New MERC Regulation Targets 7% Flexible Demand within 5 Years
The Maharashtra Electricity Regulatory Commission (MERC) Draft Regulation aims to integrate new Renewable Energy capacities by mandating distribution licensees to achieve 7% flexible demand within five years. It proposes using technologies like Electric Vehicles, Thermal Storage, and heat pumps. Licensees can earn or lose incentives based on performance, with evaluations conducted to ensure effect
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