Paragraph 2 Weighting factor

The Settlement Body must, by no later than 3 months before the commencement of a capacity year (“year X”), calculate in respect of each month of year X (“month M”) the weighting factor (“$W{F}_{mx}$”) which is to be used for the purpose of calculating capacity payments in respect of that month.

$W{F}_{mx}$must be calculated to F110 decimal places in accordance with the formula—

In this paragraph—

• “A” means the sum of the amounts of electrical demand in GWh in Great Britain during each of the months corresponding to month M in the calculation period;

• “B” means the sum of the amounts of electrical demand in GWh in Great Britain during the calculation period;

• “the calculation period” means the period of 3 years ending on the last day of the month preceding the month in which $W{F}_{mx}$ is calculated.