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Energy regulator proposes new rules to push renewable projects – EQ Mag

Energy regulator proposes new rules to push renewable projects – EQ Mag

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Jaipur : The Rajasthan Electricity Regulatory Commission (RERC) has proposed amendments in rules to simplify the development of renewable power projects.

RERC has proposed three new regulations to align with the Green Energy Open Access Rules, 2022. These regulations include the Green Energy Tariff, Green Certificate, and Ratings. For this, RERC has issued the draft ‘Terms and Conditions for Tariff Determination from Renewable Energy Sources (First Amendment) Regulations, 2023’.

“The amendments cover several aspects such as transmission and wheeling charges, captive projects, banking of energy, green energy tariff, and green certificates. Stakeholders can submit their feedback and suggestions until May 26, 2023,” said an official familiar with the development.

The new regulations allow consumers to choose whether they want to buy green energy for a portion or all of their energy consumption. They can ask their distribution licensee to provide the desired amount of green energy. Consumers have the option to request separately for solar and non-solar energy. They can purchase more renewable energy voluntarily, in steps of 25% up to 100%.

“The Commission will determine the tariff for green energy based on the discoms’ various cost components. Consumers must request green energy for at least one year,” reads the draft.

The discom will also issue green certificates annually to consumers who have requested green energy beyond their RPO.

The proposed amendment by RERC indicates that the cross-subsidy surcharge and additional surcharge will not apply if a non-fossil fuel-based waste-to-energy project supplies power to open-access consumers. Additionally, the cross-subsidy surcharge will not apply if green energy is used to produce green hydrogen and ammonia.

Source: PTI
Anand Gupta Editor - EQ Int'l Media Network