Draft National Renewable Energy Bill,
2015 released
The Ministry of New and Renewable Energy released the draft National Renewable Energy Bill, 2015 on July 14, 2015.20 Presently, the Electricity Act, 2003 regulates the renewable energy sector.
The draft Bill provides for a framework to facilitate and promote the use of renewable energy. In addition, the draft Bill aims to address issues that are not adequately covered in the Electricity Act, 2003, such as principles of grid planning and operation.
Key features of the draft Bill include:
Creation of the National Renewable Energy Fund and State Green fund: These funds will be operated by the central and state governments respectively. The National Renewable Energy Fund will obtain revenue from the National Clean Energy Fund. The Bill does not mention the percentage of annual proceeds which will be routed to this fund. The State Green Fund will obtain a corpus from the National Renewable Energy Fund. Both of these funds would provide for meeting the expenses of implementing the National Renewable Energy Policy and National Renewable Energy Plan.
Licenses and Accreditation: Under the Electricity Act, 2003 supply of electricity requires a license. However, under the draft Bill, no license would be required to supply electricity from a renewable energy source. The Ministry will be responsible for setting up an accreditation program for renewable energy manufacturers, system integrators and others.
Committees: The draft Bill provides for the creation of the National Renewable Energy Committee. The Committee would review the implementation of the National Renewable Energy Policy and National Renewable Energy Plan.
The Committee would also enable inter ministerial coordination and coordinate matters on grid integration of renewable energy. A grid is a high voltage backbone system of interconnecting transmission lines, sub-stations and generating plants. The National Renewable Energy Advisory Group is also established under the draft Bill. The group would keep track of the latest developments in technology. The group would also advise the central government on the utilisation of the National Renewable Energy Fund.
The Ministry of New and Renewable Energy released the draft National Renewable Energy Bill, 2015 on July 14, 2015.20 Presently, the Electricity Act, 2003 regulates the renewable energy sector.
The draft Bill provides for a framework to facilitate and promote the use of renewable energy. In addition, the draft Bill aims to address issues that are not adequately covered in the Electricity Act, 2003, such as principles of grid planning and operation.
Key features of the draft Bill include:
Creation of the National Renewable Energy Fund and State Green fund: These funds will be operated by the central and state governments respectively. The National Renewable Energy Fund will obtain revenue from the National Clean Energy Fund. The Bill does not mention the percentage of annual proceeds which will be routed to this fund. The State Green Fund will obtain a corpus from the National Renewable Energy Fund. Both of these funds would provide for meeting the expenses of implementing the National Renewable Energy Policy and National Renewable Energy Plan.
Licenses and Accreditation: Under the Electricity Act, 2003 supply of electricity requires a license. However, under the draft Bill, no license would be required to supply electricity from a renewable energy source. The Ministry will be responsible for setting up an accreditation program for renewable energy manufacturers, system integrators and others.
Committees: The draft Bill provides for the creation of the National Renewable Energy Committee. The Committee would review the implementation of the National Renewable Energy Policy and National Renewable Energy Plan.
The Committee would also enable inter ministerial coordination and coordinate matters on grid integration of renewable energy. A grid is a high voltage backbone system of interconnecting transmission lines, sub-stations and generating plants. The National Renewable Energy Advisory Group is also established under the draft Bill. The group would keep track of the latest developments in technology. The group would also advise the central government on the utilisation of the National Renewable Energy Fund.
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