{
  "url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-7",
  "json_url": "https://openlegislation.uk/electricity-capacity-regulations-2014/schedule-1/paragraph-7.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/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Over-delivery payments",
  "text": "(1) The Settlement Body must, after the end of each delivery year (“year X”), determine for each relevant CMU (“CMU i”)—\n(a) the over-delivery rate in £/MWh applying to CMU i in respect of each relevant settlement period in year X (“ODRij”);\n(b) the amount in pounds of the over-delivery payment applying to CMU i in respect of each such settlement period in which CMU i over-delivered (“ODPij”); and\n(c) the amount in pounds of the total over-delivery payment applying to CMU i in respect of year X (“TODPix”).\n(2) Subject to sub-paragraph (2A), ODRij must be calculated in accordance with the formula—\nODRix=min(PRix,TPRxTODVx).\n(2A) For the purposes of the calculation in paragraph (2), where the over-delivery payment is to be made to a qualified person who is not a capacity provider in settlement period j, the value of PRij is deemed to be equal to the penalty rate applying to a capacity obligation awarded in the T-4 auction for year X and calculated in accordance with paragraph 5.\n(3) ODPijmust be calculated in accordance with the formula—\nODPij=ODRix×(AEij−ALFCOij).\n(4) TODPixmust be calculated as the sum of ODPij for all the relevant settlement periods in year X in which CMU i over-delivered.\n(5) For the purposes of this paragraph—\n“over-delivered” is to be interpreted in accordance with regulation 42(2);\n“PRij” means the penalty rate in pounds per MWh applying to CMU i in respect of settlement period j, as calculated in accordance with paragraph 5\n“qualified person” has the meaning given in regulation 42(2);\na “relevant CMU” means a capacity committed CMU in respect of which AEij is greater than ALFCOij in one or more relevant settlement periods in year X;\n“TODVx” means the aggregate in MWh of the total amounts over-delivered in year X by all relevant CMUs;\n“TPRx” means the total amount of capacity market penalty charge payments received by the Settlement Body in respect of year X.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 1 para. 7(1)(a) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(1) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 1 para. 7(2) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(3)(a) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Sch. 1 para. 7(2): “ODRij” substituted for “ODRix” (wherever it occurs) (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(2) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sch. 1 para. 7(2): formula amended by the substitution of “PRij” for “PRix” (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(3)(b) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sch. 1 para. 7(2A) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(4) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Sch. 1 para. 7(3): “ODRij” substituted for “ODRix” (wherever it occurs) (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(2) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Words in Sch. 1 para. 7(5) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(5)(a) (with reg. 1(4))"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in Sch. 1 para. 7(5) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 36(5)(b) (with reg. 1(4))"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/2043/schedule/1/paragraph/7",
    "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."
}