Power Trading

 

Power trading is defined as purchase of electricity for resale thereof. It is the process by which energy flows from power surplus to power deficit regions. The power trading is carried out under non discriminatory open access regulations of CERC/ SERC and open access procedures of CTU/ STUs . United Power facilitate trading of Electricity between Industrial Buyer and Generator for both short term as well long term basis.

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United Power is a group Company of United Enterprises and is a provider of energy and Power Solution in association with its Principal M/s General Carbon advisory services Pvt. Ltd. Mumbai .It facilitate Open Access Power Trading and Business Consultancy in Renewable Energy Certificate Issuance and Trading through Exchange like PXIL and IEX .United Power also facilitate Bilateral Power Trading within region and across region among Power Generator and Industries . United Power also works in association with its Principal M/s General Carbon to provide Business Consultancy in CDM , CSR , Renewable Energy sources like Wind Power , Solar Power , Biomass based Power plant Etc; Through Professional and Aggressive marketing United Power is strives to become a leading energy company.

 

Power Trading


Power trading is defined as purchase of electricity for resale thereof. It is the process by which energy flows from power surplus to power deficit regions. The power trading is carried out under non discriminatory open access regulations of CERC/ SERC and open access procedures of CTU/ STUs.

 

Renewable Energy Certificate (REC )


Central Electricity Regulatory Commission (CERC) has notified Regulation on Renewable Energy Certificate (REC) on 14th Jan-2010 in fulfilment of its mandate to promote renewable sources of energy and development of market in electricity. REC mechanism is aimed at addressing the mismatch between availability of RE resources in state and the requirement of the obligated entities to meet the Renewable Purchase Obligation (RPO). This mechanism shall minimize the dependency of RE generators on Government in the form of tax incentives, subsidies, etc. and make them self sustaining to compete in the open market.


Renewable Purchase Obligation (RPO)

 

According to the Indian Electricity Act 2003, the State Electricity Regulatory Commission (SERC) has set targets for utility companies to purchase some percentage of their total power from renewable energy sources. These targets, called Renewable Purchase Obligations (RPOs), vary from state to state due to the potential of renewable energy. If the utility company is unable to buy its share of renewable energy, it can compensate that by buying the Renewable Energy Certificates (RECs) from the market to make up for the shortfall.