In August 2015, the CERC came up with the Framework on Forecasting, Scheduling and Imbalance Handling for Wind and Solar Generators Connected to ISTS as a substitute to previous RRF Mechanism. The IEGC and DSM regulations were suitably amended to incorporate this framework. The CERC’s (Central Electricity Regulatory Commission) ‘Framework on Forecasting, Scheduling and Imbalance Handling for Wind and Solar Generators Connected to ISTS’ has been in place since August 2015. Thereafter in March 2017, CERC approved detailed procedure to implement the framework which was drafted by Power System Operation Corporation Limited (POSOCO). The procedure details out the various data requirements and formats as well as the roles and responsibilities of the various stakeholders involved. It also includes wind/solar parks connected at the Interstate level in its scope.
After the FoR (Forum of Regulators) released the ‘Model Regulations on Forecasting, Scheduling and Deviation Settlement of Wind and Solar Generators at the State Level’ (referred to as the FoR model regulations) in November 2015, various states like Karnataka, Madhya Pradesh, Jharkhand, Chhattisgarh, Andhra Pradesh, Telangana, Maharashtra, Gujarat, Punjab, Haryana, Rajasthan, Uttar Pradesh and Tamil Nadu has come out with their final ‘Forecasting, Scheduling and Deviation Settlement Mechanism for Wind & Solar Generators’ regulations where the presence of ‘Qualified Coordinating Agency (QCA)’ has been made to undertake all technical and commercial aspects under the scope of the regulation. QCA means the agency coordinating on behalf of Wind/Solar Generators connected to a pooling station.
Energy Comparison & Commercial settlement (as per respective SERC Deviation Settlement Mechanism as applicable)