Frequently Asked Questions
CRESS
Application Process and Documentation
With reference to section 13.1, we understand that Single Buyer will start accepting applications from 30 September 2024 onwards, however, to clarify is there a timeline to submit (as were the case in CGPP)?
What is the timeline for receiving the results as a successful bidder/complete application assume if we submit the application on September 30, 2024?
With reference to section 7.2, will the template contracts for the CRESA, RE SAA, NEDA Agreement, Backfeed Agreement be released soon?
With reference to section 13.4(j), can we clarify what are the default declaration documents to be furnished? Further to this, will ST release appendices/forms similar to those required under the CGPP?
What is the expected duration for CRESS participation approval process?
Guidelines Compliance and Operational Clarifications
Similarly to the CGPP, will there be a commitment bond imposed on the RED?
With reference to section 14.1(a), in the event that the GEP is not implemented according to schedule or not completed by the scheduled COD, the Commission reserves the right to revoke the participant. Does this mean that there is a sunset COD stipulated under CRESS that the RED needs to comply with?
With reference to section 6.11, it states that “The meter reading at RED and Green Consumer premises shall be coordinated in such a way that the readings reflect the supply and consumption of electricity that occur within the same time during the Billing Period.” What does “same time” entail? Is this down to the very minute and hour, or is this referring to the same monthly/billing cycle during the Billing Period? This section does seem to contradict sections 6.20 and 8.12.
With reference to section 8.20, to clarify, if an existing customer has a demand of 10MW and an additional new demand of 5MW, is the minimum threshold calculated as follows: 100% x 15MW x 0.52 x 730 hours?
In section 8.16, mentions that the “GSO shall have the right to instruct GEP to reduce, maintain or increase the output subject to system condition”. Will the Renewable Energy Developer (RED) be compensated if dispatched for this purpose? If yes how much?