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been authorized as the Nodal Ministry for use of offshore areas within the Exclusive Economic Zone (EEZ) of the country and the National Institute of Wind Energy (NIWE) has been authorized as the nodal agency for development of offshore wind energy in the country and to carry out allocation of offshore wind energy blocks, coordination and allied functions with related ministries and agencies. This is expected to pave the way for offshore wind energy development including, setting up of offshore wind power projects and research and development activities, in waters, in or adjacent to the country, up to the seaward distance of 200 Nautical Miles (EEZ of the country) from the base line. • Wind Atlas, 2015 Launched: A wind Atlas having information at 100 m height has been launched. It’s a GIS based software tool which will help not only the developers but also policy planners. • Restoration of Accelerated Depreciation Benefits for Wind Power Projects: The year 2015 saw the restoration of accelerated depreciation benefit with the move expected to help create a robust manufacturing base for wind turbines in the country. • Establishment of PACE Setter Fund: U.S. and India have signed a MoU to establish PACE Setter Funds with a contribution of US$ 4 million (INR 25 crores) from each side for providing grants for seed capital for innovative clean energy projects. • State Electricity Regulatory Commissions (SERCs) of twenty States have notified regulatory framework on net-metering and feed-in-tariff to encourage rooftop solar plants. • Inclusion of Renewable Energy Projects in Priority Sector Lending Norms of Commercial Banks: Reserve Bank of India has issued revised guidelines for all scheduled commercial banks making significant inroads for renewable energy in the priority sector lending: • Clean Energy Fund: Coal Cess has been increased from Rs 100 to Rs 200/ ton which will make available around Rs 12000 crore/year for supporting and incentivizing development of RE in the country. • Net-metering schemes has been rolled out in majority of States which will help in meeting 40 GW rooftop grid connected solar projects. Policy Amendments in Progress: • National Wind Energy Mission (Proposed): The setting up of a Mission is expected to help in (a) achieving the targets of 12th Plan and energy generation from renewable energy as set under NAPCC, and (b) addressing the issues and challenges which the wind sector is faced with, such as precise resource assessment, effective grid integration, improvement in technology and manufacturing base, to maintain its comparative advantage in the wind sector. • Renewable Generation Obligation (Proposed): There is a policy proposal under consideration that all conventional power plants should have a minimum renewable generation obligation. • Amendment in Electricity Act, 2003 (proposed)- Proposed inclusion of “specific mention of penal provisions for non-compliance of RPO including financial penalty and punishment”. • Suggested amendment in the tariff policy to include a RPO trajectory reaching at minimum 15 % of the total electricity mix by March 2019 with solar RPO of minimum 8% and support by states. It implies that there is a special category for solar RPO and other renewable energy sources have been clubbed in non-solar category. • To allow generating / purchasing and bundling of renewable and allow pass through to such power plants RENEWABLE ENERGY where generation and transmission assets are fully depreciated. • Draft RE Act 2015: Stakeholders see a need for a Renewable energy act in India to facilitate increase in the use of renewable energy for all relevant applications including off-grid, heat and transport in an effective and coordinated manner, which is well integrated with the energy and electricity system, and to do so by developing a supportive ecosystem, laying down an institutional structure, and by creating framework for transparent and effective incentive structure. In the given context, increasing the share of RE in the energy mix will require enabling policies to stimulate changes not only in policies related to RE deployment but also in policies related to the planning of the complete energy system. The mandatory provisions after the enactment of Renewable energy Law will provide the requisite backbone framework to facilitate increase in the use of renewable energy. International Support The Ministry is seeking cooperation from other countries both on technical and financial side to promote the generation of power from renewable energy sources. On technical side, National Institute of Solar Energy (NISE) is collaborating with premium institutions/ laboratories of USA, Japan and Germany in the fields of performance evaluation, long term operational reliability and indoor-performance testing of different technology modules. Similarly, National Institute of Wind Energy (NIWE) in collaboration with specialized institutions of Denmark; USA, Spain and Germany is working in the areas of wind forecasting, offshore wind, aero-structural design, training on testing inter-laboratory comparisons etc. On the financial side, Indian Renewable Energy Development Agency (IREDA) is also operating Line of Credits from various bilateral/ multilateral institutions for further extending the credit to viable renewable energy projects in the country. A Memorandum of Understanding (MoU) between India and France to establish the basis (Sources: Websites of Ministry of New & Renewable Energy & Press Information Bureau) The Ministry is seeking cooperation from other countries both on technical and financial side to promote the generation of power from renewable energy sources 65 energetica INDIA · JAN | FEB16


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