Why in the News?
Indiaâs power regulator, the Central Electricity Regulatory Commission (CERC), has appointed a Single Member Bench to assess the challenges of a sudden surge in power demand.
Projected Power Demand for October 2024
- Indiaâs projected peak power demand for October 2024 is 230 Gigawatts (GW).
- After factoring in Inter-State Transmission System (ISTS) losses, the demand is expected to rise to 232.2 GW.
- To meet this demand, an additional 12.60 GW of generation resources is required.
Concerns over Power System Operation:
- The steep rise in electricity demand, without enough generation sources, could pose a risk to power system operations.
- The Regional Load Despatch Centres (RLDCs) and State Load Despatch Centres (SLDCs) are responsible for conducting operational planning to manage this surge, especially due to seasonal variations.
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About Central Electricity Regulatory Commission (CERC):
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Details |
| Establishment |
It was constituted on July 24, 1998, under the Electricity Regulatory Commissions Act, 1998, and later brought under the Electricity Act, 2003. |
| Type |
Statutory body with quasi-judicial status under Section 76 of the Electricity Act, 2003. |
| Ministry |
Functions under the Ministry of Power, Government of India. |
| Primary Functions |
– Regulates tariffs of power generation companies (owned/controlled by the Government of India).
– Regulates interstate transmission tariffs.
– Issues licenses for interstate transmission and trading. |
| Key Role in Tariff Evolution |
– Introduced a Two-Part Tariff in 1992.
– Introduced Availability Based Tariff (ABT) in 2000 to improve grid stability. |
| Advisory Role |
– Contributes to National Electricity Policy and Tariff Policy.
– Promotes competition, efficiency, and investment in the electricity sector. |
| Licensing |
– Issues licenses for electricity transmission and interstate trading. |
| Grid Operation Standards |
Enforces standards under the Indian Electricity Grid Code (IEGC) to improve grid stability and power quality. |
| Dispute Resolution |
Adjudicates disputes involving power generation companies and transmission licensees. |
| Collaboration |
Signed a MoU with the U.S. Federal Energy Regulatory Commission (FERC) in 2009 for enhancing power market regulation and grid reliability. |
| First Chairman |
Mr. S.L. Rao (1998â2001). |
PYQ:
[2016] Which one of the following is the purpose of âUDAYâ, a scheme of the Government?
(a) Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy
(b) Providing electricity to every household in the country by 2018
(c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
(d) Providing for financial turnaround and revival of power distribution companies |