-solar REC.
• Summary of floor and forbearance Price of Solar REC.
• Salient features of the REC mechanism.
• Generation of Renewable Energy.
• Separating Attributes.
• Certification.
• Trading and Transactions.
• Environmental Benefits.
• Double Counting Prevention.
• Regulatory Compliance.
• How renewable energy certificates are made.
• Renewable Energy Generation.
• Environmental Attributes Separation.
• Creation of RECs.
• Tracking and Registry.
• Trading and Transactions.
• Use and Retirement.
• Format of Making Renewable Energy Certificate.
• Certificate Header.
• Issuer Information.
• Generator Information.
• Environmental Attributes.
• Generation Details.
• Certification Information.
• REC Ownership and Transfer.
• Use and Retirement.
• Registry Information.
• Terms and Conditions.
• Signature and Seal.
• Appendix or Attachments.
• Renewable Energy Certificate issuing authority in United States.
• Renewable Energy Certificate issuing authority in European Union.
• Renewable Energy Certificate issuing authority in Australia.
• Renewable Energy Certificate issuing authority in Canada.
• Renewable Energy Certificate issuing authority in India.
• Roles and responsibilities of these regulatory authorities.
• Central Electricity Regulatory Commission (CERC).
• State Electricity Regulatory Commissions (SERCs).
• Salient Features of the REC Framework.
• denomination of each REC issued.
• What would be the sources of revenue under REC mechanism?.
• Who is eligible for REC?.
• A REGS/CGP will be eligible for issuance of Certificates.
• Advance Accreditation.
• Advance Registration.
• How long a REC would be valid?.
• Which RE technologies are eligible for REC?.
• What are the options available for RE generators to sell renewable energy generated?.
• What is the procedure for getting REC?.
• Who could buy REC? Can REC be used to fulfil Renewable Purchase Obligation?.
• Where RECs would be traded?.
• What would be the price of one REC?.
• What are the Fees and Charges for Accreditation, Registration, Issuance and Redemption?.
• What happens if Renewable Purchase Obligation is not met by the Obligated Entities?.
• What is the date from which an RE Generator becomes eligible for issuance of RECs?.
• Within how many days of generation, an eligible entity may apply for issuance of RECs?.
• Registration from 20 States in India.
• Renewable purchase obligation.
• Key points about Renewable Purchase Obligation (RPO).
• How renewable purchase obligation works.

Course Content

• Introduction to Renewable Energy Certificates –> 6 lectures • 21min.
• REC mechanism –> 1 lecture • 8min.
• How renewable energy certificates are made…. –> 3 lectures • 13min.
• Roles and responsibilities of these regulatory authorities –> 1 lecture • 2min.
• Salient Features of the REC Framework –> 4 lectures • 11min.
• Questions & Answers on Renewable Energy Certificates –> 7 lectures • 9min.
• Renewable Purchase Obligation –> 1 lecture • 5min.

Requirements

In this course you will learn the variety of points regarding Renewable Energy Certificates (REC) as follows:

• Introduction to Renewable Energy Certificates
• Conceptual framework for REC mechanism as per CERC Regulations
• RPO trajectory notified by Ministry of Power
• CERC orders on floor and forbearance price
• Salient features of the REC mechanism
• REC mechanism
• Summary of floor and forbearance Price of Non-solar REC
• Summary of floor and forbearance Price of Solar REC
• Salient features of the REC mechanism
• Generation of Renewable Energy
• Separating Attributes
• Certification
• Trading and Transactions
• Environmental Benefits
• Double Counting Prevention
• Regulatory Compliance
• How renewable energy certificates are made
• Renewable Energy Generation
• Environmental Attributes Separation
• Creation of RECs
• Tracking and Registry
• Trading and Transactions
• Use and Retirement
• Format of Making Renewable Energy Certificate
• Certificate Header
• Issuer Information
• Generator Information
• Environmental Attributes
• Generation Details
• Certification Information
• REC Ownership and Transfer
• Use and Retirement
• Registry Information
• Terms and Conditions
• Signature and Seal
• Appendix or Attachments
• Renewable Energy Certificate issuing authority in United States
• Renewable Energy Certificate issuing authority in European Union
• Renewable Energy Certificate issuing authority in Australia
• Renewable Energy Certificate issuing authority in Canada
• Renewable Energy Certificate issuing authority in India
• Roles and responsibilities of these regulatory authorities
• Central Electricity Regulatory Commission (CERC)
• State Electricity Regulatory Commissions (SERCs)
• Salient Features of the REC Framework
• denomination of each REC issued
• What would be the sources of revenue under REC mechanism?
• Who is eligible for REC?
• A REGS/CGP will be eligible for issuance of Certificates
• Advance Accreditation
• Advance Registration
• How long a REC would be valid?
• Which RE technologies are eligible for REC?
• What are the options available for RE generators to sell renewable energy generated?
• What is the procedure for getting REC?
• Who could buy REC? Can REC be used to fulfil Renewable Purchase Obligation?
• Where RECs would be traded?
• What would be the price of one REC?
• What are the Fees and Charges for Accreditation, Registration, Issuance and Redemption?
• What happens if Renewable Purchase Obligation is not met by the Obligated Entities?
• What is the date from which an RE Generator becomes eligible for issuance of RECs?
• Within how many days of generation, an eligible entity may apply for issuance of RECs?
• Registration from 20 States in India
• Renewable purchase obligation
• Key points about Renewable Purchase Obligation (RPO)
• How renewable purchase obligation works