Soaring consumption: Kerala State Electricity Board proposes TAM option, seeks regulatory commission’s nod

With electricity consumption soaring in the State this April, the Kerala State Electricity Board (KSEB) is exploring more effective power procurement options for bridging peak-hour power deficits in the coming weeks.

Specifically, the KSEB is looking at procurement via the term ahead market (TAM) platform which allows entities to buy or sell electricity for durations ranging up to 90 days in advance. The power utility has sought the Kerala State Electricity Regulatory Commission’s (KSERC) nod for the parameters for the TAM procurement. It has also proposed an institutional mechanism comprising an apex committee and an operational committee for handling short-term power procurement during contingencies.