Evolution of Power Exchange. S. C. Saxena National Load Despatch Center Power System Operation Corporation Ltd.
|
|
- Emma O’Connor’
- 5 years ago
- Views:
Transcription
1 Evolution of Power Exchange S. C. Saxena National Load Despatch Center Power System Operation Corporation Ltd.
2 Market Design Four Pillars of Market Design ELECTRICITY MARKET SCHEDULING & DISPATCH CONGESTION MANAGEMENT ANCILLARY SERVICES IMBALANCES Making Competition Work in Electricity, Sally Hunt
3 Evolution of Power Market in India FUTURE Ancillary Market Capacity Market Peaking Power April, 2012: Sub-Hourly Market (15 Min Bidding in PX) 2011: Transmission Pricing (POC) 2010: Power Market, REC 2009: Grant of Connectivity, LTA and MTOA 2009: Trading License 2009: Congestion Management 2009: Imbalance (UI) 2008: Power Exchange 10/5/ : Open Access NLDC - POSOCO 3
4 Products in Different Time Frames Years Long Term 3 Years 3 Months Medium Term < 3 Months Short Term Products in the Short Term Market Bilateral - Advance Bilateral -FCFS PX Day - Ahead Contingency
5 Implementation of Power Exchanges in India - The Milestones July 2006 Staff Paper by CERC February 2007 CERC Guidelines for establishment of Power Exchange August 2007 In principle approval to the first power exchange in the country January 2008 Revised Regulations for Open Access in Inter-state Transmission, Effective 1st April 2008 June 2008 Procedure for Scheduling of Collective Transactions Commencement of operations of first Power Exchange (IEX) October 2008 Second Exchange (PXIL) begins operations 5
6 Regulatory Framework for Market by CERC Indian Electricity Grid Code (IEGC) Short Term Open Access Regulations Bilateral Transactions Collective Transactions Power Market Regulations Scope & Extent OTC Markets Power Exchange Market Other Power Exchange Markets Types of Contracts Delivery based OTC Contracts Delivery based contracts transacted on Exchange REC Contracts Financially settled electricity derivatives contracts transacted in OTC market (future) Capacity, Ancillary, Derivative based contracts (future) NLDC 6
7 Indian Regulator s Approach CERC Guidelines for setting up of a Power Exchange: The general approach of the Commission is to allow operational freedom to the PX within an overall framework. The regulation would be minimal and restricted to requirements essential for preventing derailment/accidents and collusion. Private entrepreneurship would be allowed to play its role. The Commission shall keep away from governance of PX, which would be required to add value and provide quality service to the customers NLDC 7
8 Power Exchange Operations Salient Features Multiple Power Exchanges Competition amongst Exchanges Day-ahead exchange Voluntary participation Double sided bidding Uniform pricing 15 Minute bids Congestion management by market splitting Social Welfare Maximization Accepted Purchase Bids (>= MCP) (Consumers Discount) Purchase Sale PRICE MCP MCV Accepted Sale Bids (<= MCP) (Generators Surplus) 8
9 Transfer Capability Assessment by System Operators
10 Intra-day STOA Day-ahead STOA Collective (PX) STOA First Come First Served STOA Advance Short Term Open Access (STOA) TTC ATC Medium Term Open Access (MTOA) Long Term Open Access (LTOA) Reliability Margin (RM) Available Transfer Capability is RM Total Transfer Capability less Reliability Margin POWERGRID 10
11 Congestion Management: Bid Area Area Region States N1 North JK, HP, CHD, HAR N2 North RAJ,DEL, UP, UTT N3 North PUN W1 West MP W2 West MAH,GUJ, GOA, DD,DNH W3 West CHTG S1 South AP, KAR, GOA S2 South TN, KER, PONDY E1 East WB, SIK, BIH, JHAR E2 East ORISSA A1 North-East TRIP, MEGH, MANI, MIZO A2 North-East AS, AP, NAGA
12 Charges and losses for any transaction Charges settled directly between buyer/seller and PX Energy charges as per schedule PX Charges Charges settled through System Operator Charges for imbalance/deviations Transmission charges For inter-state transmission system POC charges for injection and withdrawal For intra-state system As specified by respective SERC Operating Charges Application Fees Transmission Losses POC losses for inter-state system (additional losses are applicable for use of intra-state system) To be paid in kind 12
13 Trade under STOA (Bilateral + Collective) Energy (BUs) -----> Number of Transactions ----> Volume of trade (BUs) No. of transactions
14
15
16
17 17
18 Information dissemination by the Power Exchanges IEX PXIL
19 Market Monitoring Cell of CERC 19
20
Power Market, Power Trading and Power Exchange
Power Market, Power Trading and Power Exchange National Seminar Challenges & Opportunities in Power Generation, Transmission & Distribution 23-03-12 Power System Operation Corporation Ltd. Eastern Regional
More informationElectricity Market. July 15.
Electricity Market Email: info@iexindia.com July 15 www.iexindia.com In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market Snapshot Participation Volume Price
More informationTrading at Power Exchange - IEX
Trading at Power Exchange - IEX February 2016 Prasanna Rao Market Operations In this presentation Product Portfolio Trading Mechanism & Process Flow- Day-Ahead Market Trading Mechanism-Term-Ahead Market
More informationSharing of ISTS Losses
Procedure for Sharing of ISTS Losses In accordance with Central Electricity Regulatory Commission (Sharing of Inter State Transmission Charges and Losses) Regulations, 2010 July, 2010 ational Load Despatch
More informationGreen Day Ahead Market (Petition no. 187/MP/2016) CERC Hearing I December 1, 2016
Green Day Ahead Market (Petition no. 187/MP/2016) CERC Hearing I December 1, 2016 Brief Introduction IEX since last 8 years has been successfully operating markets in: Day Ahead Market (DAM) [based on
More informationPORTFOLIO OPTIMIZATION FOR OPEN ACCESS CONSUMERS/DISCOMS
PORTFOLIO OPTIMIZATION FOR OPEN ACCESS CONSUMERS/DISCOMS By Dr. PARUL MATHURIA POST DOCTORAL FELLOW DEPARTMENT OF INDUSTRIAL AND MANAGEMENT ENGINEERING INDIAN INSTITUTE OF TECHNOLOGY KANPUR 2017 15-05-2017
More informationKey Considerations for Running Mock. Exercise
Key Considerations for Running Mock Afghanistan Exercise Pakistan Nepal Bhutan Presented by: Yasir Altaf,, Associate director, KPMG India Bangladesh Maldives... Sri Lanka Combined meeting of TF-2 and TF-3,
More informationIndian Power Market: An Overview JULY 2018
Indian Power Market: An Overview JULY 2018 For Public Use 1 In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market snapshot Participation Volume Price Trade
More informationIntroduction to Power Exchanges
For Public Use Introduction to Power Exchanges Presented by: Mr. S.K. Ray on behalf of IEX In this presentation Introduction to Indian Power Markets Power Exchange functioning and Market Snapshot International
More informationProcedure for. Sharing of Inter-State Transmission System Losses. In compliance of
Procedure for Sharing of Inter-State Transmission System Losses In compliance of Central Electricity Regulatory Commission (Sharing of inter-state Transmission Charges and Losses) Regulations, 2010 June,
More informationElectricity Market. August 18
Electricity Market August 18 In this presentation Introduction to Indian Power Market Product Portfolio Trading Mechanism Market snapshot Participation Volume Price Trade @ IEX Capacity (GW) Installed
More informationKey Processes in Power Exchange Presented By: Prasanna Rao Shalabh Shrivastava
Key Processes in Power Exchange Presented By: Prasanna Rao Shalabh Shrivastava www.iexindia.com Day Ahead Market-Collective Transaction Features A closed double-sided anonymous auction for each 15-min
More informationMarch 8, Power Exchange India Limited
INTEGRATION OF GREEN ENERGY Role of Power Markets in Developing Green Energy in India March 8, 2011 Power Exchange India Limited Agenda Renewable Energy Certificate An Introduction Regulatory Aspect of
More informationCross Border Electricity Trade
Cross Border Electricity Trade Afghanistan Pakistan Nepal Bhutan India First meeting of core team on South Asian Regional Power Exchange (SARPEX) Bangladesh 7 th - 9 th February, 2017 New Delhi, India
More informationElectric Power Exchanges: A Review
16th NATIONAL POWER SYSTEMS CONFERENCE, 15th-17th DECEMBER, 2010 115 Electric Power Exchanges: A Review Yogesh K. Bichpuriya Department of Electrical Engineering Indian Institute of Technology Bombay Mumbai,
More information(Collective Transaction) Procedure for Scheduling
Annexure-II Short-Term Open Access in Inter-State Transmission (Collective Transaction) Procedure for Scheduling [As per CERC Open Access Regulations, 2008 (dated 25.01.2008) & subsequent (Amendment) Regulations,
More informationDevelopment of Power Markets and Market Monitoring
Department of Industrial and Management Engineering Indian Institute of Technology Kanpur 3 rd Capacity Building Programme for Officers of Electricity Regulatory Commissions 23 28 August, 2010 Development
More informationREC Market. Business Development March 14
REC Market Business Development Email: info@iexindia.com March 14 In this presentation Renewable Energy in India Introduction to REC Mechanism Market snapshot Voluntary REC Market Trading @ IEX Installed
More informationBRIEF ANALYSIS ON NEW OPEN ACCESS REGULATIONS IN THE STATE OF MAHARASHTRA
BRIEF ANALYSIS ON NEW OPEN ACCESS REGULATIONS IN THE STATE OF MAHARASHTRA ETERNITY LEGAL 1207, Dalamal Tower, Free Press Journal Road, Nariman Point, Mumbai 400021 Tel: +91 22 6747 9001 Email: legalupdates@eternitylegal.com
More informationSARPEX Mock Exercise Day Ahead Market ( DAM) in the South Asian Region
SARPEX Mock Exercise Day Ahead Market ( DAM) in the South Asian Region Afghanistan Pakistan Nepal Bhutan India Presented by: Bangladesh Mr. S.K. Ray, Technical Specialist, SARI/EI, IRADe Mr. Gaurav Jain,
More informationForm IV-A Short -term Inter-State Transactions Of Electricity by Trading Licensees ( RTC* )
Form IV-A Short -term Inter- Transactions Of Electricity by Licensees ( RTC* ) Period of Power Time of Power Start Date End Date Start Time End Time the Seller Purchased from A Inter Tansactions 1 01-May-17
More informationFatih Kölmek Energy Expert & Advisor Energy Market Regulatory Authority of Turkey (EMRA) 27/01/2014 Tbilisi, Georgia
Turkish Power Balancing Market Fatih Kölmek Energy Expert & Advisor Energy Market Regulatory Authority of Turkey (EMRA) 27/01/2014 Tbilisi, Georgia Electricity Market Structure Balancing & Settlement Mechanism
More informationProcedure for Scheduling
Short-Term Open Access in Inter-State Transmission (Collective Transaction) Procedure for Scheduling (As per CERC Open Access Regulations, 2008 (dated 25.01.2008) & subsequent(amendment) Regulations, 2009
More informationFERC Order Minute Settlements Manual Revisions
FERC Order 825 5 Minute Settlements Manual Revisions Ray Fernandez Manager, Market Settlements Development Market Settlements Subcommittee October 30, 2017 Impacted Settlement Manuals M-27 Open Access
More informationDraft MADHYA PRADESH ELECTRICITY REGULATORY COMMISSION
Draft MADHYA PRADESH ELECTRICITY REGULATORY COMMISSION No. / /2017/MPERC.- In exercise of the powers conferred under Section 181of the Electricity Act, 2003 (36 of 2003), and all other powers enabling
More informationCalifornia ISO October 1, 2002 Market Design Elements
California October 1, 2002 Market Design Elements California Board of Governors Meeting April 25, 2002 Presented by Keith Casey Manager of Market Analysis and Mitigation Department of Market Analysis 1
More informationAn Overview of India s Current Power Market Structure PTC India Ltd. Kathmandu, Nepal
An Overview of India s Current Power Market Structure PTC India Ltd. Kathmandu, Nepal August 2008 Overview of Indian Power Situation Indian power sector is the third largest in Asia after China and Japan
More informationBhopal, Dated:
Bhopal, Dated: 08.12.2015 No. /MPERC /2015 - In exercise of powers conferred under sub-section zp of Section 181 of the Electricity Act, 2003 (36 of 2003), and all other powers enabling it in this behalf,
More informationProcedure for Scheduling
Short-Term Open Access in Inter-State Transmission (Bilateral Transaction) Procedure for Scheduling (As per CERC Open Access Regulations, 2008 (dated 25.01.2008) & subsequent (Amendment) Regulations, 2009
More information9. RELATIONSHIP BETWEEN ISO AND PARTICIPATING TOs. Each Participating TO shall enter into a Transmission Control Agreement with the
First Revised Sheet No. 121 ORIGINAL VOLUME NO. I Replacing Original Sheet No. 121 9. RELATIONSHIP BETWEEN ISO AND PARTICIPATING TOs. 9.1 Nature of Relationship. Each Participating TO shall enter into
More informationDynamics of Day-Ahead Trading of Electricity in India
MPRA Munich Personal RePEc Archive Dynamics of Day-Ahead Trading of Electricity in India Kritika Mathur and Pankaj Sinha Faculty of Management Studies, University of Delhi 15. November 214 Online at http://mpra.ub.uni-muenchen.de/59934/
More informationFINANCIAL ANALYSIS A. Introduction
Green Energy Corridor and Grid Strengthening Project (RRP IND 44426) FINANCIAL ANALYSIS A. Introduction 1. The proposed Green Energy Corridor and Grid Strengthening Project funds (i) a portion of India
More informationCENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI. Coram: Shri V. S. Verma, Member Shri M. Deena Dayalan, Member
CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Coram: Shri V. S. Verma, Member Shri M. Deena Dayalan, Member No. L-1/44/2010-CERC Date of Order: 29.6.2013 In the matter of: Determination of Point
More informationCONDUCT OF BUSINESS RULES (CBR) THE DESIGNATED AUTHORITY FOR FACILITATING CROSS BORDER TRANSACTION AND TRADE IN ELECTRICITY
CONDUCT OF BUSINESS RULES (CBR) OF THE DESIGNATED AUTHORITY FOR FACILITATING CROSS BORDER TRANSACTION AND TRADE IN ELECTRICITY Central Electricity Authority Ministry of Power Government of India April
More informationStandard Market Design
Standard Market Design Dynegy s Perspective Characteristics of the Standard Market Design - SMD RTO provides all transmission service and takes on many if not all control area functions. RTO operates an
More informationElectricity Markets. Prof. Dr. G. Erdmann Fachgebiet Energiesysteme / TU Berlin Einsteinufer 25 / TA 8 (Room TA 033) D Berlin
1 Energy Economics: Electricity Markets Prof. Dr. G. Erdmann Fachgebiet Energiesysteme / TU Berlin Einsteinufer 25 / TA 8 (Room TA 033) D-10587 Berlin georg.erdmann@tu-berlin.de Internet: http://www.ensys.tu-berlin.de
More informationTrading of ESCerts on IEX
Trading of ESCerts on IEX Akhilesh Awasthy Director (Market Operations) Workshop by BEE on ESCerts Trading and PATNet Portal 16 th Dec 2015, IIC New Delhi Company Snapshot 96% Market Share ~80,000MWh average
More information5 Minute Settlements. Ray Fernandez Manager, Market Settlements Development Market Settlements Subcommittee November 10,
5 Minute Settlements Ray Fernandez Manager, Market Settlements Development Market Settlements Subcommittee November 10, 2016 5 minute Real-Time Net Interchange On a 5 minute basis, an imbalance is inherently
More information1.1 These regulations shall extend to whole of the State of Punjab.
THE PUNJAB STATE ELECTRICITY REGULATORY COMMISSION NOTIFICATION The, 2018 No.PSERC/Secy/Regu. - In exercise of the powers conferred under Section 181of the Electricity Act, 2003 (36 of 2003), and all other
More informationOrder Minute Settlements
Order 825 5 Minute Settlements Ray Fernandez Manager, Market Settlements Development Market Implementation Committee December 14, 2016 PJM Open Access Transmission Tariff 2 Tariff Changes PJM conducting
More informationTransmission Congestion Contracts (TCCs) Provide Transmission Price Certainty
Transmission Congestion Contracts (TCCs) Provide Transmission Price Certainty Arthur L. Desell Manager Resource Reliability New York Power Pool 1999 PICA Conference Santa Clara May 20, 1999 Locational
More informationISO Tariff Original Sheet No. 637 ISO TARIFF APPENDIX L. Rate Schedules
Original Sheet No. 637 ISO TARIFF APPENDIX L Rate Schedules Original Sheet No. 638 Schedule 1 Grid Management Charge The Grid Management Charge (ISO Tariff Section 8.0) is a formula rate designed to recover
More information(Blackline) VOLUME NO. III Page No. 878 SCHEDULING PROTOCOL
VOLUME NO. III Page No. 878 SCHEDULING PROTOCOL VOLUME NO. III Page No. 879 SCHEDULING PROTOCOL Table of Contents SP 1 SP 1.1 OBJECTIVES, DEFINITIONS AND SCOPE Objectives SP 1.2 Definitions SP 1.2.1 Master
More informationGUIDELINES FOR ELECTRONIC TRANSMISSION OF ACCOUNTING DATA UNDER THE CPPC SYSTEM BY AUTHORIZED BANKS. [e-scroll]
GUIDELINES FOR ELECTRONIC TRANSMISSION OF ACCOUNTING DATA UNDER THE CPPC SYSTEM BY AUTHORIZED BANKS [e-scroll] [Version 2.5] Date of Release: 18/09/2010 Central Pension Accounting Office Ministry of Finance
More informationPower Procurement Strategy
Power Procurement Strategy 01.03.16 IIT-Kanpur For Public Use POWER SECTOR OVERVIEW Source: Executive Summary of October 2015, CEA *including renewable generation Installed Capacity (All) Category Installed
More informationInclusive Development in Bihar: The Role of Fiscal Policy. M. Govinda Rao
Inclusive Development in Bihar: The Role of Fiscal Policy M. Govinda Rao Introduction Fiscal policy is a means to achieving inclusive growth. Despite impressive growth performance, uneven regional spread.
More informationTELANGANA STATE POWER COORDINATION COMMITTEE Request for Proposal (RfP) NOTICE No. TSPCC (Commercial)/02/15-16
1 TELANGANA STATE POWER COORDINATION COMMITTEE Request for Proposal (RfP) NOTICE No. TSPCC (Commercial)/02/15-16 TSPCC on behalf of TSDISCOMs (TSSPDCL & TSNPDCL) intends to purchase 2000 MW power for the
More informationSOUTHERN REGIONAL POWER COMMITTEE BANGALORE MINUTES OF THE 22 ND MEETING OF COMMERCIAL SUB-COMMITTEE OF SRPC HELD AT BANGALORE ON
SOUTHERN REGIONAL POWER COMMITTEE BANGALORE MINUTES OF THE 22 ND MEETING OF COMMERCIAL SUB-COMMITTEE OF SRPC HELD AT BANGALORE ON 31.07.2013 1. INTRODUCTION 1.1 The 22 nd Meeting of the Commercial Sub-
More informationGUJARAT ELECTRICITY REGULATORY COMMISSION. Notification No. 13 of 2005
GUJARAT ELECTRICITY REGULATORY COMMISSION OPEN ACCESS REGULATION Notification No. 13 of 2005 In exercise of the powers conferred on it by Section 181 read with Sections 39(2)(d), 40(c), 42 (2)(3)(4), 86(1)(c)
More informationMemorandum. This memorandum does not require Board action. EXECUTIVE SUMMARY
California Independent System Operator Corporation Memorandum To: ISO Board of Governors From: Eric Hildebrandt, Executive Director, Market Monitoring Date: November 7, 2018 Re: Department of Market Monitoring
More informationCIN No. U40105DL2009GOI प वर स टम ऑपर शन क रप र शन ल मट ड (प वर ड क रप र शन ऑफ इ डय ल मट ड क एक प ण व म व व ल सह यक क पन ) POWER SYSTEM OPERATIO
CIN No. U40105DL2009GOI188682 प वर स टम ऑपर शन क रप र शन ल मट ड (प वर ड क रप र शन ऑफ इ डय ल मट ड क एक प ण व म व व ल सह यक क पन ) POWER SYSTEM OPERATION CORPORATION LIMITED (A wholly owned subsidiary of
More informationRole of Derivatives in Indian Power Market. Akhilesh Awasthy Director (Market Operations)
Role of Derivatives in Indian Power Market Akhilesh Awasthy Director (Market Operations) In this presentation Fundamentals of Markets Electricity Market Indian Electricity Market Derivative Market i. Markets
More informationUttar Pradesh Electricity Regulatory Commission
Uttar Pradesh Electricity Regulatory Commission In exercise of the powers conferred under Section 181 of the Electricity Act, 2003 and all powers enabling it in this behalf, the Uttar Pradesh Electricity
More informationCOMMENTS OF NV ENERGY LOCAL MARKET POWER MITIGATION ENHANCEMENTS DRAFT FINAL PROPOSAL DATED JANUARY 31, 2019 CAISO STAKEHOLDER PROCESS
COMMENTS OF NV ENERGY LOCAL MARKET POWER MITIGATION ENHANCEMENTS DRAFT FINAL PROPOSAL DATED JANUARY 31, 2019 CAISO STAKEHOLDER PROCESS February 8 th, 2019 NV Energy appreciates the opportunity to comment
More informationBaltic Harmonised Imbalance Settlement Model Document
Baltic Harmonised Imbalance Settlement Model Document Elering AS July 12, 2017 AS Augstsprieguma tīkls Litgrid AB 1. Update on the Baltic harmonised imbalance settlement model... 3 2. Description of Baltic
More informationForm IV-A Short-term Inter-State Transactions of Electricity by Trading Licensees ( RTC*)
Form IV- Short-term Inter- Transactions of Electricity by Trading Licensees ( RTC*) Trading Licensee: Tata Power Trading Co. Ltd. Month: ugust 06 Period of Power Delivery Start date End date Time of Power
More informationMRTU. CRR Settlements. CRR Educational Class #10
MRTU CRR Settlements CRR Educational Class #10 Contents Why is CRR Settlements process important to understand Definition of LMP and CRR Types of CRRs: Obligation vs Option Point to Point and Multi Point
More informationCase No. 56 of In the matter of
Before the MAHARASHTRA ELECTRICITY REGULATORY COMMISSION World Trade Centre, Centre No.1, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel. 22163964/ 65/ 69 Fax 22163976 Email: mercindia@merc.gov.in Website:
More informationREC Genesis: Separating green attribute from electricity
Renewable Power Purchase Obligation and REC Trading in India Devesh Singh Regional Head (SR) Email: devesh.singh@iexindia.com Oct 14 Schemes to promote RE in the country Mid 1990s Focused on capacity addition
More informationAnalysis of State Budgets :
Analysis of State Budgets 2017-18: Emerging Issues policy brief on state finances 2017 Pinaki Chakraborty Manish Gupta Lekha Chakraborty Amandeep Kaur 1 Introduction While the Union Government finances
More informationASSESSMENT OF TRANSMISSION CONGESTION IMPACTS ON ELECTRICITY MARKETS
ASSESSMENT OF TRANSMISSION CONGESTION IMPACTS ON ELECTRICITY MARKETS presentation by George Gross Department of Electrical and Computer Engineering University of Illinois at Urbana-Champaign University
More informationMaharashtra Electricity Regulatory Commission (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations, 2018
MAHARASHTRA ELECTRICITY REGULATORY COMMISSION World Trade Centre, Centre No.1, 13th Floor, Cuffe Parade, Mumbai 400 005 Tel. 022 22163964/65/69 Fax 22163976 Email: mercindia@merc.gov.in Website: www.mercindia.org.in;
More informationNo. 14/1/2016-Trans Government of India Ministry of Power. Office Memorandum
No. 14/1/2016-Trans Government of India Ministry of Power Shram Shakti Bhawan, Rafi Marg, New Delhi, dated s" December, 2016 Office Memorandum Subject: Guidelines on Cross Border Trade of Electricity At
More informationCongestion revenue rights auction efficiency Track 1B straw proposal stakeholder meeting April 23, 2018
Congestion revenue rights auction efficiency Track 1B straw proposal stakeholder meeting April 23, 2018 Perry Servedio Sr. Market Design Policy Developer CAISO policy initiative stakeholder process POLICY
More informationSouth Asian Regional Power Exchange- Mock Exercise (SARPEX)
South Asian Regional Power Exchange- Mock Exercise (SARPEX) Afghanistan Pakistan Nepal Bhutan India Bangladesh S. K. Ray, Technical Specialist, IRADe, SARI/EI & Gaurav Jain, Senior Research Analyst, SARI/EI,
More informationFive-Minute Settlements Education
Five-Minute Settlements Education Disclaimer PJM has made all efforts possible to accurately document all information in this presentation. The information seen here does not supersede the PJM Operating
More informationRenewable Energy Certificates: Inches Away From Implementation
Renewable Energy Certificates: Inches Away From Implementation September saw a flurry of legislative activity, including the First Amendment of the Terms & Conditions for REC Recognition and Issuance by
More informationRole of Policies, Regulations and Laws to Promote Investment in the South Asian Power Sector Bhutan
Role of Policies, Regulations and Laws to Promote Investment in the South Asian Power Sector Bhutan South Asia Investor Workshop on Cross-Border Electricity Trade September 24-25, 2014 Delhi, India Overview
More informationThe market setup in the Baltics explanation with examples
The market setup in the Baltics explanation with examples Table of Contents The market setup in the Nordic-... 3 Baltic exchange area... 3 Daily routines at Nord Pool... 4 Price calculation principles...
More informationDependence of States on Central Transfers: State-wise Analysis
Dependence of States on Central : State-wise Analysis C. Bhujanga Rao and D. K. Srivastava Working Paper No. 2014-137 May 2014 National Institute of Public Finance and Policy New Delhi http://www.nipfp.org.in
More informationEUPHEMIA: Description and functioning. Date: July 2016
EUPHEMIA: Description and functioning Date: July 2016 PCR users and members Markets using PCR: MRC Markets using PCR: 4MMC Markets PCR members Independent users of PCR Markets associate members of PCR
More information20 years operation of the Nordic electricity market
ENERGY 20 years operation of the Nordic electricity market ADB Regional Energy Trade Workshop September 8-9, 2014 Manila Dr. Per Christer Lund 1 SAFER, SMARTER, GREENER Electricity market world wide 2
More informationPOWER GRID CORPORATION OF INDIA LIMITED
POWER GRID CORPORATION OF INDIA LIMITED Analysts Meet October 24, 2013 Mumbai Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be
More informationStandard Market Design: FERC Process and Issues
Standard Market Design: FERC Process and Issues Richard O Neill and Udi Helman Division of the Chief Economic Advisor, Office of Markets, Tariffs and Rates Federal Energy Regulatory Commission IEEE PES
More informationMending Power Sector Finances PPP as the Way Forward. Energy Market Forum
Mending Power Sector Finances PPP as the Way Forward Energy Market Forum AF Mercados EMI 11 th February 2011 Structure of the Presentation Current Status of Power Sector Generation Transmission Distribution
More informationThis memo provides highlights of market performance in October and November.
California Independent System Operator Corporation Memorandum To: ISO Board of Governors From: Eric Hildebrandt, Executive Director, Market Monitoring Date: December 5, 2018 Re: Department of Market Monitoring
More informationBhopal: Dated 5 th May 2006
Bhopal: Dated 5 th May 2006 No. 1192/MPERC/2006. In exercise of the powers conferred by section 181 (g) read with section 32(3) of the Electricity Act, 2003 enacted by the parliament, the Madhya Pradesh
More information15.4 Rate Schedule 4 - Payments for Supplying Operating Reserves
15.4 Rate Schedule 4 - Payments for Supplying Operating Reserves This Rate Schedule applies to payments to Suppliers that provide Operating Reserves to the ISO. Transmission Customers will purchase Operating
More informationComments of Pacific Gas & Electric Company Energy Imbalance Market Draft Tariff Language
Comments of Pacific Gas & Electric Company Energy Imbalance Market Draft Tariff Language Submitted by Company Date Submitted Will Dong Paul Gribik (415) 973-9267 (415) 973-6274 PG&E December 5, 2013 Pacific
More informationElectricity Trading, Clearing and Settlement
Electricity Trading, Clearing and Settlement And Georgian Central Securities Depository George Paresishvili Chief Executive Officer Georgian Stock Exchange November 2015 1 Need for transition to hourly
More informationCurrent State of Intraday Markets in Europe May 2007
Current State of Intraday Markets in Europe May 2007 ETSO Report: Current State of Intraday Markets in Europe Page 1 of 18 Contents 1. Introduction... 3 1.1 Objective and scope of this report... 3 2. Intraday
More informationDesign of the National Electricity Market. Fundamentals of the Australian Competitive Electricity Industry August 2005 CEEM, 2005
Design of the National Electricity Market Fundamentals of the Australian Competitive Electricity Industry 17-19 August 2005 CEEM, 2005 Electricity market models Gross pool (eg NEM): Temporal & location
More informationCENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI NOTIFICATION (DRAFT)
CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI New Delhi, the 20 th of June 2013 NOTIFICATION (DRAFT) No.L-1/132/2013/CERC.- In exercise of the powers conferred under Section 178 of the Electricity
More informationPerspective on Financing Wind Energy Projects. June 16, 2016
Perspective on Financing Wind Energy Projects June 16, 2016 Agenda 2 1 Risk Matrix 3 Context Setting Way Forward KEY SEGMENTS IN THIS PRESENTATION 3 Indian Energy Sector Landscape Bank Lending Sector wise
More informationLong Term FTR Market Education
Long Term FTR Market Education February 7, 2018 Jointly developed and supported by Exelon, DC Energy, and Vitol Agenda Forward Markets Commercial Usage of Long Term FTRs Indications of a Healthy Long Term
More informationRajasthan Electricity Regulatory Commission
Rajasthan Electricity Regulatory Commission Vidyut Viniyamak Bhawan, Near State Motor Garage, Sahkar Marg, JAIPUR -302001 Phone: EPBX 0141-2741299, Fax: 0141-2741018 Website: www.rerc.rajasthan.gov.in
More informationGUJARAT ELECTRICITY REGULATORY COMMISSION No. ---/---/---/GERC Dated: 13/01/2017. NOTIFICATION No. of 2017
GUJARAT ELECTRICITY REGULATORY COMMISSION -------- No. ---/---/---/GERC Dated: 13/01/2017 NOTIFICATION No. of 2017 In exercise of the powers conferred under Section 181 of the Electricity Act, 2003 (36
More informationSARPEX Mock Exercise Results for selected 71 days
SARPEX Mock Exercise Results for selected 71 days Afghanistan Pakistan Nepal Bhutan India Bangladesh Presented By: Puneet Chitkara Executive Director, KPMG Maldives... Sri Lanka Combined meeting of TF-2
More informationReal Time Scheduling. Reserve Settlements
Real Time Scheduling Reserve Settlements General Settlement Rules There will be a full two settlement. Reserve services will be scheduled and settled nominally on a 5-min. basis. Units are not required
More informationBusiness Practice Manual For The Energy Imbalance Market. Version 78
Business Practice Manual For The Energy Imbalance Market Version 78 Revision Date: March 31May 31, 2017 Approval History Approval Date: October 2, 2014 Effective Date: October 2, 2014 BPM Owners: Mike
More informationBusiness Practice Manual For The Energy Imbalance Market. Version 89
Business Practice Manual For The Energy Imbalance Market Version 89 Revision Date: Jan 02, 2018May 31, 2017 Approval History Approval Date: October 2, 2014 Effective Date: October 2, 2014 BPM Owners: Mike
More informationIntraday Implicit Cross- Border allocation on BE-FR border. Description of the allocation mechanism
Intraday Implicit Cross- Border allocation on BE-FR border Description of the allocation mechanism Version Date 11 July 2016 Contents 1 Introduction...3 2 General Context and rationale of the project...3
More informationUSAID/SARI/EI Task Force-3 meeting. Bhutan s experience in Power Trading
USAID/SARI/EI Task Force-3 meeting Bhutan s experience in Power Trading 29 th -30 th April, 2014, Mumbai Dasho Yeshi Wangdi Director General Department of Hydropower and Power Systems, BHUTAN Presentation
More informationTerms, Conditions and Methodologies on Cross-Zonal Capacity Calculation, Provision and Allocation within the Baltic States and with the 3 rd Countries
Terms, Conditions and Methodologies on Cross-Zonal Capacity Calculation, Provision and Allocation within the Baltic States and with the 3 rd Countries Among: AS Augstsprieguma tīkls Elering AS LITGRID
More information29 June 2016 Disclaimer This explanatory document is submitted by all TSOs to all NRAs for information and clarification purposes only accompanying the All TSOs proposal for methodology for congestion
More informationCID Methodology Explanatory note
29 June 2016 Disclaimer This explanatory document is submitted by all TSOs to all NRAs for information and clarification purposes only accompanying the All TSOs proposal for methodology for congestion
More informationIntraday Implicit CrossBorder allocation on BE-NL. and borders (Interim Implicit Cross Border Intraday BE-NL. Description of the allocation mechanism
Intraday Implicit CrossBorder allocation on BE-NL and borders (Interim Implicit Cross Border Intraday BE-NL Description of the allocation mechanism version 2.0) Description of the allocation mechanism
More informationCalifornia Independent System Operator Corporation Fifth Replacement Electronic Tariff
Table of Contents Locational Marginal Price... 2 A. LMP Composition in the Day-Ahead Market... 2 B. LMP Composition in the Real-Time Market... 2 C. The System Marginal Energy Cost Component of LMP (Day-Ahead
More information1.1. Trading on the MIBEL: energy, economic volume and types of technology Purchases on the MIBEL of the energy traded on the Daily
Index Market Report 2015 2 1 Evolution of the electricity market in Spain and on the MIBEL... 6 1.1. Trading on the MIBEL: energy, economic volume and types of technology 1.1.1. Purchases on the MIBEL
More informationWorkshop on Regional Electricity Trade and Market Development
Workshop on Regional Electricity Trade and Market Development Cross-border Electricity Trade and Tariffs April 23, 2014 Cross-border Electricity Trade (CBT) Flows within which part of the transmission
More information