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BEE and TERI to establish energy transition centre in Hyderabad

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The Bureau of Energy Efficiency (BEE) and The Energy and Resources Institute (TERI) have signed an MoU to set up a Centre of Excellence for Energy Transition (CoEET) in Hyderabad. The centre will focus on research, innovation, and capacity-building in energy transition technologies and policies. Key areas include reducing greenhouse gas emissions, improving energy efficiency, and promoting low-carbon technologies across industries, MSMEs, buildings, transport, power, and mining sectors. It will advance energy-efficient technologies like motors,…

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CERC proposes framework for carbon credit certificate trading

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The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Terms and Conditions for Purchase and Sale of Carbon Credit Certificates) Regulations, 2024.  The regulations aim to establish a structured framework for trading carbon credit certificates (CCCs) on power exchanges, applicable to both obligated and non-obligated entities. Under the draft, the Grid Controller of India will serve as the registry for CCC exchanges, while the Bureau of Energy Efficiency (BEE) will manage CCCs under…