Renewable Energy
Policy Imperatives for Developing Countries
Sanjay Kumar
INDIA
[email protected]
2
3
4
Renewable Energy Promotion Policies
5
6
7
Reasons for Lower Utilization of RE Potential
Renewable Energy is:
•Small
•Intermittent
•Costly
8
9
10
India: TPP in pipeline
11
India: Fuel types of
planned TPPs
12
13
14
Lesson-1: Tackling Smallness
Dynamic Mapping of RE resources
Making maps available in public domain
Monitoring of RE generation from installed
plants against the RE potential at a site
15
Lesson-2: Tackling Intermittence
2. Storage
1. Regional
Smart
Supergrids can enable us to
share renewable resources over a
wide area to create a 100% reliable
energy supply for everyone.
16
solutions are critical
3. Regional Weather
Forecasting Stations may
provide weekly regional RE forecasts
also
17
Summary of Average Levelised Cost of Electricity Generation
(In service 2009)
18
Range of Levelised Cost of Electricity Generation (Merchant Power 2009)
Source: ibid
19
Average Instant Cost Trend (source: ibid)
20
21
Lesson-3: Tackling High Costs
• Give “infrastructure” status to RE projects
• Allows longer term lending by banks
• Allows renewable energy companies to raise public money
through long-term bonds
• Allows enhanced tax credits
• Establish replenishable Risk Guarantee Fund
• Assures generators/ distributors for the returns
• Should be simple to operate and located conveniently
• In-built mechanism for quantitative and qualitative check
• Build capacity of regulators
• To prescribe right amount and right combination of
incentives (e.g. FiTs in combination of RECs)
• Create a large public R&D Fund
22
THANKS FOR ATTENTION
QUESTIONS PLEASE …….