CERC Announces Waivers for Renewable Energy and Storage Projects: Impact on Green Hydrogen and Green Ammonia
Key Ideas
  • The CERC has issued time frames for waiving ISTS charges for renewable energy, energy storage, green hydrogen, and green ammonia projects, providing significant waivers for projects commissioned up to certain dates.
  • Energy storage systems, including pumped storage and battery energy storage, are eligible for waivers based on their commissioning date and connection source, ensuring flexibility for battery systems in contingency situations.
  • Hydropower projects and offshore wind projects have also been included in the waivers, with specific conditions on PPA signing dates and commissioning years, offering benefits for projects within defined timelines.
  • Green hydrogen and green ammonia projects will receive waivers based on their commissioning date and drawal sources, promoting the consumption of renewable energy in these sectors and clarifying eligibility scenarios.
The Central Electricity Regulatory Commission (CERC) has announced a time frame for waiving interstate transmission charges for renewable energy, energy storage, green hydrogen, and green ammonia projects. The waivers are structured based on the commissioning dates of these projects, providing incentives for early completion. Energy storage systems, including pumped storage and battery energy storage, will also benefit from waivers, with provisions for different connection and charging sources to ensure flexibility in operations. Hydropower and offshore wind projects have been included in the waiver scheme, with conditions based on PPA signing dates and commissioning timelines. Additionally, green hydrogen and green ammonia projects will receive waivers based on their commissioning dates and drawal sources, emphasizing the use of renewable energy in these sectors. The amendments include provisions for force majeure-based extensions to protect projects facing delays, compliance requirements for storage systems, clarification on terminal bay charges, and revised charge apportionment rules within state boundaries. Overall, the CERC's initiatives aim to support and incentivize renewable energy, energy storage, and green hydrogen and ammonia projects, aligning with the broader transition towards clean energy in India.
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