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Jun 14, 2009

Renewable energy certificates planned

Renewable energy certificates are expected to be introduced by April next, according to Pramod Deo, Chairman of the Central Electricity Regulatory Commission.Speaking at the annual general meeting of the Indian Wind Power Association here on Saturday he said the certificates would be issued to renewable energy generators by a National Registry. These would be valid for a year. It would be an incentive to invest in green energy.

He added that preferential tariff for grid interactive renewable energy would be finalised in two months. The States had preferential tariffs now. But these varied from State to State. The tariff variations should disappear.The preferential tariff would be applicable to new projects when the new tariff regulations come into force.

By 2010-2011, the share of green energy in India’s total energy consumption should be 5 per cent (in energy terms), almost double the current share, he said.The Indian Wind Power Association presented its “Wind Energy Excellence Award” to Mr.Deo.

Prasad R. Menon, managing director of Tata Power, said the key drivers of renewable energy in the country were energy security, environment and economics. He said China was looking at scaling up capacities and this would bring about major changes in the industry.China had several support mechanisms too. India should also focus on scale and this needs a tremendous policy thrust. Denmark had tapped off-shore wind energy potential and India should also do it.

Mahesh Makhija, vice-president (renewables) of CLP Power, said there should be a long-term sustainable energy policy. Resource optimisation was important as resources were an important factor in renewable energy generation.

K. Kasthurirangaian, the newly-elected chairman of the association, said India had seen a relatively lower growth in wind energy capacity addition during the last two years. Evacuation infrastructure should be in place in order to maintain momentum of growth.The association gave away awards to best wind farms for 2006-2007 and 2007-2008.

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