Indian Power Sphere

Report on India’s Renewable Electricity Roadmap 2030—Toward Accelerated Renewable Electricity Deployment

2015-02-21T20:08:00.001+05:30

The “Report India’s Renewable Electricity Roadmap 2030—Toward Accelerated Renewable Electricity Deployment” was released at the Renewable Energy Global Investors Meet & Expo (RE-INVEST 2015).

The report was brought out by NITI Aayog with support of CII, Shakti Sustainable Energy Foundation and RAP (Regulatory Assistance Project), a global non-profit group, talks about the current scenario of renewable energy in India and what needs to be done for its accelerated deployment to address energy security concerns.

Shri Piyush Goyal, Union Minister of State (IC) for Coal, Power and New & Renewable Energy, lauded NITI Aayog for the report and said that it has instilled a lot of hope for following more ambitious targets. “We need to create an enabling environment with respect to clearance, land acquisition and other regulatory support.”

The Minister suggested that the land owners, who provide their land for setting up renewable energy projects, could be given a stake in the projects as an incentive. He urged NITI Aayog to help in creating some innovative model for the RE sector. He addressed the panelists while sitting in the audience.

Commenting on the launch of the report, Smt Sindhushree Khullar, CEO, NITI Aayog- Govt of India stated that this is the first initiative of the Aayog. “Energy and renewable energy is a core area in India. We need to see actual movement on whatever the report suggests about,” said Smt Khullar.

Mr Deepak Gupta, Senior Programme Manager- Power, Shakti Sustainable Energy Foundation, said that the report suggests possible roadmap to achieve ambitious targets in the renewable sector after assessing several best practices around the world.

The panelists were of the opinion that India needs to keep renewable energy as a matter of national importance. They suggested that the need of the hour is to move away from the current practice and make RE as an integral part of the power sector. For this a comprehensive national policy framework would be required for smoother renewable projects development in the country.

Mr Mackay Miller, Technology Innovation Analyst, NREL, congratulated the Indian government for its ambitious RE targets and intent to attain that goal. He suggested that there is need to think about policy and financing mechanism so that investments take place.

Smt Varsha Joshi, Joint Secretary, Ministry of New and Renewable Energy, lauded the report terming it as a good effort by the compilers. “It’s time that India has to look at RE as a resource across the states. There are a lot of things to be learned and a lot to be done,” she said.

Shri Sumant Sinha talked about thinking ‘out of the box’ to operationalise the issues highlighted in the report. “Why can’t we make renewable energy as the backbone of India’s electricity generation? We have to re-think our entire reliability on coal. Discoms are reluctant on buying renewable power against highly subsidised conventional power,” Shri Sinha noted.

Getting fund is seen as one of the major challenges. However, Shri Rajat Misra, VP, SBI Capital Markets Ltd is of the opinion that funding is not a constraint if there is good policy in place.

Shri SK Soonee, CEO, POSOCO, raised the issue of grid as one of the major hurdles in increasing renewable potential. The experts stressed that renewable energy could be the backbone of Indian power scenario provided existing issues are addressed. They objected to having coal as the preferred power choice just because it is available beneath the earth.

Smt Khullar stated that there is misconception in India that renewable energy is for rich. She asked everyone to be a part of this movement in renewable energy. “We are starting this journey with great hope and we should walk together to make it happen,” Smt Khullar concluded.

Source

Download the document here.

India's peak power deficit drops by 2.9 perc in November: Report

2013-12-18T15:14:00.001+05:30

The country's peak power deficit shrank to 2.9 per cent in November from a month earlier as a delayed winter lowered electricity demand and utilities added generation capacity, according to a report.

The peak power deficit, or the shortage of electricity supply when demand is at the maximum, stood at 3,736 MW last month, provisional data with the Central Electricity Authority (CEA) showed. Electricity demand in November was 127,665 MW, of which 123,929 MW was met.

"Some capacity was added during the month and demand also dropped due to the delayed winter. These were the primary reasons for the lower deficit," a CEA official told PTI. Consumption of power during the winter months increases due to central heating in offices and malls, he said.

The peak electricity requirement in the northern region comprising Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Uttar Pradesh and Rajasthan was 35,755 MW, of which 35,365 MW was met, a shortfall of 1.1 per cent, the CEA data showed.

Power supplied to the eastern states of Bihar, Jharkhand, West Bengal, Sikkim, Odisha and Andaman and Nicobar Islands was 14,806 MW against demand of 15,016 MW. The region had a shortfall of 1.4 per cent.

The peak electricity shortage in the northeastern states of Assam, Manipur, Meghalaya, Arunachal Pradesh, Mizoram, Tripura and Nagaland was 3.9 per cent, with power demand at 2,046 MW and supply at 1,966 MW, it added. Demand in the southern states was 34,118 MW, of which 31,786 MW was made available - a deficit of 6.8 per cent.

In the western region, which includes Gujarat, Madhya Pradesh, Chhattisgarh and Maharashtra, demand was reported at 40,730 MW, of which 40,006 MW was supplied, resulting in a deficit of 1.8 per cent, according to the data. In October, there was a peak power deficit of 4.3 per cent, as per revised figures. The power requirement during the month was 131,286 MW against supply of 125,629 MW.

Source

Analysis of Trading activities by Licensed Traders for November 2013...

2013-12-16T11:58:00.001+05:30

CERC has released the analysis of power trading activities performed by the licensed traders for the month of November 2013.

The abstract of the report is presented below:

Summary

The reported short-term contract volume for November 2013 (analysis of four weeks) is 1585 MUs whereas the same was 2262 MUs for the month of October 2013 (analysis of five weeks). This is equivalent to about 12% decrease in average weekly volume transacted during October.
91% of total volume has been contracted at price of more than `4/kWh during November as compared to 85% of total volume contracted during October.
Total number of contracts (including swap & banking) executed during November is 127 by 6 traders whereas in October the number of contracts executed was 273 by 9 traders.

Comparison of Short Term OTC contracts prices with Power Exchange prices (on Contracted Date)

The maximum number of contracts are executed in the fourth week of the period and the overall price of OTC contracts executed was in the range of Rs. 2.23/kWh - Rs. 6.97/kWh whereas the prices on the Exchanges varied between Rs. 1.61/kWh - Rs. 3.49/kWh. (Pl refer the embedded report)

Forward Curve of Power Prices
A forward curve reflects present day’s expectation of spot prices for a future period. Accordingly forward curves have been drawn based on prices of contracts executed for supply of power for future period. Forward curve have been drawn for December 2013 – May 2014 based on 120 contracts.

The Forward Curve for November 2013 is based on 120 reported contracts for the period up to 1st December 2013 and the tenure of the curve is for the period 8th December 2013 to 31st May 2014(period of power delivery). The forward prices for December 2013 & January 2014 are based on 30 & 25 contracts respectively whereas the forward prices for April & May 2014 are based on only 5-7 contracts. Thus, the liquidity is high in terms of number of contracts in the nearer months in comparison to farther months and therefore the price indicators are better for nearer months. (Pl refer the embedded report)

Post-facto Comparison of Prices in OTC Contracts and in Power Exchanges (on Power Delivery Dates)
The post facto graph shows the average OTC price vis-à-vis power exchanges prices for the last month’s power deliveries. Hence this compares the spot Power Exchange prices with OTC deliveries (OTC contracts may have been executed earlier but delivered on the same days as on the exchange spot deliveries). The methodology of calculating the data points of OTC prices is same as in the forward curve. (Pl refer the embedded report)

List of traders who have undertaken contracts in October 2013

Trader	4th Nov - 10th Nov	11th Nov - 17th Nov	18th Nov - 24th Nov	25th Nov - 1st Dec	Grand Total
PTC India Ltd	Y(26)	Y(20)	Y(21)	Y(29)	Y(96)
NTPC Vidyut Vyapar Nigam Limited	NIL	NIL	Y(4)	Y(16)	Y(20)
Tata Power Trading Co. Ltd	NIL	NR	Y(4)	NIL	Y(4)
JSW Power Trading Co. Ltd	NIL	NIL	Y(3)	NR	Y(3)
Mittal Processors Pvt. Ltd	NR	NR	NR	Y(3)	Y(3)
Instinct Infra & Power Ltd	NR	NIL	NIL	Y(1)	Y(1)
Grand Total	Y(26)	Y(20)	Y(32)	Y(49)	Y(127)

Note 1: Y ( ): Contracts had been undertaken (Number of Contracts), NIL: No Contracts was made during the week, NR: Not Reported
*Note 2: This table shows list of traders who have reported & undertaken at least one contract during the reported period. There could be some traders who have reported but did not undertake any contracts.

Complete report is embedded below.

Global solar PV O&M markets to triple by 2017: Report

2013-11-26T15:10:00.001+05:30

GTM Research Inc. (Boston, Massachusetts, U.S.) has released a new report which predicts that the market for operations and maintenance (O&M) services for solar photovoltaic (PV) plants will triple in size by 2017.

“Megawatt Scale PV O&M Market” finds very large price and service level variations in the current market, with up to double the cost in high-priced markets such as Italy versus low-cost markets such as the United States.

The report also finds that higher prices are often due to local market conditions and not service levels.

“In countries where new construction activity remains high or growing, little consideration is given to O&M as a standalone business,” said report author Cedric Brehaut, principal at SoliChamba Consulting. “The market tends to treat it as an extension of project development, engineering, procurement and construction (EPC), or independent power producer (IPP) activities.”

Read the complete article here.

Report: Large Scale Grid Integration of Renewable Energy Sources - Way Forward

2013-11-20T11:11:00.001+05:30

A detailed report on the recommended methodology for the effective integration of Renewable Energy Projects with the Grid has been published by Central Electricity Authority.

Summary of the same is depicted below.

Renewable generation from wind and solar has increased substantially during past few years and forms a significance proportion of the total generation in the grid. This renewable generation is concentrated in a few states, to the extent that it cannot be called marginal generation and serious thought needs to be given to balance the variability of such generation. There is an ambitious programme for increase of such Renewable Generation and therefore, it is imperative to work out a way forward for facilitating large scale integration of such variable Renewable Energy Sources (RES), keeping in view the security of the grid.

Moreover, as we move towards a tighter frequency band, it becomes even more challenging to balance this variable RES.
Generation from RE Sources depends on nature, i.e. wind velocity and sunshine. The variability of RES power can be addressed through improved forecasting techniques, which are still evolving. When the percentage of RES becomes significant, special attention needs to be paid to accurately forecast their output.

India is a country of continental size and this is helpful in balancing the variable output of renewable energy sources located in few states by integrating them into all India grid. The inter state and inter regional transmission infrastructure is already being developed and it is expected that all the five electrical regions of India would be synchronously connected in 2014. However, new transmission corridors would be required for evacuating green energy from states such as Tamil Nadu, Gujarat, Rajasthan and J & K (Ladakh). It has now been recognised by the transmission planners that in view of the short gestation period of RE plants, the transmission has to lead generation and would require upfront investment. Such transmission corridors required in the next five year time span have already been firmed up through the established process of coordinated transmission planning and their implementation is being taken up progressively.

The Report has been prepared by CEA on the basis of detailed discussions and inputs furnished by Gujarat, Rajasthan and Tamil Nadu.

The summary of way forward as recommended in the report is presented below:

In order to deal with variability of renewable generation forecasts are crucial for resource adequacy during operation and grid security.
Each state should assess its balancing capacity and enter into RE purchase obligation accordingly. Based on the status of measures available with the state, they should assess their present capacity to balance the combined variability of load & RE generation
The respective buyer State of RE power shall be responsible for maintaining its load-generation balance taking into account the revised forecasts of their RE portfolios. In order to save time in revision of schedules, the SLDCs/RLDC/NLDC, as the case may be, would suo-motu revise the RE schedule of a state based on inputs from the host REMC/SLDC. In this manner the responsibility of RE balancing would be shared by all the RE purchasing states.
The present power exchange provides only one opportunity for buying and selling on day ahead basis. Real time markets (i.e the opportunity to buy and sell power about two hours ahead) should be started to provide a platform for selling surplus power or buying power when in deficit. 10 -15 % merchant capacity in generating plants as per the National Electricity Policy may be useful for providing liquidity in the electricity market.
Technical and regulatory measures to enhance the flexibility of conventional generation to increase the balancing capacity of the grid.
Establishment of Renewable Energy Management centers (REMC) equipped with advanced forecasting tools, smart dispatching solutions, real time monitoring of RE generation, closely coordinating with SLDC/RLDC should be provided.
Wind farms may also be set up through competitive bidding in order to reduce tariff.
It is necessary that healthiness of grid protection schemes through regular monitoring and updating is ensured.
International cooperation for developing REMCs in the RE rich states, balancing capabilities using indigenous sources of conventional power, optimum development of enabling transmission infrastructure and capacity building of grid operators has become necessary at this stage of RE development.

Complete report is embedded below:

The same can be downloaded from this link.

Analysis of Trading activities by Licensed Traders for October 2013...

2013-11-19T11:24:00.001+05:30

CERC has released the analysis of power trading activities performed by the licensed traders for the month of October 2013.

The abstract of the report is presented below:

Summary

The reported short-term contract volume for October 2013 (analysis of five weeks) is 2262 MUs whereas the same was 1529 MUs for the month of for September 2013 (analysis of four weeks). This is equivalent to about 18% increase in average weekly volume transacted during September.
85% of total volume has been contracted at price of more than Rs. 4/ kWh during October as compared to 36% of total volume contracted during September.
Total number of contracts (including swap & banking) executed during October is 273 by 9 traders whereas in September the number of contracts executed was 180 by 9 traders.

Comparison of Short Term OTC contracts prices with Power Exchange prices (on Contracted Date)

The contracts executed are almost evenly distributed with the maximum number of contracts executed in the first week of the period (refer to annexure I for contracts executed week-wise) and the overall price of OTC contracts executed was in the range of Rs. 2.02/kWh - Rs. 6.66/kWh whereas the prices on the Exchanges varied between Rs. 1.89/kWh - Rs. 3.47/kWh

Forward Curve of Power Prices

A forward curve reflects present day’s expectation of spot prices for a future period. Accordingly forward curves have been drawn based on prices of contracts executed for supply of power for future period. Forward curve have been drawn for November 2013 – May 2014 based on 247 contracts and for comparison forward curve has been drawn for October 2013 – May 2014 based on 168 contracts. (Pl refer the embedded report)

Post-facto Comparison of Prices in OTC Contracts and in Power Exchanges (on Power Delivery Dates)

The post facto graph shows the average OTC price vis-à-vis power exchanges prices for the last month’s power deliveries. Hence this compares the spot Power Exchange prices with OTC deliveries (OTC contracts may have been executed earlier but delivered on the same days as on the exchange spot deliveries). The methodology of calculating the data points of OTC prices is same as in the forward curve. (Pl refer the embedded report)

List of traders who have undertaken contracts in October 2013

Trader	30th Sep - 6th Oct	7th Oct - 13th Oct	14th Oct - 20th Oct	21st Oct - 27th Oct	28th Oct - 3rd Nov	Grand Total
PTC India Ltd.	Y(49)	Y(44)	Y(38)	Y(36)	Y(41)	Y(208)
NTPC Vidyut Vyapar Nigam Ltd.	Y(11)	Y(4)	Y(7)	Y(8)	Y(6)	Y(36)
Tata Power Trading Co. Ltd.	Y(4)	NIL	Y(2)	Y(9)	Y(2)	Y(17)
JSW Power Trading Company Ltd.	NIL	Y(2)	NIL	Y(1)	Y(1)	Y(4)
Instinct Infra & Power Ltd.	Y(2)	Y(1)	NIL	NIL	NR	Y(3)
Mittal Processors (P) Ltd	Y(2)	NIL	NR	NR	NR	Y(2)
National Energy Trading & Services Ltd.	NIL	NIL	NIL	NIL	Y(1)	Y(1)
Reliance Energy Trading (P) Ltd.	NIL	NIL	NIL	Y(1)	NIL	Y(1)
Shree Cement Ltd	NIL	NIL	NIL	Y(1)	NR	Y(1)
Grand Total	Y(68)	Y(51)	Y(47)	Y(56)	Y(51)	Y(273)

Complete report is embedded below.

Performance report of Solar projects under national solar mission...

2013-11-14T17:08:00.001+05:30

MNRE has published the performance data of the projects commissioned under National Solar Mission Phase 1 (Batch 1 and Batch 2) for the month of September 2013 after skipping August 2013.

As the Batch 1 projects have completed one year (Oct-13 to Sep-13), the annual performance of the same are analyzed.

Under the performance data, the performances of solar projects in terms of monthly generation (in kWh) as well as CUF/PLF are being mentioned.

However, for the purpose of the analysis, only the generation figures given by MNRE are considered and are used to calculate the PLF of the project based on the installed capacity.

Further, out of the 28 commissioned projects, around 14 projects were having inconsistent data / data not available.

Hence, for the purpose of evaluating the performance of the Batch 1 Projects, the sample of 14 projects which were fairly reasonable data has been considered from the month of Oct-12 to Sep-13.

On an average, the Batch 1 solar projects have achieved the annual Plant Load Factor of around 21.17%.

The complete analysis along with the datasheet from Oct-12 to Sep-13 is populated in the report format and attached herewith.

The same can be downloaded from this link.

Installed Power Generating Capacity of India stood at 228.72 GW...

2013-11-06T16:38:00.001+05:30

India having the second highest population in the world has the world’s fifth-largest electricity generation capacity. However, still the per capita consumption of electricity is one of the lowest in the world and owing to the multifold increase in the industrialization and other aspects of the economy the demand of power is expected to surge in the coming years.

Due to these reasons, the power sector is high on priority for both the Government & Private bodies as it offers tremendous potential for investing companies based on the sheer size of the market and the returns available on investment capital.

Power India has prepared and attached a report on the installed power generating capacity of India as of September 2013.

In this report, country’s total installed capacity as on the month ending of September 2013 has been analyzed and depicted in the tabular as well as graphical formats.

Below are some of the observations presented in the report:

India’s total power generation capacity stood at around 228.72 GW.
Out of the 5 regions (and Islands), Western region tops the list with around 34% share; followed by Northern Region (27%), Southern Region (25%) and Eastern Region (13%).
The top 5 power generating states are Maharashtra (31.9 GW), Gujarat (26.13 GW), Tamil Nadu (20.11 GW), Andhra Pradesh (17.18 GW) and Uttar Pradesh (14.08 GW).
Share of State Generating Utilities is highest with 39% followed by Private Generating Utilities at 32% and Central Generating Utilities at 29%.
Countries power portfolio mainly dominated by Coal based projects with around 59% share followed by Hydro with 17%, Renewable Energy projects with 12%, Nuclear power with 2% and Diesel Projects with 1%.

The report is embedded below:

The complete report in pdf format can be downloaded from this link.

Everything you want to know about National Solar Mission Phase II batch I...

2013-10-30T20:26:00.001+05:30

The Government of India / Solar Energy Society of India has finalized and issued the guidelines for the solar projects under National Solar Mission Phase II Batch I and issued the RfS for the same.

Power India have analyzed the key aspects of the guidelines as well as RfS and hereby attached the brief analysis of the document.

In the preliminary workings the following aspects have been touched upon:

Introduction of National Solar Mission
Current status of the projects under National Solar Mission
Brief of the NSM Phase II Batch I
Salient features of the provisions under NSM Phase II Batch I
Key technical and commercial considerations
Tentative financials of the projects
Sensitivity analysis covering key variables
Various strategies to optimize the financials

Read the embedded version of the report below:

Comments from the stakeholders are invited on the various aspects discussed in the preliminary analysis.

The full report can be downloaded at here, or write to us at sparksnetwork@gmail.com .

TNERC issues consultative paper for determining tariff of solar projects...

2013-08-05T23:02:00.001+05:30

Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a consultative paper for determining tariff of solar projects and invited comments by 31st Aug 2013.

The commission came out with a proposed tariff structure to provide guidance to those opting for solar power in line with the TN Solar power policy 2012 which envisages setting up of 3000-megawatt (MW) solar plants by 2015.

Fixing of solar power tariff would make easier the proposal to set up power projects in the state as the project developers need not go through tendering process.

Stating that the capital costs of Solar generators are consistently falling down, TNERC has proposed to adopt a capital cost of Rs 7 crore per mega watt for SPV and Rs 11.50 crore per MW for solar thermal projects.

The consultative paper has proposed a separate tariff structure for the following categories of solar projects for a period of 25 years.

Solar Thermal Projects: Rs. 8.34 per unit
solar photovoltaic (SPV): Rs. 5.78 per unit
Kilowatt scale rooftop solar power projects: Rs. 8.15 per unit

The parameters assumed while deriving the above stated tariffs are:

Tariff Components	Solar Photovoltaic	Solar Thermal	kW scale system
Capital cost	Rs. 7 Crores	Rs. 11.5 Crores	Rs. 1 lakh
Auxiliary Consumption	Nil	6%	Nil
CUF	19%	23%	19%
Operation and Maintenance expenses	1.1% of the capital cost with 5.72% escalation after 1st year	1.1% of the capital cost with 5.72% escalation after 1st year	1.1% of the capital cost with 5.72% escalation after 1st year
Life of plant and machinery	25 years	25 years	25 years
Term of Loan	10 years +1 yr Moratorium	10 years +1 yr Moratorium	10 years +1 yr Moratorium
Interest on loan	12%	12%	12%
Working Capital components	One month O&M cost and one month receivables	One month O&M cost and one month receivables	Nil
Interest on working capital	12.5%	12.5%	Nil
Return on equity	20% pre tax	20% pre tax	20% pre tax
Debt-equity ratio	70:30	70:30	70:30
Depreciation rate	3.6%	3.6%	3.6%

Apart from the tariff, the TNERC has directed TANGEDCO to provide detailed procedures covering the following issues related to Net metering , LT connectivity and Renewable Energy Certificates for the approval of the Commission:

Net metering:
a) Standards and location of meters
b) Tariff for excess generation/lapsed units
c) Period of power credit
d) Any other related issue
LT connectivity
a) make and standards for inverters,
b) harmonics standards,
c) synchronization to the grid,
d) safety/protection norms,
e) norms for generator capacity versus connecting voltage etc.,
Renewable Energy Certificate to be issued to solar generators under the Policy
a) Accreditation
b) Issuance
c) Trading

The complete consultative paper is embedded below:

CEA's Monthly Review of Indian Power Sector - June 2013

2013-07-31T16:36:00.001+05:30

Central Electricity Authority (CEA) has published its monthly review of Indian Power Sector for the month of June 2013.

Highlights of the same are as below:

Pan India Electricity Generation

All India Generation for the month was 76 BU compared to 77 BU last year giving a negative growth of 1.25% and it is 95% of the target.
During the period April 2013 to June, 2013, pan India Generation was 238 BU compared to 231 BU over the last year giving a growth of 2.84% and it is 101.46% of the target.

Generation from the Thermal Projects

Generation from the Thermal Projects was 61 BU compared to 62 BU last year giving a negative growth of 2.40% and it is 92.53% of the target.
During the period April 2013 to June, 2013, generation was 198 BU compared to 193 BU over the last year giving a growth of 2.88% and it is 99.22% of the target.

Generation from the Nuclear Projects

Generation from Nuclear Projects was was 2.82 BU compared to 2.75 BU last year giving a growth of 2.84% and it is 112.37% of the target.
During the period April, 2013 to June, 2013, generation was 112.37 BU compared to 8.41 BU over the last year giving a negative growth of 9.00% and it is 97.14% of the target.

Generation from the Hydro Projects

Generation from the Hydro Projects was 12 BU compared to 11.38 BU last year giving a growth of 5.44% and it is 106.65% of the target.
During the period April, 2013 to June, 2013, generation was 31.28 BU compared to 29.50 BU over the last year giving a growth of 6.04% and it is 101.81 %of the target.

Complete report is embedded below.

Gujarat Wind Power Policy 2013

2013-07-27T13:35:00.001+05:30

Gujarat Government has issued a new Wind Power Policy on 25th July 2013.

Brief details of the same can be found at this post.

The complete policy document as uploaded by Gujarat Government is embedded below in pdf form.

ICRA Report: Long term outlook of Indian wind Energy market to remain strong...

2013-07-26T22:37:00.001+05:30

ICRA Limited (an associate of Moody's Investor Service) has released a report on India's Wind Energy market according to which the fundamental long term demand outlook for wind energy is expected to remain strong, supported by large wind energy requirements to meet the Renewable Purchase Obligation (RPO) requirements in the country.

The report, titled as "Wind Energy Sector: Strong demand potential in the long run, although challenges remain on regulatory front" is analyzing the impacts of latest developments in the regulatory regime of the country specifically in the field of wind energy projects.

According to the Report, the wind projects are also getting benefits due to their increased cost competitiveness against the conventional sources of energy both due to increase in fuel prices (such as coal and gas etc) and persisting fuel shortages in the country.

The demand of Wind Energy is further supported by National Action Plan for Climate Control (NAPCC) set up by Government of India (GoI) in June 2008 recommending a target of renewable energy mix in the overall energy procurement by utilities at 10% (minimum) by 2015 and 15% (minimum) by 2020 and by the remunerative preferential tariff in some of the key wind states namely Maharashtra, Madhya Pradesh, Rajasthan and Andhra Pradesh. Also, going forward, investment demand from IPP segment would remain key growth driver and ICRA expects the share of IPP segment in the capacity addition to increase from currently at about 40-45% to about 60-70% over the next two to three years.

Also, untapped wind resource potential on all India basis (across the key states having windy sites) remains quite significant, as evident from the revision in estimates of gross wind energy potential in India from 49,500 MW to 102,800 MW by Centre of Wind Energy Technology (CWET) in February 2012.

Wind energy projects remain exposed to significant counter-party credit risks, given that the financial position of the state distribution utilities in some of the states (having wind resource potential) continue to have weak liquidity & financial position, which in turn has adversely affected their payment pattern towards the wind energy project developers. With continued delays in payments by state utility in Tamil Nadu, fresh investments in the state have been showing a declining trend, as reflected in a sharp decrease in the wind energy installations in the state during FY 2012-13. As distribution utilities are the principal obligated entities to meet RPO norms, the fundamental improvement in their financial position remains extremely crucial in the long run; as this would also enable them to honor the RPO norms in a more sustained manner. ICRA however notes that implementation of financial restructuring scheme (FRS) under progress across the five states3 having utilities with stressed financial position, as well as trend of retail electricity tariff revisions by SERCs for FY 2012-13 & FY 2013-14 so far, subsequent to ruling by Appellate Tribunal for Electricity (ATE) in November 2011; remain positives for the power sector.

CERC has recently approved implementation of mechanism for Renewable Regulatory Fund (RRF) which is to be implemented from July 15, 2013 for wind projects (of 10 MW and above), which requires them to forecast and schedule their power generation on a day-ahead basis. Wind power projects would have to pay Unscheduled Interchange (UI) charges, if the actual generation deviates by more than 30% from the scheduled generation. While the forecasting for the wind projects can be made possible by way of robust technical/statistical models as well as the availability of past data/weather conditions if in place, it remains a key challenge due to intermittent nature of wind pattern as well as nascent stage of implementation for the entire sector. This in turn, may have financial implications on wind power projects, if the actual variations remain beyond the limit of (+/-) 30% and also, given that UI charges vary widely depending upon the frequency range i.e. between Rs. 0/kwh (@50.2 Hz) and Rs. 9/kwh (@49.5 Hz).

RPO levels put in place by SERCs across the states vary widely i.e. in the range of 1% to 10.3% as applicable for FY 2013, as against the recommended level of 8% by National Action Plan for Climate Control. According to ICRA, risk of amendment in RPO norms by SERCs cannot be ruled out, as observed in the past in a few states. Also, implementation of the regulations by SERCs to ensure the compliance in RPO norms on an annual basis by obligated entities continues to remain weak, as SERCs tend to carry forward the shortfall in RPO compliance to the subsequent period, instead of directing any penalty or regulatory charges for non-compliance. As a result, price of renewable energy certificate (REC) on the power exchanges has remained depressed since August 2012, which in turn has led to increased risk profile of the wind energy projects preferring the REC route.

As preferential tariff norms by SERCs across the key seven4 states (which have wind resource potential) are not consistent with the guiding principles/norms as stipulated by CERC, project IRR (post tax) based on preferential tariffs for the wind assets too vary. Notwithstanding the same, ICRA notes that the preferential tariffs have been revised upwards by SERCs in all major states, except Karnataka, which have wind resource potential, in last 12 month period, with the upward revision being in the range of 4% and 34%. This in turn, has also led to increased preference of incremental capacity addition by IPPs through preferential tariff route instead of REC route. Project IRR5 for wind energy assets in the state of Maharashtra is estimated to remain high in the range of 14-15%, while the IRR in Madhya Pradesh, Rajasthan and Andhra Pradesh remains satisfactory in the range of 11-13%, based on the prevailing revised tariffs and in turn, incremental investments in the sector in the near to medium term are likely to happen in these states. On the other hand, IRR for wind projects in case of other states such as Tamil Nadu and Karnataka remains below 10%, because of relatively lower feed-in tariffs.

In respect of domestic wind turbine equipment manufacturing segment, overall annual manufacturing capacity has reached close to about 10,000 MW (as per the industry sources) with about 17 players in the market. This represents a significant over-capacity build-up. While this, coupled with slowdown in investments in turn has intensified the competitive pressures among the players, the market continues to be dominated by 4-5 players who cater to about 90% of the demand, especially by those who have a strong land-bank position & project development rights. Further, vulnerability for the domestic manufacturers who aim to target export markets, has increased further due to subdued demand outlook for wind energy installations in the near to medium term particularly in regions such as China, Europe and America.

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Additional Reading...

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Investments in global Renewable Energy Sector including India seems to decline in short term...

2013-07-25T22:01:00.001+05:30

According to the a report published by leading consultancy firm Deloitte on Renewable Energy, the global investments in Renewable Energy Sector will be facing a short term sluggishness.

Under the said report titled as "Alternative Thinking 2013 Renewable Energy under the Microscope" Deloitte has done a through analysis of various countries and according to the same, the global trend in the investments in Renewable Energy sector is showing sign of decline owing to the global economic slowdown.

As per the Report, the causes of this slowdown in India are:

Lack of implementation of Renewable Purchase Obligation (RPO) by the distribution utilities and other Obligated Entities.
Removal of Accelerated Depreciation and lack of clarity regarding generation based incentive,

However, the report noted that the prospects for global renewable energy industry would be attractive in the long term as around 118 countries have renewable energy targets in place and the demand for clean energy is also on the rise.

Further during the long term, the Renewable Energy sector is perceived to be more attractive owing to improvement in the technology and decline of costs.

As a sign of this, fossil fuels received almost twice the amount of government funded support than the total amount of public and private sector investment in renewable energy in 2012. This equates to a total of USD 523 billion in subsidies provided worldwide, in contrast to the USD 269 billion of total investment in renewable energy in 2012.

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Additional Reading...

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Southern Region worst affected in terms of Power Deficit according to CEA Report...

2013-07-21T15:42:00.001+05:30

According to the a provisional report submitted by CEA on the likely Power Supply Position of various states of India, the Southern Region of the country will be worst affected with the 9,000 MU's or 12.6%.

In the monthly Power Supply Position report (Provisional) report submitted by CEA for the month of June-13, the CEA has analysed and estimated provisional requirement and subsequent availability of Power for each of the states during the April to June 2013

According to the report,

the Southern Region had highest deficit of 9,083 MU's (12.6%)
Northern Region had second highest deficit of 4940 MU's (6.2%)
North-Eastern Region had deficit of 252 MU's (8.4%)
Eastern Region had deficit of 462 MU's (1.7%)
Western Region had deficit of 761 MU's (1%)

In term of States, Uttar Pradesh topped the list with 14.5% deficit. While Gujarat and Chandigarh were having almost nil deficit. Deficits faced by some other states are:

Maharashtra: 2%
Kerala: 6.3%
Karnataka: 14.7%
Andhra Pradesh: 14.8%
Tamil Nadu: 10.5%
Bihar: 6.6%
Jharkhand: 3.6%

On pan India basis the deficit was 15,498 MU's (6%)

The complete report is embedded below.

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Additional Reading...

http://economictimes.indiatimes.com/news/news-by-industry/energy/power/south-india-to-be-worst-affected-by-power-shortages-cea/articleshow/21210694.cms

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Greenpeach suggests microgrids in Bihar to supply renewable energy to all the areas of state; report released…

2012-05-17T12:37:00.001+05:30

As suggested by Greenpeace India, a network of microgrids should be set up in Bihar so that the renewable energy can be provided to all the areas of the state.

According to Samit Aich, the Execution Director of Greenpeace India, this model of energy supply will foster inclusive growth and remove the energy poverty in Bihar.

Further according to him, Bihar has enormous energy deficit which is a major challenge for the growth of the state, but it has the potential to become a power surplus state with strong focus on development of renewable energy through right incentives, enabling environment and effective implementation, he said.

Microgrids can offer reliable and cost competitive electricity services, besides providing a viable alternative to the conventional top down approach of extending grid services. Greenpeace urged the state government to focus on integrated energy planning based on cluster based development.

The energy planning should promote the establishment of a council for rural industrialisation and establishment of related coordination committees at district level.

The report prepared by Greenpeace and released by Bihar Energy Minister Mr. Bijendra Prasad can be downloaded (in pdf form) from the below mentioned link.

Wind Incentives–Do we need Tax Incentive on Project Cost or Electricity Produced…

2012-05-09T13:20:00.001+05:30

Power India has done a study on the comparative analysis of two major incentives being given to Wind Projects – Accelerated Depreciation and Generation Based Incentives.

Background

Although the Accelerated Depreciation (AD) Scheme contributed more to make India’s wind installation globally one of the largest with 15,000 MW however the same was also a reason for poor quality of projects leading to lower generation.
Under AD Scheme, developers were able to get 80% depreciation benefit (against the normal rate of 15%) in the initial years only which was causing them to focus little on Plant Load Factor (PLF), Machine Availability, Actual Generation, Losses and other quality aspects of the Project.
Due to this despite having large capacity of wind projects, India’s actual wind power generation is very poor.
Although, Accelerated Depreciation benefit for Wind Projects has been withdrawn by Income Tax Department on 30^th March 2012[1], have since been conflicting reports that it would be revived.

We are giving a snapshot of the comparison between the AD Scheme & GBI Scheme.

1. Current major Initiatives

a. Accelerated Depreciation

Government of India (“GoI”) had introduced Accelerated Depreciation scheme (“AD Scheme”) in mid nineties.
Wind energy producer were entitled to claim up to 80% accelerated depreciation in the first year itself.
Over the years AD was the major driver for the development of the wind industry in the country.

b. Generation Based Incentive

MNRE has introduced a Generation Based Incentive scheme (“GBI Scheme”) on 17^th December 2009.
GBI Scheme entitles the wind energy producer to get Rs. 0.50/unit (over and above the tariff) of electricity produced for the first 10 years of project life subject to maximum cap of Rs. 62 Lacs/MW.
The scheme was can be availed only if AD Scheme has not been availed. Further, the maximum capacity of the projects under this scheme was capped at 4000 MW and was applicable for the projects commissioned till 31^st March 2012.
It is expected that extending the validity and incentives of GBI Scheme is under consideration however; currently no official notification to this effect has been published.

2. AD Scheme (Key driver):

Ownership of wind assets appeared more attractive for a “diversified” corporate taxpayer, being eligible for an Accelerated Depreciation (80%/40%) of the cost of the asset (in the initial years of operation), with equity financing of only 30%.
As a consequence, functionality of the wind asset came to be determined by the tax absorption capacity of the corporate, rather than aspects such as optimal capacity of the wind farm, prospective revenue stream etc.
However, for Independent Power Producers (IPPs) the extant scheme only offers a marginal benefit, since the entire depreciation needs to be absorbed within 5 years of commissioning, for the income-tax holiday to be fully availed.

3. Current Mix – AD vs IPPs:

Historically 80%-90% of wind projects being installed in India are under AD Scheme due to the higher profitability of wind energy projects considering the benefits of AD Scheme.
According to recent data of IREDA[2], the registering authority of AD Scheme, ~1300 MW of Wind Projects have been registered under AD Scheme out of the total installations of ~3600 MW during the period 2010-11 & 2011-12.
During recent years, large IPPs started setting up wind projects and share of AD has gone down. The current market share of wind projects under AD Scheme is roughly ~40%.

4. Impact of removal of AD benefits:

Wind Projects to be installed after 31^st March 2012, will not be able to take benefits of AD Scheme.
IT Depreciation is reduced to 15% from the earlier level of 80%, which is in line with the other projects. This will take away the entire AD Scheme driven market of ~40%.
Last FY (2011-12) Wind installations were in the range of 3200 MWs (around 40% were expected to be from AD market). These customers unlikely to be interested in the wind projects any more. GBI Scheme which was mutually exclusive to AD has also expired on 31^st Mar 2012.
It is expected that Wind Industry will take a hit on this and expected installations next FY will be restricted to ~ 2000 MW only.
However, quality of projects (i.e. size of wind farms, capacity of machines) are expected to increase going forward as only serious players will going to be in the wind business.

[1] Notification No. 15/2012 [F.No.149/21/2010-SO(TPL)] Dated 30-3-2012

[2] IREDA has started issuing unique identification nos to the registered WTGs under AD Scheme from the end 2009.

Distribution Companies’ losses to reach 1.2 % of GDP by FY2014 adversely impacting the banking system; compels the need of reforms…

2012-05-06T20:15:00.001+05:30

The current situation of the India Power Sector has reached its saturation point which is being witnessed by the widening financial losses of the distribution companies (DISCOM). As per the research carried out the Avendus Securities; with the current rate of increase, DISCOMs’s financial losses are likely to reach 1.2% of India’s nominal GDP by FY 2014 if no reforms are implemented.

As per the study done by Avendus Securities; such high‐level losses, as a percentage of the GDP, were earlier reported in FY 1999 to FY 2002, when key reforms pertaining to the bail out of state electricity boards (SEBs) and formation of the Electricity Act were initiated.

Also, the power sector crisis may impact other sectors such as banks. Of the total loans, 50% loans to the WIP capacity and 90% to DISCOMs are likely to be at risk. As of Dec11, this amount was likely to be Rs. 1,627 Billion, i.e., 32% of the banks, Power Finance Corporation and Rural Electrification Corporation’s exposure to the power sector that faces risk.

As the crisis reaches tipping point, the next set of reforms is likely to be implemented; among others, these may include the following:

Allowing pass‐through of imported coal costs: Most private power producers have secured exclusive stakes in coal mines in Indonesia and Australia to supply fuel to power plants. The electricity generated from these power plants is tied up under power purchase agreements (PPAs) with various DISCOMs and do not have pass‐through of increase in costs. However, the change in the Indonesian mining law and additional taxes imposed on miners in Australia has led to a rise in costs, making PPAs economically unviable. Reforms allowing pass‐through of rises in fuel costs is likely to restore the economic viability of private investments into such projects. Currently, 24GW of the WIP capacity is tied up under PPAs that may turn unviable.
Increase in tariffs by DISCOMs: Better profitability of DISCOMs, led by tariff hikes, is likely to boost power demand. This may lead to an improvement in merchant tariffs. The untied capacity, which varies between 8% and 65%, may generate higher returns. Thus, the viability of private investments would be restored.
Approvals for captive coal blocks: Faster processing of regulatory approvals for captive mining is likely to lead to an early start of production at captive mines. This may lead to higher availability of lower‐cost domestic coal. Higher production from captive coal blocks may free up demand for coal produced by Coal India. Thus, power plant capacity tied up under PPAs and fuelled through imported coal may reduce the operational cost through optimal blending of domestic and imported coal.

Signs of a likely initiation of the next set of reforms are visible with the following:

submission of the Shunglu committee’s report addressing measures to improve the financial health of DISCOMs;
removal of basic customs duty on imported coal; and
directing Coal India (COAL IN, Add) to sign fuel supply agreements (FSAs) for the power plants commissioned before 31Dec11.

Power Sector (Generation Segment) Performance during FY 2011-12; electricity generation surpass targets…

2012-04-30T08:59:00.001+05:30

Power India found that the Power Sector staged a turnaround of sorts during FY 2011-12 with exceeding the capacity addition targets set by Power Ministry by nearly 17%.

This is a welcome reversal of trend in the power sector. It witnessed only 60% target achievement during FY 2010-11.

The capacity addition target for last year was pegged at 17,601 MW, which included 5,725 MW by the central sector, 4,266 MW by the states and 7,610 MW by the private sector.
With regard to the actual achievement, totaling 20,501.7 MW, the sector-wise break-up works out to be 4,770 MW for the center, 3,761.2 MW for the state sector and 11,970.5 MW for the private sector.
During the 11th five year plan, a total capacity of 54,964 MW, or 260% of the capacity added during the entire 10th plan, has been achieved in the country.
Further, 102.51% of the electricity generation target of 855 billion units (BU) was met during the year 2011-12. The electricity generated in the fourth quarter was 222.41 BU, which was 6.029 BU greater than the estimate.
The sector-wise break-up of the power generated during the last fiscal was 369.31 BU for the centre, 367.57 BU for the state sector and 139.56 BU for the private sector.

Source:CEA

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India and Brazil to drive the global wind energy capacity addition…

2012-04-27T21:32:00.001+05:30

The global wind industry will install more than 46 gigawatt of new wind energy capacity in 2012 according to a five-year industry forecast published by the Global Wind Energy Council (GWEC).

By the end of 2016, total global wind power capacity will be just under 500 GW, with an annual market in that year of about 60 GW, the report said.

Overall, GWEC projects average annual market growth rates of about 8% for the next five years, but with a strong 2012 and a substantial dip in 2013. Total installation during 2012-2016 is expected to touch 255 GW, with cumulative market growth averaging just under 16%.

According to Steve Sawyer, GWEC Secretary General for the next five years, annual market growth will be driven primarily by India and Brazil, with significant contributions from new markets in Latin America, Africa and Asia.”

Asia will continue to be the world’s largest market with far more new installations than any other region, installing 118 GW between now and 2016, and surpassing Europe as the world leader in cumulative installed capacity sometime during 2013, ending the period with about 200 GW in total.

After nearly a decade of double and triple digit growth, the Chinese market has finally stabilised, and will remain roughly at current levels for the next few years.

Having achieved a 3 GW market for the first time in 2011, the annual market in India is expected to reach 5 GW by 2015.

Complete report can be downloaded from here.

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India boost the Solar Energy globally…

2012-04-27T11:47:00.001+05:30

Power India found that according to a report published by NRDC and CEEW, India vide its ambitious National Solar Mission (NSM) layed down a foundation for the brighter future of sola energy globally.

As said by the Report:

From tentative beginnings, India’s solar energy market is picking up steam. From 17.8 megawatts (MW) in early 2010, cumulative installed capacity reached 506.9 MW at the end of March 2012. The Jawaharlal Nehru National Solar Mission (NSM or Mission), launched in 2010, has catalyzed much of this growth. Even with 300 sunny days a year in most regions, creating a new solar energy market in India is no easy task.

India’s ambitious national solar programme has catalysed rapid growth in the solar market driving solar energy prices low and demonstrating how government policy can stimulate clean energy markets, according to a new report.

In only two years, competitive bidding under India’s National Solar Mission drove prices for grid-connected solar energy to nearly the price of electricity from fossil fuels, said the report released here Wednesday by the Natural Resources Defence Council (NRDC) and the Council on Energy, Environment and Water (CEEW).

During that same period, cumulative installed solar capacity in India surged from 17.8 MW to over 500 MW, as discussed in “Laying the Foundation for a Bright Future: Assessing Progress Under Phase 1 of India’s National Solar Mission.”

“As the world’s second-fastest growing economy, India has sparked a powerful solar market in only two years,” said Anjali Jaiswal, senior attorney for the India Initiative of NRDC, a US headquartered international nonprofit environmental organization.

“While the National Solar Mission still faces significant hurdles, India has already made important strides to attract new domestic and international players into the market, and lower the price of solar energy faster than most anticipated.”

The report from NRDC and CEEW provides recommendations to aid the Indian government, private sector and other stakeholders in overcoming obstacles to achieving the Mission’s goal of 20 GW of installed solar capacity by 2022, equivalent in energy capacity to 40 mid-sized coal-fired power plants.

These include encouraging financing, boosting domestic manufacturing, and creating a conducive environment.

“As nations race to become clean energy leaders, governments around the world will be closely following the progress of India’s National Solar Mission,” said Dr. Arunabha Ghosh, CEO for the CEEW, an independent think-tank based in New Delhi.

The full report can be downloaded here.

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Clean Energy Progress Report (2012) launched by IEA…

2012-04-25T16:24:00.001+05:30

Power found that International Energy Agency (IEA) has launched its 2012 Tracking Clean Energy Progress report at the third Clean Energy Ministerial in London.

The PDF version is downloadable, free of charge, from our website.

The report is an early excerpt of the forthcoming Energy Technology Perspectives 2012 (to be released on 11 June 2012). It provides a comprehensive tracking of progress in the development and deployment of clean energy and energy efficiency technologies in the power generation, industry, buildings, and transport sectors. Progress is compared against rates required to achieve a 2Â°C limit in global temperature rise. Three main areas are evaluated

Technology progress, using data on technology performance, technology cost, and public spending on research, development & demonstration (RD&D)
Market creation, using data on government policies and targets, and private investment
Technology penetration, using data on technology deployment rates, share in the overall energy mix and global distribution of technologies.

The report finds that while some progress has been made, most clean energy technologies are not on track to make their required contribution to reducing carbon dioxide (CO₂) emissions and thereby provide a more secure energy system. It highlights that getting back on track is possible, if timely and significant policy action is taken.

Below table shows the key findings of the Report.

Pre-order Energy Technology Perspectives 2012 now on the IEA Online Bookshop

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PV manufacturing summit and PV Technology Outlook India 2012 by PV Insider…

2012-04-25T16:12:00.001+05:30

Power India found that PV Insider (a Global Solar PV business intelligence provider) has organized “PV Manufacturing Summit India” at New Delhi on August 1 and 2, 2012.

Some of the brief information about the even are as follows:

This conference is for the PV manufacturing industry in India – that means module manufacturers, cell suppliers, material and chemical suppliers, equipment manufacturers and more. In addition, international companies looking to penetrate this embryonic market will find a lot of value in the programme we have created.

The list of speakers for this conference gets bigger and better by the day - you can see the full list here, but below is a small sample:

Tarun Kapoor, Joint Secretary, Ministry of New & Renewable Energy
Ajay Prakash Shrivastava, President, Maharishi Solar Technology
Karl Brutsaert, Manager - India, First Solar
Sudheer Kumar, General Manager, Moser Baer Solar
Amit Barve, General Manager - Solar (India and SEA), SCHOTT Solar
Parag Shah, Managing Partner, Mahindra Partners
Shailendra Shukla, Director, CREDA
Jatin Roy, Senior Vice President (R&D), Solar Semiconductor
R.K. Bhogra, Consultant (Solar Energy), Bharat Heavy Electricals Limited (BHEL)
Speaker TBC, SunEdison

Complete brochure of the event can be downloaded from this Link.

In promotion of the above PV Insider has prepared an Outlook on Indian PV market – PV TECHNOLOGY OUTLOOK INDIA 2012

The same can be downloaded from this link.

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RE Energy business to be USD 349 Billion by 2020 as per Grant Thornton…

2012-04-24T22:01:00.001+05:30

According to reports, the global business for cleantech energy will be as big as $ 349.2 billion in 2020, compared with $ 188 billion in 2010, says Grant Thornton, the consultancy firm.

In a recent report, Grant Thornton observes that cleantech business is no longer something that companies do in order to be seen as doing the right thing. Today’s drivers of cleantech businesses are cost reduction opportunities, the report says.

The business is already growing. While not yet being “a cash generating adult like oil and gas”, cleantech business has shown that it can stand on its own feet, the report says.

The global market for solar photovoltaics, for example, has expanded from $2.5bn in 2000 to $71.2bn in 2010, representing a compound annual growth rate (CAGR) of 39.8 per cent, according to Clean Edge. During that period, the global market for wind power expanded from $4.5bn in 2000 to more than $60.5bn, a CAGR of 29.7 per cent. Other cleantech sectors — eg. hybrid electric vehicles, green buildings and smart grids — have seen similar growth rates.

Grant Thornton India’s Associate Director, Mr Vivek Vikram Singh, says in the report that the coal cess, which will accumulate to around $600 million a year, would be reinvested in clean tech sector. He observes that even during the recession, the renewable energy sector was optimistic.

Mr Singh is also optimistic about M&A deals in the clean tech sector. M&A and PE deals totalling about $400 m have happened in the cleantech sector, which he says, “is very promising, given that this is a sunrise sector.”

While right now the cleantech sector is more a private equity play, M&A activity will pick up in the future, he says

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As per “Integrated Renewable Energy Resource” report of TERI, Gujarat has 750 GW of renewable energy potential…

2012-04-23T15:25:00.001+05:30

Power India found that The Energy Research Institute (TERI) has estimated Gujarat’s overall integrated renewable energy potential to be around 750 GW. This includes all the major renewable energy sources such as wind, solar, hydro etc.

Source wise breakup as estimated by TERI is:

Hydro Power: 345 GW
Solar PV & Wind Hybrid : 240 GW
Solar Thermal : 21 GW
Wind : 139 GW
Biomass 1.9 GW

Leena Shrivastava, Vice Chancellor, TERI said:

"The overall renewable energy potential in Gujarat is very high, considering if all the identified suitable lands can be made available. For this there is a need to focus on developing guidelines and policy for prioritisation of the land utilization, which enables easy and early clearance of lands for the renewable energy projects development,"

The report called as “Integrated Renewable Energy Resource Atlas for Gujarat” prepared by TERI and Sustainable Energy Foundations has been unveiled by former Union Ministers for Power Mr. Suresh Prabhu.

Besides Shrivastava and Prabhu, Guajrat's energy and petrochemicals secretary DJ Pandian, Moser Baer ED Ratal Puri and Hitachi Hi-Rel Electronics MD Piyush Shah addressed participants at two day Indian Solar Investment & Technology Summit in Gandhinagar.

As said by Alok Kumar Jindal, TERI’s associate fellow and area convenor:

"Based on the adaptability of this atlas, the same type of atlases can be developed for all the states having good renewable energy resources. The report is an interactive tool to help the planners and policy makers for promotion and development of renewable energy projects at large scale,"

The methodology for the study includes data collection on the previous estimates of renewable energy potential in the state, analysing those data, finding the shortcoming and need for its improvements and additionally the impact of technology development in to the actual potential. TERI contacted various government agencies and other relevant institutions data collection. The land use and land cover data of Gujarat were collected for the present year and analysed through the Geographic Information System.

The Energy-Environment Technology Development division of TERI focuses on development and propagation of products and services based on renewable energy technologies and resource-efficiency through multidisciplinary approach and close interaction with the user - community and industry. Shakti Sustainable Energy Foundation works in the area of future of clean energy by supporting the design and implementation of policies.

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