CERC (Ancillary Services) Regulations, 2022

Feb 14, 2022 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Central Electricity Regulatory Commission (CERC) on January 31, 2022 has issued Central Electricity Regulatory Commission (Ancillary Services) Regulations, 2022. This has come into force from January 31, 2022.

The following has been stated namely: -

• Eligibility for an SRAS Provider - A generating station or an entity having energy storage resource or an entity capable of providing demand response, on standalone or aggregated basis, connected to inter-State transmission system or intra-State transmission system, shall be eligible to provide Secondary Reserve Ancillary Service, as an SRAS Provider.

• Selection of SRAS Providers and Despatch of SRAS - SRAS Provider shall be selected on regional basis by the Nodal Agency for providing SRAS-Up or SRAS-Down based on the Custom Participation Factor.

• Price Discovery of TRAS - The price discovery for TRAS-Up shall be based on the principle of Uniform Market Clearing Price, subject to market splitting in case of congestion.

• Accounting and Settlement of SRAS and TRAS - Accounting of SRAS shall be done by the Regional Power Committee on a weekly basis, based on SCADA data.

 

[Notification No. RA-14026(11)/3/2019-CERC]


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