Renewable Purchase Obligation

Renewable Purchase Obligation (RPO) is a regulatory requirement that mandates electricity suppliers to source a certain percentage of their power from renewable energy sources like solar or wind. This ensures the promotion of clean, sustainable energy and reduces reliance on fossil fuels. Suppliers who fail to meet their RPOs may face penalties or fines. Essentially, RPO encourages the growth of renewable energy by making it a mandatory part of the energy supply mix, helping to protect the environment and promote sustainable development.