ReNew Wind Power, Gurgaon based Wind Energy Developer, expressed its concerns over the recent directives of Central Electricity Regulatory Commission's (CERC) to impose penalty on the wind energy generators for not meeting their forecasted energy output with a band of (+)30% to (-)30%.
CERC has issued this order in the month of July-13 and will be applicable for the wind projects commissioned after May-2010. As per the order, wind projects having capacity of 10 MW or more will have to forecast their generation for the following day with 15 minutes interval. Penalties will be incurred if the forecasts are missed by more than 30%.
According to the officials of the company the level of accuracy being asked is not possible in case of wind energy projects. Further the amount of penalties in case of non-fulfillment may be as high as 15% of the revenue which will destroy the profitability of the project as well as the industry which has attracted around USD 10 Billion investments since 2011.
According to market sources, the internationally reputed wind forecasting consultants such as GL Garrad Hassan and AWS True Power are also not giving guarantee for the required precision.
The decision will mostly affects the large wind energy developers such as Tata Power, CLP India, Continuum Wind Energy etc including ReNew Wind Power.
Additional Reading...
No comments:
Post a Comment