Meghalaya Proposes New RPO Targets
Meghalaya State Electricity Regulatory Commission (MSERC) in a notification dated 03rd December 2014 has proposed draft for RPO Regulation 2014. The regulation will be known as MSERC Renewable Purchase Obligation & its Compliance Regulations, 2014. The regulation will come in force from the date of notification in the official gazette and will remain operative till revised.
The RPO targets proposed are given in the table below:
Previously the commission in 2010 defined targets till 2013, which was only 1% of the total energy consumption.
The new targets are comparatively low, considering that the huge inventory of RECs awaits demand from states which have low Renewable potential. But since Meghalaya being a small state with low energy demand, having even a high RPO target will anyways not have a big impact on demand of RECs, whereas raising the target from 1% to even 5% might have a significant impact on retail tariffs which are relatively on the lower side.
The commission has invited the comments and suggestions from the interested stakeholders by 2nd of January 2015 (I.e. 30 days from the notification of draft).
The draft order can be accessed here.
Our blog on Meghalaya Net Metering Regulation can be rad here.