Power Trading
- As per Electricity act 2003
- An electricity market is a system enabling purchases, through bids to buy; sales, through offers to sell; and short-term trading, generally in the form of financial or obligation swaps. Bids and offers use supply and demand principles to set the price. Long-term trades are contracts similar to power purchase agreements and generally considered private bi-lateral transactions between counter parties.
- IEX (Indian Energy Exchange) & PXIL (Power Exchange India Ltd) are the leading Power exchanges in India.
- Functional Diagram
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Voltage level of consumer.
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No of hours of operation (24 Hrs divided in 94 slots of 15 Mins each).
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% PoC Loss : Changes daily depends on grids load, power flow, load
dispatch centers scheduling etc.
o
% STU Loss: State transmission Utility loss: Depends State
transmissions system and its loss, almost constant. Depends on T&D losses
of state.
o
% Discom Loss: loss for transmission utilities in distribution companies.
o
CTU charges/PoC Charges (Central transmission utility charges).
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STU charges (State transmission utility charges).
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Discom Wheeling Charges.
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NLDC application fee (National load dispatch center).
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NLDC operating & Scheduling charges.
o
SLDC Operating & Scheduling Charges (State load dispatch center).
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Subsidy’s , if applicable.
o
Non solar/ Solar RPO (Renewable purchase obligation) , if applicable.
o
Energy exchange Transaction charges.
o
Clearing Agent service charges.
o
Application Charges for NOC from state electricity board for STOA.
