As we begin 2025, Renewable Watch examines the key auctions and trends across the solar, wind and hybrid segments, highlighting tariff discoveries and the performance of major central agencies in the past year, to shed light on the evolving renewable energy landscape. Ali Siddiqi tracked a total of 17 solar auctions over the past year (November 2023-December 2024), with an aggregate capacity of 22,375 MW awarded during the period. He also tracked five wind energy auctions and over 25 RTC, FDRE and hybrid auctions covering both state and central agencies during that period. #tariff #solarenergy #windenergy #RTCRenewables #FDRE #hybridauctions #renewableenergy #renewables #auctions #tender #infrastructure #power
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Highlights of the Proposed CERC Tariff Determination Regulations for Renewable Energy (2024-2027) #RenewableEnergy #CERC #TariffRegulation #SustainableEnergy #HybridEnergy #SolarEnergy #WindEnergy #EnergyStorage #GreenEnergy #IndiaRenewables #EnergyPolicy https://lnkd.in/g8YXXwJX
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Last week DECC launched Phase 2 of the SRESS scheme which will be welcomed by communities, farmers, and businesses alike. There has been a support scheme ‘gap’ for small scale 'export only' renewables until now with larger grid scale renewables and smaller domestic renewables availing of other schemes and incentives including RESS and SRESS Phase 1. This scheme proposes tariffs for solar and wind generators between 50kW to 6 MW. The tariffs proposed also align with the government’s goal of having more community engagement within the development of renewable projects, with the REC’s having a slightly higher rate of tariff than the SMEs tariff. The success of this scheme will in part be determined by how accessible the scheme is for participants and how streamlined the approvals process is. It is important that DECC bear this in mind during implementation. Another key aspect however, is ensuring that the Grid Connection process for small scale generation is simplified with shorter lead times. The CRU are to publish a new Electricity Connection Policy soon that will look to address this. In the meantime, ESB Networks have a number of initiatives to allow for increased connections of small scale renewables such as renewable hubs, technical solutions to improve grid capacity and pilot projects to facilitate connection of small scale renewables. These initiatives as well as publication of the CRUs Connection Policy need to move at pace to ensure the continued growth of the sector. We cover this topic and other industry developments this week in our Industry Essentials service which helps keep you up-to-date with the latest news. Find out more about it here: https://lnkd.in/e7YhCHPJ Cornwall Insight Ireland Therese Murphy Department of the Environment, Climate and Communications https://lnkd.in/ebiCVvyV
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Exciting News in Renewable Energy Regulations For April 2024 #RenewableEnergy #EnergyRegulations #Sustainability #CleanEnergy #PolicyUpdate #SolarEnergy #WindEnergy #GridIntegration #EnergyManagement https://lnkd.in/g-ayWRBZ
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Welcome step indeed !. The challenge probably, is in the implementation at federal / state level. State governments must adhere to these judicious policy guidelines and not to add to the cost harming end users. State regulatory authorities have their own rate tarrifs that are commonly under disputes. Hope this law addresses universal application with boundaries drawn to avoid exploitation and misuse by State bodies. Thank you for sharing this valuable inputs Atul Ji. 😊🤝 #energy #renewableenergy #energytarrif #government #sustainability #cooperativefederalism #centerstaterelations #Indianbureaucracy Ministry of New and Renewable Energy (MNRE)E)
APCO | Public affairs | Government Relations | Advocacy | 18+ yrs experience | Ex-FICCI, SGEPC (Government of India), Kia India
Final Renewable Energy Tariff Regulations 2024 Released! A Big Step Towards a Sustainable Future. The Central Electricity Regulatory Commission (CERC) has released the final Renewable Energy Tariff Regulations for 2024, marking a significant milestone in India's journey towards clean and sustainable energy. These regulations, effective July 1, 2024, come after a period of public consultation and stakeholder feedback on the draft version released earlier this year. Why are these regulations important? - Stability and predictability: The control period of July 1, 2024, to March 31, 2027, provides a clear timeframe for investors in renewable energy projects, allowing them to make informed decisions with long-term stability in mind. - Transparent tariff determination: The regulations establish a system for determining generic tariffs annually for various renewable energy projects, including small hydro, biomass, and solar. This ensures transparency and fairness in pricing. - Flexibility for developers: Developers of specific projects like solar PV, wind (on-shore and off-shore), and others can opt for project-specific tariffs. This flexibility allows them to tailor their pricing based on project specifics while adhering to financial and operational norms as guiding principles. - Clear eligibility criteria: Detailed criteria are outlined for various renewable energy projects, making the application process clearer and more streamlined. - Support for small hydro: Recognizing the longer development times for small hydro projects, the regulations increase the normative Return on Equity for these projects by 1%. - Encouraging innovation: Provisions for renewable energy projects with integrated storage solutions pave the way for advancements in energy storage technologies and hybrid energy systems, promoting a more robust and efficient renewable energy sector. Additionally, the regulations address the issue of excess energy generation: - Renewable energy projects may sometimes generate more electricity than anticipated. These regulations allow them to sell this excess energy in the market through bilateral or collective transactions, ensuring optimal utilization of generated power. The Final Renewable Energy Tariff Regulations 2024 represent a significant step forward for India's clean energy future. By providing a stable, transparent, and flexible framework, these regulations are expected to attract further investment, promote innovation, and accelerate the nation's transition to a sustainable energy mix. #renewableenergy #cleanenergy #sustainability #sustainabledevelopment #greenenergy #CERCrenewabletariff #RenewableEnergyTariffRegulations2024 #renewableenergyinvestment #solarpower #windpower #biomassenergy #hydropower #energystorage #cogeneration #projectfinance #energypolicy #india #sustainablefuture #climatechange
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Ireland is powering ahead with its commitment to renewable energy with the launch of the second phase of its Support Scheme for Renewable Heat (SRESS). This phase is tailored towards empowering local communities and small- to medium-sized enterprises (SMEs) to embrace renewable energy projects. Under the scheme, known as Renewable Energy Communities (REC), community-led initiatives and SMEs producing solar or wind power can benefit from a guaranteed feed-in-premium tariff without the need for auction bids. This provides a significant boost for those looking to contribute to Ireland's renewable energy goals. Tariff rates have been carefully structured to incentivize participation, with RECs receiving premiums on their renewable electricity market revenues. Solar projects under 1 MW, for instance, can enjoy a tariff of €150/MWh, while wind projects also benefit from competitive rates. What sets RECs apart is their focus on community involvement, reflecting the government's commitment to fostering local engagement in renewable energy projects. With simpler tariffs and support tailored to overcome barriers like planning and financing, the SRESS is paving the way for a greener, more sustainable future in Ireland. Ireland opens fixed tariff scheme for small-scale solar projects: https://lnkd.in/dgz9SPXC #Renewables #Sustainability #GreenEnergy #SolarPower
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The year 2025 will be defined by a race to overcome constraints and fill a growing gap between supply and demand for clean energy. To find out what key trends industry leaders need to watch out for in the upcoming year, read Deloitte’s 2025 Renewable Energy Industry Outlook. #Renewables #RenewableEnergy #CleanEnergy #2025IndustryOutlook #CarbonManagement #RenewableJobs #DataCenters
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Solar capacity in the U.S. grew by an impressive 88 percent in 2024, according to a recent outlook report on renewable energy by the consulting firm Deloitte. Battery storage also saw double-digit percent capacity growth. For more on the state of renewables and a forecast for 2025, read Deloitte’s full report: https://ow.ly/p3E750UB92W #Renewa #RenewableEnergy #Solar #BattteryStorage
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Turkey is set to resume its renewable energy auctions as part of a strategy to attract investments and expand its clean energy capacity. The Turkish Ministry of Energy and Natural Resources announced that a series of auctions will take place in the coming months. Slated to launch in early 2025, these auctions aim to develop large-scale renewable energy initiatives to meet the country’s growing energy demands while reducing reliance on fossil fuels. #RenewableEnergy #Turkey #CleanEnergy
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The ECIU emphasised that a “combination of renewables, insulating homes so they need less energy to heat them, and switching from gas boilers to heat pumps and from petrol to electric cars can halt the rise of energy import dependence, maintaining or even boosting the UK’s current level of energy self-sufficiency.” #growth #investment #Battery #batteryenergystorage #renewables #RenewableEnergy #SustainableFuture #solarenergy #solarpower #renewables #renewableenergy #investment #cleanenergy #cleanelectricity #greenenergy #greenpower #innovation #greenbusiness #greenfuture #decarbonisation #netzero #change #batterystorage #batterytechnology #electricity #battery #netzero #ClimatePolicy
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Demand growth is a rising tide that lifts all boats, and it especially lifted renewable ones in 2024. Renewables were already buoyed by record public and private investment in, and demand for, clean energy that set the stage for continued growth in 2024.1 Utility-scale solar and wind capacity additions were the largest across all primary generation sources, accounting for close to 90% of all new builds and expansions in the first nine months of 2024. More growth is anticipated in 2025.
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