RENEWABLE ENERGY CERTIFICATE SCHEME AND RENEWABLE PURCHASE OBLIGATION (RPO) FOR PHOTO VOLTAIC SYSTEM

Suprabhath.K , Dr. Pramod.V.R

Renewable Purchase Obligation, Renewable Energy Incentive scheme, Impact of RPO on tariff.

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.

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"RENEWABLE ENERGY CERTIFICATE SCHEME AND RENEWABLE PURCHASE OBLIGATION (RPO) FOR PHOTO VOLTAIC SYSTEM", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.9, Issue 2, page no.234 - 239, February-2024, Available :https://ijsdr.org/papers/IJSDR2402034.pdf

Volume 9 Issue 2, February-2024

Pages : 234 - 239

Paper Reg. ID: IJSDR_210062

Published Paper Id: IJSDR2402034

Downloads: 000347230

Research Area: Engineering

Country: MANNARKKAD, KERALA, INDIA

Published Paper PDF: https://ijsdr.org/papers/IJSDR2402034

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2402034

DOI: https://doi.org/10.5281/zenodo.11256518

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

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