# The Electricity Capacity (Supplier Payment etc.) Regulations 2014, Paragraph 13: Amendments to the Principal Regulations


In paragraph 6 of Schedule 1—
(a) in sub-paragraph (4), for the formula substitute—
“”
MP C im =MC P im ×F
(b) after sub-paragraph (5) insert—
“(5A) For the purpose of the second calculation, APCix is the annual penalty cap in pounds applying to CMU i in respect of year X, and is to be calculated in accordance with the formula—”
AP C ix =AC P ix ×G.
(c) in sub-paragraph (6)—
(i) omit the definition of “APCix”; and
(ii) before the definition of “MaxSPi” insert—
““ACPix” means the amount of annual capacity payments calculated under paragraph 3 for CMU i in respect of year X;
“F” means the percentage stated on the capacity market register under regulation 31(2)(f) as the monthly penalty cap percentage for CMU i in respect of year X;
“G” means the percentage stated on the capacity market register under regulation 31(2)(f) as the annual penalty cap percentage for CMU i in respect of year X;”.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111123119/schedule/2/paragraph/13 (the official version)
Page: https://openlegislation.uk/draft-electricity-capacity-supplier-payment-etc-regulations-2014/schedule-2/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

