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Showing posts with the label DSM Charges

Key Highlights of DSM Charges

Some of the key highlights of the DSM charges that were introduced for the following: Grid Discipline and Frequency Management : The DSM charges are linked to grid frequency, with stricter penalties for deviations outside the prescribed frequency bands. The regulation incentivizes participants to maintain adherence to their scheduled electricity generation or consumption​ King Stubb & Kasiva CSTEP Market-Based Pricing : The charges are aligned with market mechanisms like the Integrated Day-Ahead Market and Real-Time Market prices. This ensures cost-reflective charges that encourage efficient power trading and minimize grid imbalances​ King Stubb & Kasiva Renewable Energy Provisions : Special provisions exist for intermittent renewable energy sources like solar and wind, as well as for hydro generators. These provisions accommodate the variability of renewable energy while ensuring accountability for grid contributions​ CSTEP State-Specific Plans : Emphasis has been placed on st...