Power and renewable energy minister R K Singh has sanctioned a proposal to affirm ocean energy as a renewable source of energy, the power ministry said in a declaration.
The decision is projected to boost the use of ocean energy.
The Ministry of New and Renewable Energy (MNRE) has explained to all the stakeholders that energy produced using various forms of ocean energy comprising tidal, wave and ocean thermal energy conversion will be considered renewable.
Post the resolution, ocean energy will be permitted to be eligible for meeting the non-solar Renewable Purchase Obligations (RPO).
Ocean energy is presently under-utilized and is mostly exploited through a few technologies containing wave, tidal, current energy and ocean thermal energy.
The total acknowledged latent of tidal energy in India is around 12,455 Megawatt but the total theoretical prospective of wave energy along the country’s coast is assessed at 40,000 MW.
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