The recent draft regulations proposed by the Delhi Electricity Regulatory Commission (DERC) outline a comprehensive framework for implementing renewable purchase obligation (RPO) and renewable energy certificate (REC) systems in the National Capital Territory of Delhi. These regulations aim to ensure that obligated entities, including distribution licensees, open-access consumers, and captive users, adhere to specified renewable energy consumption targets. This notification was published on June 7, 2024.
The regulations offer various avenues for meeting RPO, including the generation of renewable energy, procurement through open access, requisition from distribution licensees, consumption from captive power plants, and purchasing of RECs. Additionally, they introduce provisions for purchasing green hydrogen or green ammonia to fulfill RPO requirements.
Moreover, the regulations mandate reporting mechanisms for obligated entities to track and ensure compliance with RPO targets. Distribution licensees, in particular, are tasked with procuring power from renewable sources and submitting detailed reports to regulatory authorities.
By providing a structured framework and diverse options for renewable energy adoption, these regulations pave the way for a sustainable energy future in Delhi.
