renewable energy in india
TRANSCRIPT
Renewable Energy in India
Industry Information Insights 2015
Table of Contents
Introduction
Installed Power Capacity
Renewable Energy Potential
Renewable Installed Capacity
Schemes and Incentives
Renewable Purchase Obligation
Introduction
India’s substantial and sustained economic growth is placing enormous demand on its energyresources. Economic growth, increasing prosperity and urbanization, rise in per capitaconsumption, and spread of energy access are the factors likely to substantially increase thetotal demand for electricity.
Renewable energy is increasingly becoming a key part of the solution to the nation’s energyneeds. The importance of renewable energy sources in the transition to a sustainable energybase was recognized in the early 1970s. In April 2002, renewable energy based powergeneration installed capacity was only 3475 MW which was 2% of the total installed capacityin India. Today, it is no longer an alternate energy source, but is increasingly becoming a keypart of the solution to the nation's energy needs.
Introduction
The Ministry of New and Renewable Energy (MNRE) is nodal ministry of the Government ofIndia for matters relating to new and renewable energy. It promotes renewable energytechnologies to enhance their share in the total energy mix.
The MNRE lays down the overall policy guidelines for renewable energy programmes andprovides budgetary support for research & development and demonstration projects. Itfacilitates institutional finance to financial institutions and promotes private investmentsthrough fiscal incentives, tax holidays, depreciation allowance and remunerative returns forpower fed into the grid.
Installed Power Capacity
Renewable energy sources contribute about 30% (including hydro) in India's primary energysupply.
Thermal69%
Nuclear2%
Hydro17%
RES12%
Source-wise Installed Power Generation Capacity
Renewable Energy Potential
India has about 2,45,000 MW of renewable energy potential. This includes over 1,00,000 MWeach from Wind and Solar Energy, 20,000 MW from Small Hydro Power and balance 25,000MW from Bio-energy sources.
Maximum potential is in the states of Gujarat, Karnataka, Tamil Nadu, Andhra Pradesh andMaharashtra.
S. No. Resource Estimated Potential (MW) Remarks
1 Solar Power 100,000 30-50 MW/sq. km.
2 Wind Power 100,000 At 80 m height
3 Small Hydro Power 20,000
4 Biomass Power 17,000
5 Bagasse Cogeneration 5,000
6 Municipal Solid Waste to Energy 2,600
7 Industrial Waste to Energy 1,280
Total 245880
Renewable Installed Capacity
As on 31 December 2014, India had 33,791.67 MW of grid connected installed renewablepower.
Wind Power67%
Small Hydro Power (SHP)
12%
Biomass Power4%
Bagasse Cogeneration
8%
Waste to Power
0%
Solar Power (SPV)
9%
Year-wise Growth
In the last 10 years, grid-interactive renewable power has increased at CAGR of 21.03%.Maximum capacity addition was achieved in 2011-12 in which 4943 MW was added.
4.76.0
8.110.2
12.314.4
16.8
20.0
24.5
28.1
31.7
0
5
10
15
20
25
30
35
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
GW
Financial Year
Cumulative Renewable Capacity (GW)
Wind: Incentives & Schemes
Generation Based Incentive (GBI)
The Ministry of New & Renewable Energy has announced a scheme on Generation BasedIncentive (GBI) for grid connected wind power projects. A GBI is provided to wind electricityproducers @ Rs. 0.50 per unit of electricity fed into the grid for a period greater than 4 yearsand a maximum period of 10 years with a cap of Rs. 1 crore per MW.
The total disbursement in a year cannot not exceed one-fourth of the maximum limit of theincentive i.e. Rs. 25.00 Lakhs per MW during first four years.
Solar: Incentives & Schemes
Viability Gap Funding (VGF)
Solar PV Power projects under Jawaharlal Nehru National Solar Mission (JNNSM) Phase-II,Batch-I of total 750 MW with Viability Gap Funding (VGF) support from National CleanEnergy Fund (NCEF).
This scheme is being implemented by the Solar Energy Corporation of India (SECI), a PSU ofMNRE. VGF support is up to 30% of Project Cost limited to Rs.2.50 crore/MW based onreverse bidding process.
SHP: Incentives & Schemes
SHP Projects in State Sector
SHP Projects in Private / Joint / Cooperative Sector
Category100 KW to 1000 KW;
INR1 MW to 25 MW; INR
Special category and NE States
75,000 per KW7.5 Crores / MW limited to 20 crore per project.
Other States 35,000 per KW3.5 Crores / MW limited to 20 crore per project.
Areas Up to 25 MW; INR
N E Region, J & K, H.P. & Uttarakhand(Special Category States)
1.5 crore/ MW limited to 5.00 crore per project
Other States 1.0 crore/ MW limited to 5.00 crore per project
Renewable Purchase Obligation
The Electricity Act, 2003 mandates the State Electricity Regulatory Commissions (SERCs) tospecify Renewable Purchase Obligation (RPO) for the obligated entities from renewableenergy in their States. All SERCs except Sikkim have specified RPO targets.
RPO stipulates minimum percentage of renewable energy in energy mix of Distributionlicensee, Open Access Consumer and Captive consumer.
Renewable Energy Certificates (REC)
In January 2010, the Central Electricity Regulatory Commission (CERC) issued a notificationon 'Terms and Conditions for recognition and issuance of Renewable Energy Certificate(REC) for Renewable Energy Generation'. REC seeks to address the mismatch betweenavailability of renewable sources and the requirements of the obligated entities to meet theirrenewable purchase obligation.
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