Paragraph 3 Capacity market supplier charge: revised annual calculationsI1

England, Wales and Scotland

(1)

The Settlement Body must, as soon as reasonably practicable after F1relevant demand and CM EII excluded electricity data for all periods of high demand in year X is available, calculate for each electricity supplier (“S”)—

(a)

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

(b)

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

(c)

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

(2)

RSC_sx must be calculated in accordance with the formula—

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

(3)

RACMSC_sx must be calculated in accordance with the formula—

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

(4)

RMCMSC_sm must be calculated in accordance with the formula—

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

(5)

In this paragraph—

“∑_iAACP_ix” means ∑_iACP_ix, within the meaning given in paragraph 2(5), minus any reductions in the total amount of capacity payments payable to capacity providers in respect of year X as a result of—
1. (a)
  a capacity agreement being terminated; or
2. (b)
  a capacity payment being reduced or forfeited under the Principal Regulations;
F2“” means the actual relevant demand of S during periods of high demand in year X less the actual CM EII excluded electricity supplied by S during periods of high demand in year X.

Annotations

Textual amendments

F1: Words in Sch. 1 para. 3(1) 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(b)(i)
F2: Words in Sch. 1 para. 3(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(b)(ii)

Commencement

I1: Sch. 1 para. 3 in force at 18.12.2014, see reg. 1(2)