Frequently Asked Questions
Energy Transition Program
CREAM
Is there any impact on ICPT?
Please help to clarify on the exact process of issuance, trading, transfer, and retirement of RECs under CREAM.
Please help to provide guidance on approved REC registries, platforms, or any local tracking systems recognized by ST.
What are the circumstances under which energy is considered "free to grid"?
Are there procedure for selling excess via NEDA, detailed registration and notification requirements?
What is the type of licenses required (e.g. generation license, supply license)?
Are there any specific approval procedures, safety standards, and land allocation requirements for storage integration?
Is there a quota imposed for CREAM? If yes, what is timeline for the quota?
Can the electricity generated be supplied to the business or homeowners or businesses as per Clause 9.1. If yes, is there any licence necessary?
Is there any transparency on the calculation and billing methodology of CAC for planning long-term project economics?