Auto Calibrating Tool
A regulation, based on the framework of Central Electricity Regulatory Commission (CERC), is mandating the State SLDCs to seek Forecasting & Scheduling Reports from the Renewable Energy Plants that are supplying into the State Grid. Taking into consideration that India Grid is weak, a “surprise” influx of non-dispatchable renewables would affect the Grid and make its operation complex.
AmberTAG has developed a reliable AI /ML based Forecasting tool that gives an accuracy of over 90%. The built in Engine reads the previous Forecasts and compares with the actual results continuously with self-learning Algorithms.The Independent Power Producers (IPP) can benefit from this, since CERC is likely to impose hefty penalties on inaccuracies of more than 15% in its deviation settlement mechanism.
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