Programme: 3 day Workshop on Electricity Markets

Date: 8th-10th October 2018

Venue: The Energy and Resources Institute (TERI) RETREAT CENTRE, Gwal Pahari, -Faridabad Road, Gurgaon, Programme Outline Time Programme Outline Day 1: Monday, 8th October 2018 Theme: Evolution of Power Markets in and lessons from the world

8th Morning Arrival and registration of participants

1030 – 1100 hrs Inauguration of the workshop by the Chief Guest/Guest of Honour and Welcome Remarks from the Power Sector Reforms (PSR) program Session 1: Management of Short Term markets and associated processes by 1100 – 1315 hrs DISCOMs in India.

1315 – 1415 hrs Lunch

Session 2(a): Existing and proposed Real Time mechanisms/ markets in India 1415 – 1500 hrs

Session 2(b): Merit Order Dispatch in India: Current practices and future pathways 1500 – 1530 hrs

1530 – 1630 hrs Session 3: Existing Ancillary Services mechanisms in India and future pathways

1630 – 1645 hrs Tea Break

Session 4: Power market operations in European, US and Australian Markets and 1645 – 1800 hrs Lessons for India

1900 hrs Dinner

Day 2: Tuesday, 9th October 2018 Theme: Experiencing Day Ahead and Intra-Day markets through simulations Session 1: Experiencing markets through simulations (Part I)- Simulation of Day 0930 – 1115 hrs Ahead markets

1115 – 1130 hrs Tea Break

1130 – 1315 hrs Session 2: Experiencing markets through simulations – Part I continued Time Programme Outline

1315 – 1400 hrs Lunch

Session 3: Experiencing markets through simulations (Part II)- Simulation of Intra- 1400 – 1600 hrs Day and Real Time markets

1600 – 1615 hrs Tea Break

1615 – 1815 hrs Session 4: Key design elements and their efficiency implications

1900 hrs Dinner

Day 3: Wednesday, 10th October 2018 Theme: Panel Discussions

Panel 1: Discussion and Q&A session on Market Design changes in the context of changing generation mix and centrality of decentralised Power System Management mechanism

Key Invitees: 0930 – 1100 hrs o Mr. Ghanshyam Prasad, Chief Engineer (R&R), Ministry of Power o Dr. S.K. Chatterjee, Joint Chief (Regulatory Affairs), Central Electricity Regulatory Commission (CERC) o Mr. S.K. Soonee, Advisor, Power System Operation Corporation (POSOCO) o Mr. RK Mediratta, Director (Business Development), Indian Energy Exchange o Mr. Vijay Menghani, Chief Engineer, Central Electricity Authority (CEA)

1100 – 1115 hrs Tea Break

Panel 2: Discussion and Q&A session on Next Steps for Market Reforms: Capacity and Derivative Markets: How would market efficiency improve and states be helped?

Key Invitees: 1115 – 1300 hrs o Mr. Ghanshyam Prasad, Chief Engineer (R&R), Ministry of Power o Dr. S.K. Chatterjee, Joint Chief (Regulatory Affairs), Central Electricity Regulatory Commission (CERC) o Mr. S.K. Soonee, Advisor, Power System Operation Corporation (POSOCO) o Mr. RK Mediratta, Director (Business Development), Indian Energy Exchange o Mr. Vijay Menghani, Chief Engineer, Central Electricity Authority (CEA)

1300 – 1330 hrs Closing Remarks and Summary

1330 hrs End of Workshop