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Manali

Availability Based Tariff (ABT) is a frequency based pricing mechanism for electric power. The ABT falls under electricity market mechanisms to charge and regulate power to achieve short term and long term network stability as well as incentives and dis-incentives to market participants against deviations in committed supplies as the case may be. * What is availability? \'Availability\', for the purpose of the ABT Order means the readiness of the generating station to deliver ex-bus output expressed as a percentage of its related ex-bus output capability as per rated capacity. * How is availability calculated? Availability of thermal generating station for any period shall be the percentage ratio of average SOC for all the time blocks during that period and rated Sent Out Capability of the generating station ABT Features * ABT brings about enhanced grid discipline * Economically viable power with right pricing * Promote competition and efficiency * Encourage use of Merit Order Dispatch / Economic Dispatch in India * Addressing grid disturbance issues * Gaming and avoiding the same * Requires special meters, remote metering with open protocols and communication mechanisms to read meters timely * Software that is comprehensive to do calculations, address regulatory issues and modifications as per different Regulatory Commission requirements. * Interface options to various stakeholders in the ABT mechanism online to enable effective implementation and benefits to all * Capability of power producers to be able to control their cost of production as well as flexibility in operations