Paragraph 2 Capacity market supplier charge: provisional annual calculationsI1

England, Wales and Scotland

(1)

The Settlement Body must, by no later than three months before the start of a delivery year (“year X”), for each electricity supplier (“S”) calculate—

(a)

S’s provisional share of capacity market supplier charges in respect of year X (“PSC_sx”);

(b)

S’s provisional capacity market supplier charge in respect of year X (“PACMSC_sx”);

(c)

S’s provisional monthly capacity market supplier charge in respect of each month of year X (“PMCMSC_sm”).

(2)

PSC_sx must be calculated in accordance with the formula—

P S C_{s x} = \frac{F S S P D_{s x}}{\sum_{s} F S S P D_{s x}} .

(3)

PACMSC_sx must be calculated in accordance with the formula—

P A C M S C_{s x} = \sum_{i} A C P_{i x} \times P S C_{s x} .

(4)

PMCMSC_sm must be calculated in accordance with the formula—

P M C M S C_{s m} = P A C M S C_{s x} \times W F_{m x} .

(5)

In this paragraph—

“∑_iACP_ix” means the sum of ACP_ix(the total amount of capacity payments payable in respect of a capacity committed CMU), as calculated under paragraph 3 of Schedule 1 to the Principal Regulations, for all capacity committed CMUs in respect of year X; and
F1“” means the amount of the relevant demand forecast by S for year X under regulation 4(2)(a) and given to the Settlement Body under regulation 4(2)(b) less the CM EII excluded electricity forecast by S for year X under regulation 4(2)(aa) and given to the Settlement Body under regulation 4(2)(b).

Annotations

Textual amendments

F1: Words in Sch. 1 para. 2(5) substituted (1.4.2024) by The Electricity Capacity (Supplier Payment etc.) (Amendment and Excluded Electricity) Regulations 2024 (S.I. 2024/434), regs. 1(2), 12(a)

Commencement

I1: Sch. 1 para. 2 in force at 18.12.2014, see reg. 1(2)