A comprehensive method to find RPO trajectory and incentive scheme for promotion of renewable energy in India with study of impact of RPO on tariff |
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| Affiliation: | 1. Institute of Animal Nutrition, Feed Engineering Research Centre of Sichuan Province, Sichuan Agricultural University, Huimin Road 211#, Wenjiang District, Chengdu, 611130, Sichuan, China;2. Beijing Centre Biology Co., Ltd., Yongda Road 44#, Daxing District, Beijing, 102600, China;1. The Seventh Research Division Science and Technology on Aircraft Control Laboratory, School of Automation Science and Electrical Engineering, Beihang University, Beijing 100191 P.R. China;2. Science and Technology on Aircraft Control Laboratory, School of Automation Science and Electrical Engineering, Beihang University, Beijing 100191 P.R. China;1. School of Molecular and Life Sciences, Curtin University, Bentley, Western Australia, Australia;2. Department of Genetic Engineering and Biotechnology, Shahjalal University of Science and Technology, Sylhet, Bangladesh;3. The Marshall Centre for Infectious Disease Research and Training, University of Western Australia, Perth, Western Australia, Australia;4. ICAR-Indian Institute of Agricultural Biotechnology, Ranchi, Jharkhand, India;5. Shenzhen Dapeng New District Kuichong People Hospital, Shenzhen City, Guangdong Province, China;1. State Key Laboratory of Virology, College of Life Sciences, Wuhan University, Wuhan 430072, China;2. Biodrug Research Center, Wuhan University, Wuhan 430072, China;1. Zhejiang Institute of Freshwater Fisheries, Freshwater Fishery Healthy Breeding Laboratory of Ministry of Agriculture, Huzhou, Zhejiang, 313001, China;2. Aquatic Breeding Company in Northern Area of Zhejiang Province, Huzhou, Zhejiang, 313001, China |
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| Abstract: | Renewable Purchase Obligation (RPO) regime in India started in 2011 with the announcement of benchmark RPO (BRPO) of states for the Financial Year (FY) 2011 by respective State Electricity Regulatory Commissions (SERC), to promote Renewable Energy (RE). The report submitted to Forum of Regulators (FoR) in this regard has recommended uniform rate of increase of BRPO of states and studied the impact of RPO on tariff for FY 2011–2015. However, more rigorous analysis is needed for fixing BRPO in a scientific manner and for fair allocation of incentives to promote RE. This paper attempts to evaluate all states on a common platform to find BRPO, giving due weightage to the state-wise energy demand and RE generation, ensuring minimum change in BRPO of consecutive years and hence less impact of RPO on tariff. To encourage the states to align their actual RPO with BRPO, a financial incentive scheme is proposed giving due weightage to RE consumption, RE capacity addition and RPO compliance of the states. The methods are illustrated for the Indian states using real system data. A study of RPO's impact on electricity tariff of Indian states is also conducted and reported for FY 2011–2015, considering Renewable Energy Certificate (REC). |
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| Keywords: | Renewable Purchase Obligation trajectory Renewable Energy Incentive scheme Impact of RPO on tariff |
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