Introduction
Introduction
In today’s world most of the developing countries are already swamped with power crisis due to
inadequacy of generation as well as energy storage facilities to meet the demand. Therefore there is
a pressing need to implement mechanisms to manage the growing demand and improve the
efficiency while reducing the energy losses, accelerating the development of low-carbon energy
technologies such as renewable power generation, in order to address the global challenges of
energy security, climate change and economic growth. In this context, the on-site power sources
known as distributed renewable generation is becoming increasingly competitive with centralized
power sources on a financial basis due to technological innovations, reduced capital costs, reduced
maintenance requirements, access to inexpensive energy resources, and other benefits.
One promising means of distributed renewable generation of electricity closer to the end user is
introducing net metering schemes which encourage customers to generate their own electricity
through renewable sources of power such as solar, hydro or biomass in their own premises. Net
metering programs can make self-generation more attractive for customers by eliminating the need
to size systems to meet customers’ exact power needs or install on-site storage and power
conditioning devices. The deployment of distributed renewables through net metering also offers
several environmental, economic and social benefits that are described in this report.
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