Regulation 3 The supplier settlement calculationsI1
England, Wales and Scotland
The Settlement Body must make the calculations set out in Parts 3 and 5 and Schedule 1 (“the supplier settlement calculations”)—
by such date as may be specified in those provisions or, where no date is specified, by such time as is necessary to enable the Settlement Body to comply with these Regulations; and
so far as possible, using the required data.
Where, by the time a supplier settlement calculation is to be made, the Settlement Body has not been provided with any required data which is necessary for that calculation, the calculation must be made using the best data available to the Settlement Body.
In this regulation, “required data” means data which is required to be provided to the Settlement Body under these Regulations, the Principal Regulations or capacity market rules F1or is provided to the Settlement Body pursuant to the relevant arrangements.
Annotations
Textual amendments
- F1
Words in reg. 3(3) inserted (1.4.2024) by The Electricity Capacity (Supplier Payment etc.) (Amendment and Excluded Electricity) Regulations 2024 (S.I. 2024/434), regs. 1(2), 8
Commencement
- I1
Reg. 3 in force at 18.12.2014, see reg. 1(2)