{"id":2224,"date":"2014-08-28T16:14:47","date_gmt":"2014-08-28T10:44:47","guid":{"rendered":"http:\/\/reconnectenergy.com\/blog\/?p=2224"},"modified":"2014-08-28T16:14:47","modified_gmt":"2014-08-28T10:44:47","slug":"rec-trading-report-august-2014-2","status":"publish","type":"post","link":"https:\/\/reconnectenergy.com\/rec-trading-report-august-2014-2\/","title":{"rendered":"REC Trading Report August-2014"},"content":{"rendered":"<p>REC trading session of August-14 was conducted on 27<sup>th<\/sup> August 2014.\u00a0 Below is a summary of the result:-<br \/>\nDemand continues to be lack-lusture. Overall demand was 50681 for non-solar RECs, and 1163 solar RECs. Overall market clearing ratio for Non-solar RECs was 0.58%, and for Solar RECs was 0.35%. Summary is given below in the table below.<br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/August-Trade-Summary.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2230\" title=\"August Trade Summary\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/August-Trade-Summary.png\" alt=\"\" width=\"910\" height=\"332\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/August-Trade-Summary.png 910w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/August-Trade-Summary-300x109.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/August-Trade-Summary-768x280.png 768w\" sizes=\"(max-width: 910px) 100vw, 910px\" \/><\/a><br \/>\n&nbsp;<\/p>\n<ul>\n<li><strong>Non Solar REC:<\/strong><\/li>\n<\/ul>\n<p>Though the Total RECs redeemed this month increased over previous month, it was due to poor demand in July. The demand picked up by 60% from the month of July. The supply rose marginally by 5% w.r.t July. Non Solar price remained at 1500 INR (Floor Price).<br \/>\nClearing ratios at IEX were 0.40% and PXIL were 0.73%.<br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Non-Solar-Demand-Supply.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2225\" title=\"Non-Solar Demand Supply\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Non-Solar-Demand-Supply.png\" alt=\"\" width=\"883\" height=\"368\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-Demand-Supply.png 883w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-Demand-Supply-300x125.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-Demand-Supply-768x320.png 768w\" sizes=\"(max-width: 883px) 100vw, 883px\" \/><\/a><br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Non-Solar-MCP.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2226\" title=\"Non-Solar MCP\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Non-Solar-MCP.png\" alt=\"\" width=\"899\" height=\"370\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-MCP.png 899w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-MCP-300x123.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Non-Solar-MCP-768x316.png 768w\" sizes=\"(max-width: 899px) 100vw, 899px\" \/><\/a><br \/>\n&nbsp;<br \/>\n&nbsp;<\/p>\n<ul>\n<li><strong>Solar REC:<\/strong><\/li>\n<\/ul>\n<p>Demand fell significantly over previous month. However, demand was exceptional last month due to purchase by a Discom.<del cite=\"mailto:V%20NUWAL\" datetime=\"2014-08-27T19:29\">.<\/del> The Total supply grew by 15% with respect to July. Only 1163 RECs were traded this month which was next to lowest as of in this year.<br \/>\nClearing ratios at IEX were 0.24% and PXIL were 0.43%.<br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Solar-Demand-Supply.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2227\" title=\"Solar Demand Supply\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Solar-Demand-Supply.png\" alt=\"\" width=\"899\" height=\"340\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-Demand-Supply.png 899w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-Demand-Supply-300x113.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-Demand-Supply-768x290.png 768w\" sizes=\"(max-width: 899px) 100vw, 899px\" \/><\/a><br \/>\n&nbsp;<br \/>\n<a href=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Solar-MCP2.png\"><img loading=\"lazy\" class=\"aligncenter size-large wp-image-2236\" title=\"Solar MCP\" src=\"http:\/\/44.224.164.21\/new__w\/wp-content\/uploads\/2014\/08\/Solar-MCP2-1024x403.png\" alt=\"\" width=\"1024\" height=\"403\" srcset=\"https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-MCP2-1024x403.png 1024w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-MCP2-300x118.png 300w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-MCP2-768x303.png 768w, https:\/\/reconnectenergy.com\/wp-content\/uploads\/2014\/08\/Solar-MCP2.png 1033w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><br \/>\nContributed By:\u00a0<a href=\"https:\/\/www.linkedin.com\/profile\/view?id=177674168&amp;authType=OUT_OF_NETWORK&amp;authToken=zNlF&amp;locale=en_US&amp;trk=tyah2&amp;trkInfo=tarId%3A1406818622915%2Ctas%3Acigil%2Cidx%3A1-1-1\">Cigil<\/a>\u00a0&amp;\u00a0<a href=\"https:\/\/www.linkedin.com\/profile\/view?id=2171579&amp;authType=OUT_OF_NETWORK&amp;authToken=9TuB&amp;locale=en_US&amp;trk=tyah2&amp;trkInfo=tarId%3A1405749990820%2Ctas%3Avibhav%2Cidx%3A1-4-4\">Vibhav Nuwal<\/a><br \/>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>REC trading session of August-14 was conducted on 27th August 2014.\u00a0 Below is a summary of the result:- Demand continues to be lack-lusture. Overall demand was 50681 for non-solar RECs, and 1163 solar RECs. Overall market clearing ratio for Non-solar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[97,66,68,464],"tags":[72,75],"_links":{"self":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/2224"}],"collection":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/comments?post=2224"}],"version-history":[{"count":0,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/posts\/2224\/revisions"}],"wp:attachment":[{"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/media?parent=2224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/categories?post=2224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reconnectenergy.com\/wp-json\/wp\/v2\/tags?post=2224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}