{
  "url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-2",
  "json_url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-2.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/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Weighting factor",
  "text": "(1) 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 (“WFmx”) which is to be used for the purpose of calculating capacity payments in respect of that month.\n(2) WFmxmust be calculated to 10 decimal places in accordance with the formula—\nWFmx=AB.\n(3) In this paragraph—\n“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;\n“B” means the sum of the amounts of electrical demand in GWh in Great Britain during the calculation period;\n“the calculation period” means the period of 3 years ending on the last day of the month preceding the month in which WFmx is calculated.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 1 para. 2(2) substituted (18.12.2014) by The Electricity Capacity (Supplier Payment etc.) Regulations 2014 (S.I. 2014/3354), reg. 1(2), Sch. 2 para. 12"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/2043/schedule/1/paragraph/2",
    "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."
}