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Regulation 5 CFD quarterly contribution

Original text. Later amendments are not shown.

The CFD quarterly contribution for a supplier for a quarterly period is the amount given by—

[ NDS−(NGS+DI) ]× SQS TQS

where—

  • NDS is the total amount of CFD counterparty payments which are not generation counterparty payments which the CFD counterparty was required to make during that period;

  • NGS is the total amount of CFD party payments which are not generation party payments which the CFD counterparty has received from CFD parties during that period;

  • DI is any amount of interest which was paid by virtue of regulation 8(6), 9(7), 11(2), 14(8), 16(5), 17(6) or 25(5) during that period, less any amount of that interest which was paid to electricity suppliers by virtue of regulation 18(2);

  • SQS is the amount of electricity supplied by that supplier in that period;

  • TQS is the total amount of electricity supplied in that period.