02/08/2022

India’s Renewable Purchase Obligation 2030

India’s Renewable Purchase Obligation ( RPO ) and Energy Storage Obligation  ( ESO ) Trajectory from 2022 – 23

  • Energy from hydro power projects is considered as renewable energy has been recognized world over on 8th march, 2019. 
  • The government of India had also recognized large hydro power projects including pumped storage projects having capacity of more than 25 MW is considered as a part of renewable energy. 
  • The large hydro power stations commissioned after 8th march, 2019 will be part of renewable purchase obligation ( RPO )  through separate obligation i.e hydro power purchase obligation ( HPO ). 
  • The renewable power trajectory beyond 2021 – 22 is as given below.

Year

Wind RPO

HPO

Other RPO

Total RPO

2022 – 23

0.81%

0.35%

23.44%

24.61%

2023 – 24

1.60%

0.66%

24.81%

27.08%

2024 – 25

2.46%

1.08%

26.37%

29.91%

2025 – 26

3.36%

1.48%

28.17%

33.01%

2026 – 27

4.29%

1.80%

29.86%

35.95%

2027 – 28

5.23%

2.15%

31.43%

38.81%

2028 – 29

6.16%

2.51%

32.69%

41.36%

2029 – 30

6.94%

2.82%

33.57%

43.33%

 

The following percentage of total energy consumed shall be solar/wind energy along with /through storage.

FY

Storage ( On Energy Basis )

2022 – 23

1.0%

2023 – 24

1.5%

2024 – 25

1.5%

2025 – 26

1.5%

2026 – 27

1.5%

2027 – 28

3.0%

2028 – 29

3.5%

2029 – 30

4.0%

 

  • Renewable Purchase obligation ( RPO ) mandates that all electricity distribution licenses should purchase or produce minimum specified quantity of their requirements from renewable energy sources.

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