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Sanjay Kumar INDIA skumar_ifs@yahoo.co.in Renewable Energy Policy Imperatives for Developing Countries
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Renewable Energy Promotion Policies 5
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Reasons for Lower Utilization of RE Potential Renewable Energy is: Small Intermittent Costly 8
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India: TPP in pipeline 11
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India: Fuel types of planned TPPs 12
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Lesson-1: Tackling Smallness Dynamic Mapping of RE resourcesMaking maps available in public domain Monitoring of RE generation from installed plants against the RE potential at a site 15
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Lesson-2: Tackling Intermittence 16 1. Regional Smart Supergrids can enable us to share renewable resources over a wide area to create a 100% reliable energy supply for everyone. 2. Storage solutions are critical 3. Regional Weather Forecasting Stations may provide weekly regional RE forecasts also
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Summary of Average Levelised Cost of Electricity Generation (In service 2009) 18
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Range of Levelised Cost of Electricity Generation (Merchant Power 2009) Source: ibid 19
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Average Instant Cost Trend (source: ibid) 20
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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
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QUESTIONS PLEASE ……. THANKS FOR ATTENTION
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