Undertaken By: Mercados Energy Markets India Pvt. Ltd., Recent Publication: 2013
This study identifies the technical, policy, regulatory, and institutional mechanisms that will facilitate smoother grid operations with the higher penetration of wind in the power system. It focuses on the Renewable Regulatory Fund (RRF) mechanism, which was introduced by the Central Electricity Regulatory Commission (CERC), to improve the forecast accuracy and control the wind power output within a certain band. It suggests a conducive institutional mechanism to implement the RRF after analyzing the intra-state off-take of wind power.