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Renewable Energy Certificate Mechanism in India

Renewable Energy Certificate Mechanism in India. By Minaxi Garg DGM(NLDC) May 04, 2011. Outline of the Presentation. Overview of RE in India Legal & Regulatory Framework Salient Features of REC Mechanism REC Procedures REC Market Status Way Forward.

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Renewable Energy Certificate Mechanism in India

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  1. Renewable Energy Certificate Mechanism in India By Minaxi Garg DGM(NLDC) May 04, 2011

  2. Outline of the Presentation • Overview of RE in India • Legal & Regulatory Framework • Salient Features of REC Mechanism • REC Procedures • REC Market Status • Way Forward

  3. Potential of Renewable Energy in India (MW) Source : MNRE

  4. Installed Renewable Generation Capacity 12/21/2019

  5. The Impediments Very high capital cost – leading to expensive generated electricity. Renewable resources though richly endowed, are unevenly distributed across the country. NLDC

  6. Unevenly Distributed Renewable Resources WIND ENERGY MAP OF INDIA SOLAR ENERGY MAP OF INDIA

  7. Electricity Act, 2003 : Enabling Provisions National Electricity Policy to aim for optimal utilisation of resources including renewable resources. Tariff regulations of Commissions to be guided by promotion of generation of electricity from RE sources. SERCs to specify Renewable Purchase Obligations (RPOs). Regulatory Commissions required to promote the development of power markets. NLDC 7

  8. Renewable Purchase Obligations : Potential Problems SERCs of those states, in which RE potential is not significant are constrained from specifying higher RPOs. DERC has fixed RPO of 1%. MPERC has fixed RPO of 10%, actual achievement < 1% . SERCs of those states, in which the RE potential is very high (Rajasthan, Tamil Nadu etc.) specified higher RPOs. Though significant headroom is available in these states for enhancing the RPOs, expensive renewal electricity becomes a constraint. NLDC

  9. CERC REC Regulation dated 14/01/10 The Central Electricity Regulatory Commission (Terms and Conditions for recognition and issuance of Renewable Energy Certificate For Renewable Energy Generation) Regulations, 2010

  10. BIO MASS SOLAR GEO THERMAL WIND SMALL HYDRO GREEN ATTRIBUTE BIO MASS BIO MASS SOLAR RENEWABLE ENERGY CERTIFICATE Energy RENEWABLE ENERGY SOLAR CERTIFICATE NON-SOLAR CERTIFICATE Generation ELECTRICITY HYDRO

  11. RE Generation* CERC REC Regulation, 2010 – Conceptual Framework Electricity Component Sale at Preferential Tariff REC Component Obligated Entities Obligated Entities / Voluntary Buyers Distribution Company / Third Party Sale/ Power Exchange * Self consumption by CPPs based upon renewable generation are eligible for RECs NLDC

  12. Salient Features of REC Mechanism Grid Connectivity REC State Agency Central Agency RE Generator 1 MWh Trading

  13. Entities involved to Operationalise REC Mechanism • Central • Forum of Regulators • Central Electricity Regulatory Commission • Central Agency (National Load Despatch Centre) • Power Exchanges • Compliance Auditors • State • State Electricity Regulatory Commission • State Load Despatch Centre • State Agencies • Eligible Entities • Obligated Entities

  14. Regulatory Framework in HP • HPERC (Renewable Power Purchase Obligation and its Compliance) Regulations, 2010 dated 26 May, 2010. • Applicable to • the distribution licensee; • any other person consuming electricity- • (i) generated from conventional Captive Generating Plant having capacity of 1 MW and above for his own use; and/or • (ii) procured from conventional generation through open access third party sale.

  15. Regulatory Framework in HP Defined minimum percentages

  16. Regulatory Framework in HP • REC – Valid instrument for RPO Compliance • State Agency to submit quarterly status to the Commission • compliance of renewable power purchase obligation by the obligated entities • Every Captive and Open access consumer(s) to submit RPO Compliance • on yearly basis on or before the 30th April to the State Agency

  17. Regulatory Framework in HP • Consequences of Default : • Commission may determine on the basis of the shortfall in units of RPO and the forbearance price decided by the Central Commission • Separate fund • Utilized for purchase of RECs • partly for development of transmission/ sub transmission infrastructure for evacuation of power from generating stations based on renewable energy sources • In case of non availability of RECs – Carry Forward

  18. REC- Detailed Procedures

  19. REC Fees & Charges Accreditation Charges

  20. REC Fees & Charges Registration Charges Issuance Charges

  21. Step Wise Schematic Description of Procedure for Accreditation Verification Prior to Accreditation 2 1 Eligible Entity State Agency 3b SLDC Application for Accreditation Intimation of Accreditation Confirmation of Accreditation Intimation of Accreditation 3a 3c Central Agency Application for availing Accreditation by Generating Co. to the Host SA Application shall contain details of Owner/Operator, Generating Station , Metering, Connectivity , Statutory, General , fees & charges, Declaration Separate Application for each RE Generation Project

  22. Schematic Description of Procedure for Registration Eligible Entity State Agency SLDC 3b Intimation of Registration 3c Application for Registration 1 Intimation of Registration Central Agency Confirmation of Registration 3d Power Exchange(s) 3a Verification Prior to Registration Intimation of Registration 2 • Information to be furnished by the applicant • Owner Details, RE Generating Station details, Certificate of Accreditation • Commissioning Schedule, Details of Fee & Charges, Declaration

  23. Schematic Description of Procedure for Issuance State Agency Intimation of Issuance 5b Verification Pre-Condition 2 SLDC 3 Central Agency Regular Injection Report Intimation of Meter Reading Issuance of REC 4c Application for Issuance 4b 1 5a Distribution Licensee Eligible Entity 4a Joint Meter Reading

  24. Schematic Description of Procedure for Redemption Central Agency Confirmation Of REC validity & quantity (by 16:00) Verification Conditions (By 15:30) 2 Offer for Sale 13:00 to 15:00 hrs Bid for Purchase 13:00 to 15:00 Obligated Entity / Buyer Eligible Entity Power Exchange(s) 1a 1b Market Clearance (Volume & Price) Intimation of Trade results For Extinguishing REC (By 17:00) 3 Central Agency 4 Reports

  25. Home Page: www.recregistryindia.in

  26. REC Regulations by States & Declaration of State Agencies

  27. Status till Date • Accreditated RE Generators ------- 60 • Registered RE Generators ------------ 28 • RECs Issued------------------------------- 5035 • RECs Redeemed------------------------- 424 + 260

  28. Accreditation Details

  29. Accredited RE Generators : 373.55 MWState wise : As on 02.05.2011

  30. Accredited RE Generators : 373.55 MWSource wise : As on 02.05.2011

  31. Registration Details 

  32. Registered RE Generators : 206.25 MW State wise : As on 02.05.2011

  33. Registered RE Generators : 206.25 MW Source wise : As on 02.05.2011

  34. Month-wise REC Report

  35. REC Trading

  36. CDM & REC MECHANISM

  37. Weblinks • www.recregistryindia.in • www.nldcindia.in • www.cercind.gov.in • www.forumofregulators.gov.in • www.mnre.gov.in

  38. Thank You NLDC

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