Regulatory and Market Guidelines on Key Insights and Considerations of Priority Areas for Renewable Integration in India
As India progresses toward meeting its renewable energy targets, the Central Electricity Regulatory Commission (CERC) is gearing up to implement a continuum of wholesale electricity market products. These will help facilitate large scale renewable energy grid integration and optimize system operations, among other things. The U.S. electricity sector has gone through some of these market reforms in the past and its experiences provide crucial insights for India. With support from the USAID, teams from NARUC and Energy and Environmental Economics Inc., and Ranjit Bharvirkar of RAP have developed “Regulatory and Market Guidelines on Key Insights and Considerations of Priority Areas for Renewable Integration in India.” The report’s focus is to understand how the U.S. transitioned from long-term bilateral contracts to energy markets and what India can learn.