PRESENTATION

ON
Real Time Market (RTM)
DSM
WBES

May - 2020
 Real-Time Electricity Market (RTM)
 CERC issued Regulations on Framework for Real Time Electricity Markets (RTM)

 RTM to be implemented from 1st June 2020

 Key Features of RTM:

 Half hourly market with uniform pricing;

 Buyers / Sellers have option to submit buy/sell bids for each fifteen minute time block

 Right to Recall – After pre-decided time block, entities does not have right to revise the schedule
(upward/downward)

 In case of forced outage only, generator is allowed to buy power for buyer in RTM to meet its obligation

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 Real-Time Electricity Market (RTM)
 Who are eligible to participate in RTM

 IPPs

 Discom / State Utilities

 ISGS / CGS / SGS generators under Section 62

 ISGS / IPP generators under Section 63

 OA consumers

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 Real-Time Electricity Market (RTM)
 ISGS whose tariff is determined by CERC under Section 62 may sell power in RTM without seeking consent
from Original beneficiary

 Such ISGS generator is expected to submit offer at variable charge

 In case, any gains realized by generator, over and above the variable charge, shall be shared between generator
and original beneficiary in 50:50, subject to ceiling of 7 Paise/kWh to be retained by generator

 In case of loss, the same to be borne by such generator

 ISGS whose tariff is determined under Section 63, are also eligible to participate. In case of sharing of gains,
there may be need to execute a supplementary PPA based on mutual agreement, subject to approval of
appropriate commission or shall be as per the provisions of the PPA.

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 Real-Time Electricity Market (RTM) Timelines
Right to recall Gate NLDC provides
corridor to PXs for Half hourly RTM for delivery period
ends for 00:00 to Closure
Delivery period of 1st two time block of an hour
00:30 hrs
22:45 23:00 23:15 23:30 23:45 00:00 00:15 00:30 00:45 01:00

RTM RTM Schedule Preparation & Delivery period

Auction Closing & Communication
Comm.

Right to recall Gate NLDC provides

ends for 00:30 to Half hourly RTM for delivery period
Closure corridor to PXs of last two time block of an hour
01:00 hrs for Delivery
period

22:45 23:00 23:15 23:30 23:45 00:00 00:15 00:30 00:45 01:00

RTM RTM Schedule Preparation & Delivery period

Time between Two Auction Closing & Communication
RTM and Comm.
Transactions 5
 Illustration of RTM Timelines
RTM RTM RTM Clearing Communication Final Preparation Delivery
Auction Auction interval and of schedule to Schedule time for period
Start END Time publication in NLDC/RLDC/SLDC Preparation dispatch
Time website

07:45 hrs 08:00 hrs 08:00 – 08:15 08:15 – 08:30 hrs 08:30 – 08:45 – 09:00 09:00 – 09:30
hrs 08:45 hrs hrs hrs

08:15 hrs 08:30 hrs 08:30 – 08:45 08:45 – 09:00 hrs 09:00 – 09:15 – 09:30 09:30 – 09:45
hrs 09:15 hrs hrs hrs

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 IEGC Sixth Amendment 2019
 For implementation of RTM, CERC issued IEGC (Sixth Amendment) Regulations 2019

 Any Generator selling power on Long / Medium / Short term (except Collective) may revise its schedule from 7th
time block if the revision request is made in odd time blocks

 Odd time blocks are 00:00 to 00:15 hrs, 00:30 to 00:45 hrs and so on.

 For revision request raised in even time blocks, the schedule will be revised from 8 th time block.

 Even time blocks are 00:15 to 00:30 hrs, 00:45 to 01:00 hrs and so on.

 In case of outage, the revival time has to be given at the time of revision in schedule for Short-term transaction.
Once the revival time is given it can’t be changed afterwards.

 In case of RTM sale/purchase, the revised schedule will be uploaded on RLDC website one time block before
the actual time of injection

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 Revision Timelines
 Schematic representation of proposed changes in right to revision

T1 T2 T3 T4
22:00 22:15 22:30 22:45 23:00 23:15 23:30 23:45 24:00 00:15 00:30 00:45 01:00

7th Block Onwards

8th Block Onwards

Any revision in odd

Any revision in even time
time block will be
block will be effective from
effective from 7th
8th time block, counting the
time block, counting
time block in which revision
the time block in
is made to be first one
which revision is
made to be first one 8
 Procedure for Scheduling
 Single NOC to be issued by concerned RLDC/SLDC to be valid for 3 months; to be reviewed after every 3
months

 NOC to clearly mention the maximum capacity that any entity is willing to sell/purchase

 Entity to schedule power through all modes (LT/MT/ST/DAM/TAM/RTM) within the NOC limit

 Corridor between Exchanges to be allocated on the basis of their share in DAM, subject to minimum 10%
allocation

 During Forced outage, generators have an option to buy power by submitting an undertaking to PXs with a copy
to RLDC/SLDC and shall specify the details of the forced outage (Time of Outage, Reason of Outage &
anticipated revival time)

 In case of Real time congestion, RLDC can revise the schedule in following order

 ST Bilateral >> DAM >> RTM >> Medium Term >> Long Term
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 Key Points to taken care at Plant

 Revision in schedule will happen in 7th & 8th time block is the revised schedule is punched in odd and even time block
respectively.

 In case of outage, the revival time has to be given at the time of revision in schedule. Once the revival time is given it can’t be
changed afterwards.

 In case of RTM sale/purchase, the revised schedule will be uploaded on RLDC website one time block before the actual time of
injection. Plant has to see the RLDC website for real-time injection schedule.
 DSM- 5th Amendment

Effect of Sign Change w.e.f 01.06.2020

 If the sustained deviation from schedule continues in one direction (positive or negative) for 6 time blocks,
the regional entity (buyer or seller), shall correct its position, by making the sign of its deviation from
schedule changed or by remaining in the range of +/- 20 MW with reference to its schedule, at least once,
latest by 7th time block.
 DSM- 5th Amendment
DSM Regulation (Existing) DSM Regulation (from 01.06.2020 onwards)

Provision of Sign Change is after every 12 time blocks Provision of Sign Change is after every 6 time blocks

The regional entity (buyer or seller), shall correct its

The regional entity (buyer or seller), shall correct its position,
position by making the sign of its deviation from schedule
by making the sign of its deviation from schedule changed or
changed or by remaining in the range of +/- 20 MW with
reference to its schedule, at least once, latest by 13th by remaining in the range of +/- 20 MW with reference to its
schedule, at least once, latest by 7th time block.
time block.
Each violation under this clause shall attract an additional The Violation under this clause shall attract an additional
charge of 10% of the time block DSM charge payable charge on daily base DSM payable or receivable depends on
or receivable as the case may be. the no. of violation.

Penalty is applicable on time block basis. Penalty is applicable on daily base DSM basis.
 DSM- 5th Amendment

Effect of Sign Change w.e.f 01.06.2020

Provided that violation of this Regulation shall attract an additional charge as specified in below:

No. of violations in a Day and Additional Charge Payable:

(From first to fifth violation) - For each violation, an additional charge @ 3% of daily base DSM payable /receivable.
 
(From sixth to tenth violation) - For each violation, an additional charge @ 5% of daily base DSM payable / receivable.

(From eleventh violation onwards) - For each violation, an additional charge @ 10% of daily base DSM payable / receivable.

Daily Base DSM Charge means the sum of charges for deviations for all time blocks in a day payable or receivable as the case may
be, excluding the additional charges.
 DSM- 5th Amendment

Illustration

 A regional entity having a sustained deviation from time blocks t1 to t7, shall correct its position either by changing the sign of its
deviation (from positive to negative or negative to positive as the case may be) or come back in the range of +/- 20 MW with
reference to its schedule latest by the end of time block t7.

 In case, such sign change does not take place or it fails to come back in the aforesaid range by the end of time block t7, but such
correction of position takes place from time block t8 up to time block t12, then additional charge shall be levied equivalent to one
violation.

 Further, in case, sign change does not take place or it fails to come back in the range as aforesaid latest by the end of t13, but
correction in position takes place from time block t14 up to time block t18, then the additional charge shall be levied for two
violations and so on.
 WBES – Change in Scheduling Process
Old Punching Methodology
Injection Punching Punching
Sl. No. PPA Drawl RLDC
RLDC Responsibility Responsibility
1 Bihar ERLDC JITPL NA  NA
2 KSEB ERLDC JITPL SRLDC JITPL
3 WCR-MP* ERLDC JITPL WRLDC SLDC-MP
4 WCR-Raj* ERLDC JITPL NRLDC SLDC-Raj
5 NR-Haryana ERLDC JITPL NRLDC JITPL
6 NR-Delhi ERLDC JITPL NRLDC SLDC-Delhi

* Presently WCR-MP & Raj power is scheduled in STOA.

New Scheduling Methodology

Sl. No. PPA Single Punching Responsibility
1 Bihar JITPL
2 KSEB JITPL
3 WCR-MP* JITPL
4 WCR-Raj* JITPL
5 NR-Haryana JITPL
6 NR-Delhi JITPL
* As per New Methodolgy of WBES scheduling, the punching rights shall be will the LTA/MTOA applicants
* Presently WCR-MP & Raj power is scheduled in STOA.
Thank You!