Real Time Electricity Market platform
- The Indian Energy Exchange has commenced The “Real-Time Electricity Market (RTM)” on its platform.
- it will come into effect on 01 June 2020. the Central Electricity Regulatory Commission (CERC) visualizes to make power market dynamic through the recently launched real time market.
- Real-Time Electricity Market (RTM) will have totalling 48 auction sessions per day.
Features
- It will provide facilities to reduce dependency on deviation framework and will help in saving on the huge penalties. along with it, it helps to improve the overall safety and security of the grid.
About Central Electricity Regulatory Commission (CERC)
Founded – 24 July 1998
Headquarters – New Delhi
About Indian Energy Exchange –
Headquarters: New Delhi
Founded: 2008