Open Access Power Purchase

Slides:



Advertisements
Similar presentations
Energy Conservation Energy Management.
Advertisements

Electricity Price Breakdown Fix at premium or Pass Through.
Open Access Pune Power Development Pvt. Ltd.. Contents:  Terminology  Open Access  Requirements for Open Access  Provisions made in Electricity Act.
OPEN ACCESS IN INTER-STATE TRANSMISSION. DEFINITION OF “ OPEN ACCESS ” IN THE ELECTRICITY ACT, 2003 “The non-discriminatory provision for the use of transmission.
EVOLVE INDIA SOLAR SOLAR FINANCE SOLAR B. O. O
O POWER TRADING o OPEN ACCESS o CAPTIVE GENERATION BHANU BHUSHAN Director (Operations ) Power Grid Corporation of India Ltd.
Ent. 7, 12 Krasnopresnenskaya Embankment, Moscow, , Russia Administrator of Trading System (ATS) Russian Power Exchange.
It “Pays” to be Environment Friendly Renewable Energy Certificates: IPP Perspective.
Trading rules in Lithuania Giedrius Radvila Lietuvos energija AB 3 July 2006, Riga II MINI-FORA.
LECTURE. FORMATION OF PRICE FOR THE COMPANIES PRODUCT Plan lectures 1. Price and types of prices 2. Classification prices 3. Pricing policy of the enterprise.
Financial energy futures. Future contract is a contract (liabilities of the parties) at a specified future date at a price and contract volume fixed at.
Genesis Solar Module Brochure ™
IEGC PROVOSIONS FOR RENEWABLE GENERATION SCHEDULING & UI SETTLEMENT 1.
Welcome New York Independent System Operator. (Pre-NYISO) Regulated Market Physical contracts Regulated industry Cost Based System Two Party Deals Bundled.
Overview of the North American and Canadian Markets 2008 APEX Conference in Sydney, Australia October 13, 2008 Hung-po Chao Director, Market Strategy and.
New Amendments to the Kazakhstan Law “On Transfer Pricing” Arman Mendybayev GRATA Law Firm Almaty 2010.
Outline  Chronology  Conceptual framework  Salient Features of REC Mechanism  Role of Central Agency  REC Procedures  Current Status.
The Secrets to Successful AMI Deployment – The Ontario Experience Paul Murphy, President & CEO Independent Electricity System Operator February 19, 2007.
Rate Design Indiana Industrial Energy Consumers, Inc. (INDIEC) Indiana Industrial Energy Consumers, Inc. (INDIEC) presented by Nick Phillips Brubaker &
Is there a need for a change?
Renewables and System Services Ann Scully.
Open Access for Renewables New initiatives. Scheduling and OA of RE Open Access through LTA/ MTOA/ STOA route envisaged Applicable to Wind and Solar without.
Power Trading Corporation Of India Ltd. Mahendra Kumar Director, Power Trading Corporation of India Ltd. Power Trade Perspective.
Third-Party Solar Financing Options in New Hampshire 1.
Electricity pricing Tariffs.
Philippine Feed-In Tariff System Implementation 1.
1 Basic Concepts on Power Supply Agreement (PSA) Francis Saturnino C. Juan Executive Director Energy Regulatory Commission.
Wholesale Electricity Spot Market (WESM)
OPEN ACCESS EXPERIANCES AND WAY-AHEAD V K Agrawal, General Manager, SRLDC WORKSHOP ON GRID SECURITY AND MANAGEMENT 28 th and 29 th April, 2008.
1 Dr. Ahmed Kaloko Chief Economist Pennsylvania Public Utility Commission Harrisburg, Pennsylvania Transition from Public Service to Competitive Markets.
Overview of the Contract Carriage Gas Markets in Eastern Australia James Mellsop Director 4 December 2012 Presentation to PEA.
Solving the Energy Puzzle Understanding the Rules of Energy Delivery Electricity Natural Gas Tariffs Solar Combined Heat and Power Generation Distribution.
Workshop on Open Access in Maharashtra Nagpur 14 th May 2016 For Public Use.
Al Berger Mike Spacek Glen Ginesi. UTILITY CONSUMPTION  Water  Sewer  Storm  Gas  Electricity  Yes *  N/A  Yes * * To a lesser degree if production.
Izba Rozliczeniowa Giełd Towarowych S.A. The Settlement Report Guide in Condico Clearing Station.
Solar, according to Click
Margin Trading System Based on Securities (Leveraged Markets and Pledging) Rules, 2011 and Concept Paper.
Republic of the Union of Myanmar Electricity Sector Financial and Regulatory Issues 18 May 2016 by Myanmar Energy Team The World Bank.
Electricity Markets Simon Watson.
Electricity & Regulatory Overview of Korea
Fuel Cost Components in the Fuel Adder
Irvine Ranch Water District Distributed Energy Storage Case Study
Wind Management at MISO
Fuel Cost Components in the Fuel Adder
Diving Into Bills I wish….
Hartek Group is one of India’s fastest growing company with offerings that span across Engineering, Renewables, Technology , Construction , Fuel and Manufacturing.
Calculation of BGS-CIEP Hourly Energy Price Component Using PJM Hourly Data for the PSE&G Transmission Zone.
Fuel Cost Components in the Fuel Adder
GEORGIAN ELECTRICITY MARKET OPERATOR
Avalon Energy Consultants
Operationalizing One Nation One Grid
Renewable Energy (RE) Power Contracting & Trading
Open Access.
Narragansett Electric Rate Classes
Capacity Market – Introduction & Illustration
Open Access.
The New Texas Wholesale/Retail Market
Scheduling of Collective Transactions Through Power Exchange
Lithuanian PX Giedrius Radvila AB “LIETUVOS ENERGIJA” Minifora Vilnius
Queries raised by Director (Tariff) on ARR and Tariff Application of CESU for FY on
Calculation of BGS-CIEP Hourly Energy Price Component Using PJM Hourly Data for the PSE&G Transmission Zone.
City of Lebanon, Missouri Electric Department
E-bidding for Short Term Open Access by – S
Case No UT PNM Workshop Comments
Working With Cloud - 2.
Mike Mumper & Brian Kick Good afternoon
Ahmad Elberry, Abdelghani Aljayyousi
Developing the power sector in Federal Nepal Main lessons from international experience Kathmandu, November 06, 2018.
TGC-1 9М 2018 IFRS Results 9 November, 2018.
Success Story on Open Access Power Trading Crisis into opportunity
Presentation transcript:

Open Access Power Purchase Ecotec Consultancy Services Open Access Power Purchase

Definition Electricity Act 2003: Open Access is defined as “Open access” means the non-discriminatory provision for the use of transmission lines or distribution system or associated facilities with such lines or system by any licensee or consumer or a person engaged in generation in accordance with the regulations specified by the Appropriate Commission.”

SERVICE OFFERINGS TO OUR CLIENTS POWER TRADING: Bilateral Transactions – Sale/Purchase of Power Swapping Arrangement of Power (Energy Banking) Collective Transactions (IEX, PXIL) Renewable Power Trading Advisory INNOVATION | INTEGRITY | PERFECTION

PROCESS BY IEX (Daily Bidding) Volume cleared Report and price are determined by same day (trading date) evening. Payment terms will be advance of one day consumption BIDDING TIME UPTO 11 AM, ONE DAY PRIOR Ex. Trading date : 24-2-2016, Delivery Date :25-2-2016 Delivery starts from date changing hours 00:00 to 24:00 BY Bilateral Transaction (Fixed Tariff Agreement) Agreement between Consumer and Provider for a longer period with Fixed Rate Bill will be generated monthly. Payment terms will be within seven days from monthly Bill generation date like ISCOM.

Pre-requisites of Open Access Special Energy meters (ABT Meter – 0.2 S class) are required to be installed for energy accounting. Available Transmission Corridor. (11KV, 33KV, 66KV,110KV etc.) Contract demand should be more than 1 MW (1125 KVA). Payment security for availing Open Access. No court case pending related to BESCOM.

INVESTMENT ANNUAL IEX REGISTRATION FEES : Rs One lakh + SERVICE TAX MONTHLY NOC FEES : Rs 5000 dd in favor of CHIEF ENGINEER SLDC, KPTCL (Applicable for month industry wish to trade) ABT Meter if not installed (As per vendor Quotation)

Open Access cost analysis (1MW Purchase by IEX) BIDDING COST ANALYSIS   Description Total per day Volume to be purchased in an Hour in kWh 1000 No. of Hours 24.00 Actual Rate As on Rs. Per Mwh 3200.00 Actual Rate As on Rs. Per kWh 2.95 ADJUSTMENT OF POC/CTU TRANSMISSION , STATE TRANSMISSION & DISTRIBUTION LOSSES Unit purchased from power exchange in kWh 24000.00 Adjustment of POC/CTU Transmission Losses 1.95% 23532.00 Adjustment of State Transmission Losses 3.47% 22715 Distribution loss 4.20% 21761 ADJUSTMENT OF CHARGES & CROSS SUBSIDY Cost of Energy as per Market Clearing Price 70800.00 NLDC Application Fee in Rs. Per Day* 5.00 NLDC Scheduling & Operating Charges in Rs Per Day* 180.00 NOC charges per month 5000 5000.00 POC / CTU Transmission Charges in Rs. Per kWh 0.2694 6465.60 State Transmission Charges in Rs. Per kWh 0.08 1920.00 SLDC Scheduling and Operating Charges in Rs. Per Day 1000.00 IEX Transaction Fees in Rs. Per kWh 0.0230 552.00 Trading margin in Rs. Per kWh 0.01150 276.00 Cross Subsidy in Rs. Per kWh 1.18 25678.44 Cost to meet RPO in Rs. Per kWh (Non-Solar) 0.08440 1986.10 Cost to meet RPO in Rs. Per kWh (Solar) 0.01767 415.81 Total amount to be paid in Rs. 114278.95 Landed cost to in Rs. Per kWh 5.25 BESCOM Variable Cost to Consumer in Rs. Per kWh 6.43 Total billing Cost as per MESCOM 139998.28 Total billing Cost as per Power Trading savings / Losses 25719.33 Adjustments TOTAL SAVINGS

Cost Analysis for Bilateral Transaction (Fixed Tariff Agreement) Savings in the range of Rs 1.10 to 1.25 per Unit from base rate of ISCOM. Agreement will be for two years. Can be renewed with mutual consent. IEX price will be varied as per Demand-supply. FTA price will be fixed irrespective of demand- supply.

Pros and cons (IEX) Pros Cons Can be bought independently for slot of 15 mins each in a day Can be purchased from one slot of 15 mins to all slot of 24 hrs each in a day as per operation schedule. No long Term Commitment required as it is Day Ahead Process. If bid is not cleared than Power will be continued from ESCOM at ESCOM Price Cons Whatever is purchased for the duration, need to consumed. Power purchased will be considered as consumed even if there is power cut from BESCOM Price of Exchange determined on trading date based on Demand Supply Curve for every 15 minutes interval.

Contact Person: Vinay Kumar :09901405006 Suresh Tammineni : 07829087222