REGULATORY AFFAIRS
CERC Issues Regulations Achieve Clean Energy Target Sound Grid Operations
NEW DELHI. Feb 22,2016, The Central Electricity Regulatory Commission (CERC) has taken a number of initiatives which are aimed to enable reliable and secure operations of large interconnected grid operations.
The CERC has notified regulations with regard to Deviation Settlement Mechanism (DSM) and Grid Code and Ancillary Services Regulations to support variable generation.
An official from the power ministry, who was present at the Make in India Week conference last week, told Business Standard, “CERC has been instrumental in the creation of an enabling market environment through notifying regulations also on open access, inter-state transmission and point of connection tariff. These regulatory interventions will facilitate secure and reliable grid management and effective power market development. CERC also came up with a suo-motu order, charting out the roadmap for operationalization of reserve capacity.
Moreover, the CERC also released the Framework on Forecasting, Scheduling and Imbalance Handling for Variable Renewable Energy Sources (Wind and Solar). The Forum of Regulators (FOR), which is a representative body of central and state electricity regulatory commissions, will prepare model regulations for states on Forecasting, Scheduling and Deviation Settlement for Solar & Wind Generation.
Read Also : Axis Bank shares Q4 results, reports net profit of Rs7129 crore
News Must Read
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024