# The Electricity Capacity (Amendment) Regulations 2016, Paragraph 36: Paragraph 7 (over-delivery payments)


(1) In paragraph 7(1)(a), for the words from “relevant” to the end substitute “each relevant settlement period in year X (“ODRij”)”.
(2) In paragraph 7(2) and (3), for “ODRix” (wherever it occurs) substitute “ODRij”.
(3) In paragraph 7(2)—
(a) insert at the beginning “Subject to sub-paragraph (2A),”; and
(b) for “PRix” substitute “PRij”.
(4) After paragraph 7(2) insert—
“(2A) For the purposes of the calculation in paragraph (2), where the over-delivery payment is to be made to a qualified person who is not a capacity provider in settlement period j, the value of PRij is deemed to be equal to the penalty rate applying to a capacity obligation awarded in the T-4 auction for year X and calculated in accordance with paragraph 5.”.
(5) In paragraph 7(5)—
(a) for the definition of “PRix” substitute—
““PRij” means the penalty rate in pounds per MWh applying to CMU i in respect of settlement period j, as calculated in accordance with paragraph 5”; and
(b) after that definition insert—
““qualified person” has the meaning given in regulation 42(2);”.

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Source: https://www.legislation.gov.uk/ukdsi/2016/9780111146774/schedule/1/paragraph/36 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-amendment-regulations-2016/schedule-1/paragraph-36
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.