{
  "url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-1",
  "json_url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-1.json",
  "legislation": "uksi/2014/2043",
  "legislation_title": "The Electricity Capacity Regulations 2014",
  "legislation_url": "https://openlegislation.uk/electricity-capacity-regulations-2014",
  "path": "schedule/1/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": "Interpretation",
  "text": "(1) In this Schedule—\n“AEij”, “ALFCOij” and “Eij”, in relation to a capacity committed CMU i and a relevant settlement period j, are to be interpreted in accordance with regulation 39 and mean the amounts determined in accordance with that regulation;\n“COix” means the capacity obligation in MW, as recorded on the capacity market register, awarded in respect of CMU i for year X in a capacity auction;\n“ICOij” means the whole or part of any capacity obligation COzx in MW, as recorded on the capacity market register, which applies to CMU i in relevant settlement period j;\n“WFmx” means the weighting factor determined under paragraph 2 for month M in capacity year X.\n(2) Where, in a formula, two values in parentheses are separated by a comma and preceded by “min”, that means that the lesser of those two values is to be used in making the calculation.\n(3) Where, in a formula, the symbol ∑ is used, it denotes that a value is to be determined from the summation of the sequence of elements found immediately to its right; these elements may be derived from one variable or a collection of variables contained in parentheses.\n(4) In this Schedule, if not otherwise defined, subscript suffixes used in a term refer to the following things unless the context requires otherwise—\n“i” refers to a specific CMU which is the subject of the provision the term appears in (“the relevant provision”);\n“j” refers to a relevant settlement period which is the subject of the relevant provision;\n“k” refers to any relevant settlement periods in a given month that precede the relevant settlement period which is the subject of the relevant provision;\n“m” refers to a given month;\n“y” refers to any capacity obligation awarded in a capacity auction in respect of a CMU; and\n“z” refers to a specific capacity obligation awarded in a capacity auction in respect of a CMU.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1 para. 1(1) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 31(1) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 1 para. 1(3)(4) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 31(2) (with reg. 1(4))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/2043/schedule/1/paragraph/1",
    "retrieved_at": "2026-10-29T00:07:34.872566+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}