Wednesday, October 7, 2009

India's 1.1 Billion Move to Feed-in Tariffs - Renewable Energy World

India's 1.1 Billion Move to Feed-in Tariffs - Renewable Energy World: "The world's largest single political jurisdiction to date, India, has made a strategic move to use a comprehensive system of feed-in tariffs to develop its renewable energy potential.

China had previously announced feed-in tariffs for wind energy only. The country is expected to reveal feed-in tariffs for solar energy later this year.

India's Central Electricity Regulatory Commission (CERC) in New Delhi announced September 17, 2009 new regulations launching a system of feed-in tariffs for renewable energy, including both wind and solar energy.

India's 1.1 billion people together with China's 1.3 billion and the bulk of Europe's 300 million inhabitants --about one-third of the world's population-- have committed to developing renewable energy with feed-in tariffs.

It was not clear from CERC's press release that the feed-in tariff regulations were in response to the National Action Plan on Climate Change. The action plan calls for five percent of electricity generation in India to be from renewable sources by 2010 and to increase one percent per year for the next ten years. Yet, the move by CERC on feed-in tariffs strengthens India's position in the run up to the climate change negotiations in Copenhagen."

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