The Government of the National Capital Territory of Delhi (GNCTD) regards solar power as the most practical kind of green energy in Delhi. It has the potential to reduce the state's energy expenditures, increase its energy security, and reduce the state's dependency on unsustainable fossil fuels. Rapid capacity development in solar power is required to realize this potential. As a result, a Delhi Solar Energy Policy is regarded required for the promotion of solar power facilities.
The following Delhi Solar Energy Policy is valid from 2016 to 2020. It is evaluated on an annual basis based on real performance, market conditions, and consumer experience.
The peak electricity demand in Delhi in 2014 was about 6000 MW, with a total annual consumption of 27,266 million kWh in 2014-15. Because of the increased use of air conditioning, power consumption can vary significantly over a 24-hour period, especially during the summer.
Energy utilities (DISCOMS) generally pay extra to fulfill short-term demand surges, raising the average cost of power. Delhi's daily daytime peak demand curve roughly corresponds to the generation curve of the solar system, which can help to minimize peak demands. Furthermore, rooftop solar energy is mostly consumed at or near the place of generation, decreasing transmission and distribution losses. Self-consumption of rooftop solar energy also minimizes the need for, and difficulty in providing, new distribution equipment, such as transformers, in densely populated areas.
Rooftop solar systems provide sustainable energy, environmental benefits, a short gestation period, low transmission and distribution losses, a reduced demand for distribution infrastructure, and peak load offset, which lowers costs for DISCOMS and, ultimately, customers.
Solar power is also benefiting from improved market conditions. While solar energy tariffs have reduced by 6-8 percent per year on average since 1998, solar panel prices have fallen by 75 percent in the last six years, while conventional energy tariffs have grown by 6.9 percent per year on average since 2007. Solar energy rates in Delhi have become so much cheaper than conventional electricity after years of innovation and dropping prices that subsidies from the State of Delhi are no longer required. However, a generation-based incentive for a limited time appears appropriate to encourage domestic adoption.
The Government of India has set a target of 100 GW (100000 MW) of solar energy output in India by 2022, with rooftops accounting for 40 GW (40000 MW). Delhi is well-positioned to lead India's rooftop solar revolution, and has set solar generating targets of 1GW (1000 MW) by 2020 (4.2 percent of total energy consumption) and 2.0 GW (2000 MW) by 2025. (6.6 percent of energy consumed). To help achieve these goals, GNCTD wants to increase consumer awareness of solar energy, encourage capacity building, and foster healthy competition among solar providers, resulting in widespread use of solar power.
What are the accomplishments in CO2 reduction?
The Delhi Solar Energy Policy of 2016 has 10 broad objectives:
i. Reduce Delhi's dependency on conventional energy while boosting energy security and cutting long-term average energy prices. Accelerate the expansion of rooftop solar power using a combination of generation objectives, laws, mandates, and incentives.
ii. Promote market-based techniques and public-private partnerships to generate demand and adoption, with less reliance on State Government subsidies. Create activities in Delhi to enhance public knowledge about solar energy.
iii. Ensure equity for all players in the solar ecosystem, including roof top owners, DISCOMS, investors, non-solar power users, technology and service suppliers.
iv. Use regulatory mechanisms to drive demand and adoption, such as mandating solar plant deployments on government rooftops, requiring DISCOMs to meet in-state solar RPO targets, modifying building bylaws to facilitate solar plant deployment, specifying responsibilities for solar plant inspection/certification, aggregating demand for solar projects, and more.
v. Simplify and streamline processes and ways to promote net metering/gross metering and grid connectivity for all solar projects.
vi. Create jobs in the solar energy sector by focusing on skill development, particularly for young. Establish core technical competency among experts in the National Capital Territory of Delhi in order to launch and sustain successful management of solar projects and infrastructure.
vii. Provide generation-based incentives for the domestic market, where solar power costs have yet to reach parity for the majority of users, as well as tax breaks and waivers for all consumers.
viii. Foster a robust investment atmosphere that allows for a variety of financial structures, ranging from self-owned (CAPEX) to third-party owned (RESCO). Access to loans at preferential interest rates is also made easier through various programmes that may be launched from time to time, whether through public or private channels.
ix. Create a policy implementation, monitoring, and compliance framework to ensure efficient policy execution and periodic policy review.
x. Develop solar energy as part of an overall strategy to provide all citizens with affordable, reliable, 24/7 power, incorporating demand side management, energy conservation, energy efficiency initiatives, project quality assurance and longevity, distributed renewable energy generation, and smart grid development.
If you want to be the part of BigWit solar rooftop family, you can give us a call on 7082955224 or send us a mail on email@example.com. BigWit Energy is one of the best solar companies in Maharashtra, Chandigarh, Mohali, Punjab, Panchkula and all of North India and we offer EMI plans of upto 3 years for our customers too pan India.
With Bigwit Energy’s zero capital investment plans in rooftop solar plants, you now go solar by simply saying YES without any upfront investment !
Alternatively you can schedule a callback from us at your preferred time over here.