-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
After reclassifying hydropower as a renewable energy technology, the Indian government plans to authorize procurement
from hydroelectric projects.
According to media reports, the Indian government has proposed an amendment to the Electricity Act to require the implementation of the Hydropower Purchase Obligation (HPO).
If implemented, this new revision would require electricity retailers to purchase a minimum percentage
of their electricity demand from hydroelectric projects.
This means that in addition to the existing Renewable Purchase Obligation (RPO), HPO will be enforced, which requires electricity retailers to purchase a minimum percentage of electricity
from solar and non-solar renewable energy technologies.
India has set a target of deriving 21 percent of its electricity from renewable energy technologies by 2021, including 10.
5 percent from solar power projects
.
The government has not specified the minimum percentage
of electricity that electricity retailers receive from hydroelectric projects.
Experts welcomed the move, claiming that increasing the share of hydropower in the grid would help grid operators manage the intermittency
of solar and wind power.
For decades, India has regarded hydroelectric projects with a capacity of more than 25 MW as conventional power projects
.
However, over the past few years, various government departments have been working to reclassify large hydroelectric projects as renewable energy projects
.
Almost all other countries convert all water television to renewable energy
.
Another reason for the reclassification is that it will have a direct impact
on India's renewable energy trajectory.
India has committed to having 175 GW of renewable energy generation capacity
by December 2021.
As of March 31, 2020, India's renewable energy operable generation capacity was just over 88 GW, excluding large hydropower projects
.
If large hydroelectric projects are added to this list, India's renewable energy capacity will increase to more than 133 GW, which will hopefully make the otherwise unattainable target of 175 GW possible
.
After reclassifying hydropower as a renewable energy technology, the Indian government plans to authorize procurement
from hydroelectric projects.
According to media reports, the Indian government has proposed an amendment to the Electricity Act to require the implementation of the Hydropower Purchase Obligation (HPO).
If implemented, this new revision would require electricity retailers to purchase a minimum percentage
of their electricity demand from hydroelectric projects.
This means that in addition to the existing Renewable Purchase Obligation (RPO), HPO will be enforced, which requires electricity retailers to purchase a minimum percentage of electricity
from solar and non-solar renewable energy technologies.
India has set a target of deriving 21 percent of its electricity from renewable energy technologies by 2021, including 10.
5 percent from solar power projects
.
The government has not specified the minimum percentage
of electricity that electricity retailers receive from hydroelectric projects.
Experts welcomed the move, claiming that increasing the share of hydropower in the grid would help grid operators manage the intermittency
of solar and wind power.
For decades, India has regarded hydroelectric projects with a capacity of more than 25 MW as conventional power projects
.
However, over the past few years, various government departments have been working to reclassify large hydroelectric projects as renewable energy projects
.
Almost all other countries convert all water television to renewable energy
.
Another reason for the reclassification is that it will have a direct impact
on India's renewable energy trajectory.
India has committed to having 175 GW of renewable energy generation capacity
by December 2021.
As of March 31, 2020, India's renewable energy operable generation capacity was just over 88 GW, excluding large hydropower projects
.
If large hydroelectric projects are added to this list, India's renewable energy capacity will increase to more than 133 GW, which will hopefully make the otherwise unattainable target of 175 GW possible
.