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Sep 1st-Energy and Power - Coggle Diagram
Sep 1st-Energy and Power
Green Term Ahead Market
GTAM in electricity
launched by
Union Minister of State Power and New & Renewable Energy
objective
greening the Indian short term power market
Major features
first exclusive product in the World
for renewable energy sector
Transactions
through GTAM
in Bilateral in nature
clear identification
of corresponding
buyer
and seller
shall be available
Renewable Purchase Obligations
state meet their regulatory requirement
by overcoming
the geographical constraints
on existing renewable potential
in different states
GTAM contracts
segregated
solar RPO
non-solar RPO
within the two segments
GTAM contracts have
Green Intraday,
Day Ahead Contingency,
Daily and Weekly Contracts
price discovery
take place on continuous basis
looking at market conditions
open auction
can be introduced
for daily & weekly contracts
Renewable Energy Certificates
green energy certificate
or tradable renewable certificates
proof
energy generated
from renewable sources
such as solar and wind power
Saubhagya scheme
free electricity connection
not electricity
provide to all households
in rural areas and
economically poor families
in urban areas
unelectrified households
Scheme excluded
Non-poor urban households
Nodal Agency
Rural Electrification Corporation (REC)
designated as nodal agency
AIM
provide last mile connectivity
and electricity connections
to all unelectrified households
in rural areas
Installation
Solar Photovoltaic (SPV)
based
standalone system
for unelectrified households
located
in remote and inaccessible
villages / habitations
Where Grid extension
is not feasible or cost effective