Advisory Centre Current Affairs - 2019
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Indian Institute of Technology (IIT)-Kanpur has set up India’s first Centre for Energy Regulation (CER) with the help of Government of United Kingdom. The first of its kind centre in India aims at providing independent advisory on policy and regulatory matters in the power and energy sector.
Centre for Energy Regulation (CER)
It is initiative of Department of Industrial and Management Engineering of IIT Kanpur to enhance regulatory research and networking in Indian power sector. CER and identified activities under it are funded by Department for International Development (DfID), Government of United Kingdom (UK).
CER focuses on need for India specific forward-looking research in collaboration of regulatory institutions and relevant stakeholders to provide solutions to issues such as growth of Indian economy, increasing energy demand, energy efficiency, security and access to electricity.
It encourages interaction between regulatory and academic institutions. It targets to offer research in emerging areas of power sector regulation and policy. It core research areas comprise regulatory and policy changes in power and energy sector, energy finance, energy sector modelling and operative planning in energy markets etc.