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The most pertinent issues that has to be addressed in the Renewable Energy (RE) Policy are as follows:
- Ensuring sustainability when selecting (RE) sources and technologies.
- Feed in Tariff (FIT) that compensates the cost of project and varies according to technology utilized.
- As Small Renewable Energy Programme (SREP) is limited to 10MW, the FIT should be structured to include projects of more than 10MW.
- Encourage Power Purchase Agreements (PPAs) that are favourable to the development of large scale RE projects.
- Incentivise large Investors in People (IIPs) to take up RE projects, as part of their PPAs.
- Consider Smart Grid Technology that intelligently regulates the power generation dispatch, in view of a more complex generation network when more small RE plants come online.
- Encourage energy efficiency, both in demand and supply side.
- Encourage utilization of latest technologies by providing attractive incentives.
- Encourage investments in research and development of new technologies by providing attractive incentives.
- Regulate supply of biomass fuel.
- Explore and promote waste to energy technologies.
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