The state will add 3,000 MW of power through conventional sources in the next six months, and this will ease TN’s power shortage, said Mr K. Venugopal, member, Tamil Nadu Electricity Regulatory Commission.
Addressing CII’s session on ‘Renewable Energy Purchase Obligation (RPO) and Renewable Energy Certificate (REC)’ here on Tuesday, he said TN’s power consumption was growing at the rate of eight per cent to nine per cent on an average.
“The state proposes a capacity addition of 3,000 MW in the next six months through its thermal power projects in North Chennai, Vallur and Mettur,” he said.
Mr Venugopal, explaining RPO and PEC, said the objective was to make it easy for an investor keen on starting REC mechanism and also for the RPO obligated entities to understand the benefits through this proposal. “REC forms an important tool for development of renewable energy.
It’s a market-based mechanism that will help states meet their regulatory requirements such as RPOs by overcoming geographical constraints in exploring renewable energy potentials in different states,” TNERC member said.
Mr P. Krishnakumar, member, Renewable Energy Panel, CII Tamil Nadu and MD, Orient Green Power, said the National Action Plan for Climate Change envisages 10 per cent energy from RE sources by 2015 and 15 per cent by 2020.
Following announcement of regulations by Central Electricity Regulatory Commission, TN was one of the states to announce the regulations and implement them.