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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | RENEWABLE ENERGY CERTIFICATE SCHEME AND RENEWABLE PURCHASE OBLIGATION (RPO) FOR PHOTO VOLTAIC SYSTEM |
| Authors Name: | Suprabhath.K , Dr. Pramod.V.R |
| Unique Id: | IJSDR2402034 |
| Published In: | Volume 9 Issue 2, February-2024 |
| Abstract: | Renewable Purchase Obligation (RPO) regime in India started in 2012 with the announcement of benchmark RPO (BRPO) of states for the Financial Year (FY) 2012 by respective State Electricity Regulatory Commissions (SERC), to promote Renewable Energy (RE). Renewable Purchase Obligation (RPO) mandates that all electricity distribution licensees should purchase or produce a minimum specified quantity of their requirements from Renewable Energy Sources. This is as per the Indian Electricity Act, 2003. Renewable Purchase Obligation (RPO) is the requirement mandated by Central/State Regulatory Commission and is relevant to Distribution Licensee: power distribution companies (DISCOMs); Open Access Consumer: ones acquiring power from power exchanges (IEX/PXIL), from traders, via bilateral agreements and so on. Renewable purchase obligations (RPOs) under the Electricity Act 2003, particularly for distribution companies, have been key policy intervention for scaling up renewables, with the considerations of energy security and environmental aspects. This paper attempts to evaluate all states on a common platform to find BRPO, giving due importance 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 into straight line their actual RPO with BRPO, an incentive scheme is proposed giving due level of importance to RE consumption, RE capacity addition and RPO compliance of the states. |
| Keywords: | Renewable Purchase Obligation, Renewable Energy Incentive scheme, Impact of RPO on tariff. |
| Cite Article: | "RENEWABLE ENERGY CERTIFICATE SCHEME AND RENEWABLE PURCHASE OBLIGATION (RPO) FOR PHOTO VOLTAIC SYSTEM", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.9, Issue 2, page no.234 - 239, February-2024, Available :http://www.ijsdr.org/papers/IJSDR2402034.pdf |
| Downloads: | 000338720 |
| Publication Details: | Published Paper ID: IJSDR2402034 Registration ID:210062 Published In: Volume 9 Issue 2, February-2024 DOI (Digital Object Identifier): Page No: 234 - 239 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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