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Abstract: Well designed Renewable Energy (RE) policies and their effective regulation is the key to promote RE generation in the world. Renewable Energy Certificate (REC) mechanism is a market-based policy instrument which facilitates Renewable (Energy) Purchase Obligations (RPOs) in order to increase RE generation in a country. The recently conceived and implemented REC mechanism in India attempts to involve various stakeholders in an economically efficient manner and has been effective in its first year of operation. The paper commences with the background and the genesis of REC mechanism in India. It characterises the REC trading mechanism and analyses the performance of the REC market for the FY 2011–12. Comparing the financial viability for sale of RE by project developers in certain key states, the paper shows that REC mechanism is more profitable than entering into a Power Purchase Agreement (PPA) for sale of RE at Preferential Tariff (Feed-in-Tariffs). Thus, the REC market which has attained a size of 2.3 billion INR in its first year of existence is forecasted to grow manifold in the future and the paper attempts to forecast the market size in near term. Further analysis of the REC market reveals that although there are inherent advantages of the REC mechanism over other methods of promoting growth of RE, the market is currently subject to various distortions and the paper suggests few steps for correcting these distortions by appropriate market re-design. The paper concludes that the REC market mechanism has gained momentum and can effectively promote RE generation in an economically efficient manner, with benefits to all stakeholders, provided it is strictly implemented and continuous corrections are given in the right direction by the market regulator. [Copyright &y& Elsevier]

Abstract: An innovative energy model is explored for techno-economic feasibility evaluation, taking into consideration the geographical advantages, government policies, regional incentives and energy certificates. In India, two energy certification schemes have been started, namely, the Renewable Energy Certification (REC) mechanism, successfully implemented in India during 2011, and the Perform, Achieve and Trade (PAT) for the Enhanced Energy Efficiency Programme in 2012. This paper reviews the state of the art in designing an energy model at a specific location, with the consideration of solar, wind and ground sources for renewable energy and fossil fuel, to gain optimum performances in energy certificate scenario. The key design issues about boundary and target settings for REC and PAT energy certificates are discussed to review the financial performance of the schemes taking into considerations energy generators, designated consumers and traders in the market. Due to major impact of micro-medium and small industries (MSME) on Indian economy, this paper discusses the possibilities of inclusion of MSME in PAT scheme. One more addition in PAT scheme, with respect to large unit with marginal available fund for technology upgradation/financially sick unit, invites the creation of consolidated fund, which will support technology absorption and role of state Government policies for funding this mechanism. The energy model provides the estimation and prediction of hybrid power generation in regard to the parameters of resource potential, technology, efficiency and consumption pattern. The monitoring, statistical and prediction model with inbuilt mechanism for REC and PAT incentives is explored. [Copyright &y& Elsevier]

The mitigation of global energy demands and climate change are the most important factors in the modern days. Development and application of solar energy have been regarded by the government of India and common people, and they thought that solar photo voltaic energy can provide more energy in future compare to other renewable energies. In the last decade, solar photovoltaic energy research and development has supported by the central government and state governments. This paper discusses the progress of current solar photovoltaic energy in India. It highlights the renewable energy trend in India with major achievements, state wise analysis of solar parks and industrial applications. Finally, it discusses the Indian government policies and initiatives to promote solar energy in India. This review on solar photovoltaic energy will help decision makers and various stakeholders to understand the current status, barriers and challenges for better planning and management in this field. [ABSTRACT FROM AUTHOR]

Renewable energy can play a strategic role in India in meeting the country’s growing energy demands, as well as combating climate change. Policymakers have recognized this potential and over the last decade have intensified their efforts towards creating a conducive regulatory and policy framework. Policy instruments such as renewable obligations, feed-in-tariffs and generation based incentives have specially aided the transformation towards large scale generation, enabling higher efficiency and lower costs of generation. However, financing has emerged as a significant barrier for sustaining the momentum gained in recent years. Given this background this paper provides an overview on the evolution of large scale generation and the consequent changes in financing requirements. It further reviews the emerging trends and barriers in the financing landscape and analyses the impact of policy performance in this context. Finally, it considers the design of a national renewable finance framework complete with targeted finance push instruments that can complement existing demand pull policies in facilitating investment. [ABSTRACT FROM AUTHOR]

Abstract: Biomass based energy generation is one of the major focus areas of renewable energy programs in India. The strength of India's biomass resources mostly lies in the agricultural sector. A large quantity of crop residue biomass is generated in India. However, crop residue biomasses are distributed resources with variation in spatio-temporal availability and its characteristics. Competing uses of residues also vary geographically. Therefore, local biomass databases are important for decentralized bioenergy programs. However, in India, state wise crop level biomass database is limited. The present paper assessed crop residue biomass and subsequently bioenergy potential in all the 28 states of India using crop statistics and standard procedure. A total of 39 residues from 26 crops cultivated in India are considered for the study. Overall, India produces 686MT gross crop residue biomass on annual basis, of which 234MT (34% of gross) are estimated as surplus for bioenergy generation. At state level, Uttar Pradesh produces the highest amount of crop residue amongst all the 28 states. Amongst all the crops, sugarcane produces the highest amount of surplus residue followed by rice. The estimated annual bioenergy potential from the surplus crop residue biomass is 4.15EJ, equivalent to 17% of India's total primary energy consumption. There exists variation from 679MJ (West Bengal) to 16,840MJ (Punjab) of per capita crop residue bioenergy potential amongst the states of India. The information generated in this study is expected to be useful for decentralized crop residue based energy planning by the states of India which in turn would positively influence the overall renewable energy growth in India. [Copyright &y& Elsevier]

Abstract: India and Indonesia are privileged with abundant biomass resource potentials, 23 Giga-watt (GW) and 50GW equivalents respectively, yet both countries harvest small proportions, with fundamentally different deployed policies and articulated strategies. In this regard, this paper focuses on analyzing evolution and deployment of different policies and execution of strategies by two countries. It analyzes the effects of the biomass energy policies and executed strategies in India and Indonesia with a holistic approach. Such an approach takes the policy and strategy of the whole biomass energy sector rather than a segmented and separated sector as biofuel, biogas, biodiesel, etc. Furthermore, how they have resulted in different outcomes is also addressed. Our analysis shows that India's biomass energy policy has evolved from incremental to more radical changes, while Indonesia's policy remains incremental. India has also a relatively more unified biomass energy strategy than Indonesia. India has been more focused on technology development and deployment along with strong institutional creation, whereas Indonesia has not been able to create any biomass sector supporting strong institutions. Therefore, in terms of biomass energy utilizations, India has demonstrated better performance than Indonesia. [Copyright &y& Elsevier]

Abstract: The future economic growth for India is likely to result in rapid and accelerated surge in energy demand, with expected shortages in terms of supply. Many of its current policies and strategies are aimed at the improvement and possible maximization of energy production from the renewable sector. It is also clear that while energy conservation and energy efficiency can make an important contribution, renewable energies will be essential to the solution and are likely to play an increasingly important role for providing enhanced energy access, reducing consumption of fossil fuels, and helping India pursue its low-carbon progressive pathway. However, most of the states in India, like the northernmost state of Jammu and Kashmir, have experienced an energy crisis over a sustained period of time and the government both at center and state level has to embark upon with these pressing issues in a more sustainable manner and accordingly initiate various renewable energy projects within these states. This paper will provide a broad-spectrum view about the energy situation within Jammu and Kashmir and will highlight the current policies along with future strategies for the optimal utilization of renewable energy resources. [Copyright &y& Elsevier]

Abstract: Renewable energy sources and technologies have potential to provide solutions to the longstanding energy problems being faced by the developing countries like India. Solar energy can be an important part of India''s plan not only to add new capacity but also to increase energy security, address environmental concerns, and lead the massive market for renewable energy. Solar thermal electricity (STE) also known as concentrating solar power (CSP) are emerging renewable energy technologies and can be developed as future potential option for electricity generation in India. In this paper, efforts have been made to summarize the availability, current status, strategies, perspectives, promotion policies, major achievements and future potential of solar energy options in India. [Copyright &y& Elsevier]