CERC Releases Draft Renewable Regulations 2024

The Central Electricity Regulatory Commission (CERC) has introduced the draft Renewable Energy Regulations for the year 2024. The proposed regulations outline the framework and guidelines for the integration, operation, and management of renewable energy sources within the Indian electricity landscape. The draft regulations aim to address the evolving dynamics of the renewable energy sector, providing a comprehensive framework to ensure the efficient and sustainable integration of renewable resources into the power grid. Key aspects covered include grid connectivity, forecasting, scheduling, and the determination of tariffs for renewable energy sources. As India continues to emphasise the expansion of its renewable energy capacity, the release of these draft regulations signifies a proactive approach by regulatory authorities to create a conducive environment for the growth of clean energy. Stakeholders in the renewable energy sector will have the opportunity to provide feedback and insights to further refine the regulations before their formal implementation. This development aligns with India's commitment to achieving its renewable energy targets, fostering a robust regulatory environment that encourages investments and advancements in the renewable energy space. The draft regulations play a crucial role in shaping the future trajectory of renewable energy integration and management in the country's power sector.