VFBATTERY REPORT

Asia

Pages 283–293 (11 pages)

Battery Report 2023, page 292: Asia
Text on page 292

Asia

India | End Use Incentives & Regulations

India | End Use Incentives & Regulations

Renewable Purchase Obligations (RPOs): The Ministry of Power has introduced Uniform Renewable Purchase Obligations (RPO) wherein all electricity distribution licensees have to consume a specified minimum quantity of their total requirements from Renewable Energy Sources. This is under implementation since 2016. Energy Storage Obligation (ESO): the Ministry of Power in the year 2022, issued updated RPO and Energy Storage obligation trajectory till 2029-30. ESO shall be calculated in energy terms as a percentage of total consumption of electricity shall be treated as fulfilled only when 85% of the total energy stored in the ESS on an annual basis is procured from RE source. RPO shall be calculated in energy terms as a percentage of total consumption of electricity. Wind RPO shall be met only by energy produced by Wind Power Projects (WPPs), commissioned after 31st March 2022. HPO shall be met from Large or Small Hydro projects including Pumped Storage Projects (PSPs), commissioned after 8th March 2019. Other RPO may be met by energy produced from any RE power project except wind and hydro.

*Punjab: PSERC has notified "Total RPO" and have not provided source wise break up of RPO to fulfill including ESO too.

Energy Storage Obligation (ESO) shall be met from Solar/Wind energy along with/through storage and shall be treated as fulfilled only when at least 85% of energy stored in ESS on an annual basis is procured from RE sources.

Source: India Energy Storage Alliance- Annual Market Assessment Report – 2023; Cabinet; vision report; Central Electricity Regulatory Commission;

Extracted from the PDF; charts and images may read imperfectly.

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