CERC proposes mechanism to procure balancing power from spot markets

The Central Electricity Regulator Commission (CERC) has proposed a mechanism to allow load dispatch centers to buy a power to be used for ancillary services from the spot market through electricity exchanges.

In its latest draft ancillary services regulations, CERC has stated that for tertiary reserve ancillary service, the National Load Dispatch Centre will have to notify power exchanges the quantum of electricity requirement on a day-ahead basis before commencement of the day-ahead-market or the real-time-market The demand for tertiary ancillary services from the spot market is expected to be 1,500-2,000 MW and even 5,000 MW in extreme cases.