What is interesting to observe is that despite the low generation, the overall installed capacity has increased in the past year.
The reason for the decline in RE generation is wavering weather conditions affecting the wind speeds & curtailment seen in the past months in the southern states of the country. States like Andhra Pradesh, Karnataka & Tamil Nadu have a higher share of installed capacity compared to the rest of the country. The states generally realign their purchases during such low demand periods during monsoons, leading to underutilization of thermal power as well.?
But the impact on renewable energy plants is more due to inadequate integration power coming from renewable energy plants.
Another reason for this sharp fall is the reduced offtake of power by certain states pertaining to the losses incurred by the state discoms, due to which the discoms can’t break even. Issues like power curtailment and no power offtake are also harming the investment sentiment in the market.
Going forward, the country and states individually need to come up with better policy implementation in order to achieve 175 GW target set under the National mission by 2022 to curb climate change, improve electricty sector at a greater level and introduce renewable energy into the grid while maintaining the grid stability in the future. Currently the payment delay, tariff re-negotiations have affected the credit ratings, increased the finances and limited returns overall reducing the competitiveness of the renewable energy sector which was once thriving.? ]]>
The key points of the regulations are as below:
- Deviation accounting:
Absolute Error in % = Actual Generation – Scheduled Generation /Available Capacity (AvC)
- Eligibility criteria: The regulations will apply to all wind and solar generators having a combined installed capacity above 1 MW connected to the state grid/substation, including those connected via pooling stations, and selling generated power within or outside the state or consuming power generated for self-consumption.
- Forecasting and scheduling code: Revision of schedule will be allowed if the revision is more than 2% of the previous schedule. For wind energy-based generations, maximum 16 intra-day and for a solar energy-based generation, a maximum of 9 intra-day revisions will be allowed.
- Aggregation is not allowed of more than one pooling stations or individual generating station connected to a substation.
- QCA or the wind and solar generator can submit “Day-ahead” and a “week-ahead” schedule ?by 9 am every day for each pooling station or each generating station, wherein the Day-ahead schedule can contain wind or solar energy generation schedule at intervals of 15 mins (time-blocks)for the next day, starting from 00:00 hours of the day, and prepared for all 96 time-blocks and Week-Ahead schedule shall contain the same information for the next seven days.
- The revisions of schedules for solar generators will be effective form 4th time block and there can be maximum of 9 revisions during the day starting from 5:30 hours to 19:00 hours of that day.
- The revisions for a wind generating plants will be applicable for the entire 24 hours in a day.
- The QCA will provide payment security to the extent of 110% against the deviation charges in form of Bank Guarantee. The payment security amount for the first year will be worked out considering average deviations observed during the mock trial dor different set of sites:
- Wind generating plant of approximately 50 MW capacity at pooling sub-station.
- Solar generating plant of approximately 25 MW capacity at pooling sub-station.
The table for the deviation charges and deviation limits is given below:
Deviation charges for wind operators
Deviation charges for solar generators
Dear Reader,
We are pleased to present Open Access Vol 42 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space.
?Key points covered in this newsletter are:
?1) Analysis of Karnataka’s solar policy
?2) Regulatory updates including important changes in RPO regualtions in Rajasthan, Order of JERC for enforecemnt of RPO including ? ?imposition of penalty, and other regulatory updates
?3) Analysis of the most recent trading session of RECs and capacities in the REC mechanism
?Past newsletters can be accessd here –?http://www.reconnectenergy.
For latest news and updates, please visit our blog at – http://www.slotln.online/blog/
?As always, we will love to hear your feedback on the newsletter.
– Team REConnect
]]>A glimpse of tariff for new RE projects can be had in the following table –
The draft order is available here.