Many individuals and industry professionals had enquired me about the penalties for non-compliance for RPO (renewable purchase obligations).
Of course, implementing obligation compliance is a difficult thing indeed. In countries such as India, which are considered “soft states” when it comes to implementing any policies against anyone, leave alone against large and influential “discoms”, the nature and implementability of the penalties for non-compliance of the obligations are key aspects to be considered.
Remember, the growth of renewable energy sectors, especially solar, is to a significant extent dependent on how these RPOs are implemented.
What are your thoughts on this aspect? I would like to know from the visitors to and members of EAI web site.
Oh well, I also found some links that could be of interest to you while on this topic
Our specialty focus areas include
From Bridge to India
From ICRA
From MNRE web site
From RE Connect
On the one hand RPOs are not being met, and no penalties are being imposed. On the other hand, there isn’t enough Renewable Energy being generated to satisfy the RPOs (or so it is claimed), either directly or as RECs. It is a bit of a chicken and egg story of which needs to come first for the other to take of. I think the certainty of penalties, rather than than the severity of penalties, would be what should be worked on and then scaled up to make this more effective.