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Remuneration towards Frequency Regulation Service Provision in India through a Novel Capacity Linked Mechanism
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In India, the frequency regulation service has been provided by the generators, operating under the Free Governor Mode of Operation (FGMO), with certain regulatory basis prescribed by the Central Electricity Regulatory Commission (CERC) in Indian Electricity Grid Code (IEGC). No incentive is being provided towards the capacity reserved for frequency regulation service. In this paper, a capacity linked mechanism has been proposed in order to encourage the participants to provide regulation service.
Keywords
Unscheduled Interchange Mechanism, Frequency Regulation Service, Free Governor Mode of Operation.
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