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The
Centre for Renewable Regulation & Policy aims to promote the development
of renewable and sustainable energy in India with the
help of enabling legal and regulatory provisions as
given in the Electricity Act, 2003. The Centre will
research into innovative instruments arising from an
environmental economic framework and green theory for
developing new policy initiatives for sustainable development.
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CORE
ACTIVITIES
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Developing legislative,
regulatory, and legal models for the transition to clean,
green and sustainable energy.
KEY EXPERTISE
The Centre for Renewable Regulation and policy
has developed expertise in the following key areas:
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RE potential assessment
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RE tariff determination
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Preparation of tariff petition and
participation in the regulatory process
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Renewable purchase obligation mechanism
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Renewable energy certificate mechanism
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RE policy formulation
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Policy and regulatory risk assessment
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ARR scrutiny and tariff determination for
distribution licensees
Conducting training programmes/conferences in the area of
policy and regulation.
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Providing consultancy
and supporting electricity regulatory commissions in India
for adopting regulatory measures, to facilitate growth of
sustainable energy.
FUTURE DIRECTIONS
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To conduct short-term
training programmes and seminars for state electricity regulatory
commissions, addressing certain critical issues related
to regulation, in the post-Electricity Act, 2003, regulatory
environment.
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Offering consultancy support to SERCs in the
area of RE tariff fixation, RPS, scrutiny of ARR, and
determination of retail tariff of distribution licensees.
Also providing consultancy support to state governments/SNAs
in RE policy formulation, and to corporate companies in the
area of RE policy and regulation.
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Preparing tariff petition and providing
assistance during regulatory process for tariff fixation.
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Carrying out policy and regulatory risk
analysis assessment to facilitate RE project investment.
WISE developed a Model
Renewable Energy Law for India in 2005. After more than a year
of campaigning for its adoption by Parliament, the draft law
was submitted to the Ministry of New and Renewable Energy (MNRE),
Govt. of India, in August 2007, for processing the law for
Parliament's approval. Consequently, in the Energy
Coordination Committee meeting convened by Dr Manmohan Singh
in June 2008, the Prime Minister authorized MNRE to come
forward with a draft legislation for the promotion and
accelerated growth of renewable energy in India. The model
draft law prepared by WISE would form the basis of the R E Law
for India. |
