Renewable energy policy and electricity market
An ambitious target of 175 GW installed capacity of renewable energy sources by 2022 has been put forth by the Government of India. It is imperative that a sustainable regulatory and commercial framework is put in place to facilitate forecasting, scheduling, imbalance handling and settlement framework of renewables. This will enable electricity market access to renewables at both intra-state and inter-state level. Flexibility of the conventional generation fleet needs to be tapped for balancing the intermittency and variability associated with renewables especially wind and solar generation. This paper presents the existing legal & regulatory framework, challenges and way forward for RE integration in India. Indian citizens have access to electricity and clean cooking has been at the top of the country’s political agenda. The government of India has also made significant progress in reducing the use of traditional biomass in cooking, the chief cause of indoor air pollution that pa