Punjab issues deviation settlement regulations for renewable energy

The Punjab State Electricity Regulatory Commission (PSERC) has issued draft regulations for the forecasting, scheduling and deviation settlement of energy generated through solar and wind power projects. The projects should have a minimum capacity of 5 MW and should be connected to the intra-state transmission system. In addition, regulations are applicable to power plants generating energy for captive use or sale within or outside of the state. The regulation calls for wind and solar project developers to appoint a qualified coordinating agency to perform meter reading, data collection and communication. While the regulations will come into force on the day they are published in the state’s official gazette, forecasting and scheduling will become effective three months after the date of notification. PSERC plans to issue a separate notification that will make the commercial mechanism operational for the deviation settlement.

 

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