MNRE’s new policy framework recognises distributed renewable energy as solution for uplifting rural economy

What is the News?

The Ministry of New and Renewable Energy (MNRE) released a draft policy framework for Distributed Renewable Energy(DRE).

What is Distributed Renewable Energy(DRE)?

Distributed Renewable Energy(DRE) is the term used when electricity is generated from renewable energy sources near the point of use instead of centralized generation sources from power plants. 

What are the problems faced by Distributed Renewable Energy(DRE) in India?

Lack of proper financing channels, consumer awareness, consumer affordability and quality products/standards are some of the major challenges facing DRE in India.

What does the policy framework say on Distributed Renewable Energy(DRE)?

The main objectives outlined in the framework are:

– Increasing the adoption of DRE-based livelihood solutions by enabling easy finance for the end-user

– Developing effective DRE livelihood applications through innovation as well as research and development

– Forming a committee to monitor the progress of DRE projects, which will meet at least once every six months.

– Make available a digital catalogue of DRE-powered solutions to be used by various stakeholders to raise awareness. 

Source: This post is based on the article “MNRE’s new policy framework recognises distributed renewable energy as solution for uplifting rural economy’’ published in Down To Earth on 21st February 2022.