CERC Issues Order for Implementing Shadow Pilot on Power System through Market Coupling
The mechanism of market coupling will integrate bids of market participants who may choose to participate in multi exchanges thereby allowing them to avail benefits of multi power exchange model.
February 07, 2024. By Anurima Mondal
A statement issued by Satyajit Ganguly, MD and CEO, Power Exchange India Limited stated that ‘Market Coupling’ will facilitate in creating an integrated and efficient electricity market that supports growth of multiple power exchanges and enlarges their role as ‘Market Infrastructure Institution’. It would lead to level playing field to all power exchanges in DAM & RTM. PXIL welcomes CERC’s move which will result in innovative and healthy competition environment in Indian power market.
Ganguly added the mechanism of market coupling will integrate bids of market participants who may choose to participate in multi exchanges thereby allowing them to avail benefits of multi power exchange model but with discovery of single common price based on merged bids of combined market.
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