OpenLegislation

Paragraph 2 Capacity market supplier charge: provisional annual calculations

Original text. Later amendments are not shown.

(1)

The Settlement Body must, by no later than three months before the start of a delivery year (“year X”), for each electricity supplier (“S”) calculate—

(a)

S’s provisional share of capacity market supplier charges in respect of year X (“PSCsx”);

(b)

S’s provisional capacity market supplier charge in respect of year X (“PACMSCsx”);

(c)

S’s provisional monthly capacity market supplier charge in respect of each month of year X (“PMCMSCsm”).

(2)

PSCsx must be calculated in accordance with the formula—

PS C sx = FSSP D sx ∑ s FSSP D sx .
(3)

PACMSCsx must be calculated in accordance with the formula—

PACMS C sx = ∑ i AC P ix ×PS C sx .
(4)

PMCMSCsm must be calculated in accordance with the formula—

PMCMS C sm =PACMS C sx ×W F mx .
(5)

In this paragraph—

  • “∑iACPix” means the sum of ACPix (the total amount of capacity payments payable in respect of a capacity committed CMU), as calculated under paragraph 3 of Schedule 1 to the Principal Regulations, for all capacity committed CMUs in respect of year X; and

  • “FSSPDsx” means the amount of the forecast given by S to the Settlement Body for year X under regulation 4(2).