{
  "url": "https://openlegislation.uk/eu-regulation-2019-943/article-11",
  "json_url": "https://openlegislation.uk/eu-regulation-2019-943/article-11.json",
  "legislation": "eur/2019/943",
  "legislation_title": "Regulation (EU) 2019/943 of the European Parliament and of the Council of 5 June 2019 on the internal market for electricity (recast) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2019-943",
  "path": "article/11",
  "kind": "article",
  "number": "11",
  "heading": "Value of lost load",
  "text": "1. Where required for the purpose of setting a reliability standard in accordance with Article 25, the relevant authority must determine a single estimate of the value of lost load for Great Britain. That estimate must be made publicly available. The relevant authority may determine different estimates per bidding zone if there is more than one bidding zone in Great Britain. Where a bidding zone consists of more than one control area, the relevant authority must determine a single estimate of the value of lost load for that bidding zone.\n2. The relevant authority shall update its estimate of the value of lost load at least every five years, or earlier where it observes a significant change.\n3. In this Article, “relevant authority” means the Secretary of State or the regulatory authority.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 11(1) substituted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Art. 11(2) substituted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(3)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in Art. 11(2) substituted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(3)(b)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Word in Art. 11(2) substituted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(3)(c)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in Art. 11(2) substituted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(3)(d)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Art. 11(3) inserted (E.W.S.) (31.12.2020) by The Electricity and Gas (Internal Markets and Network Codes) (Amendment etc.) (EU Exit) Regulations 2020 (S.I. 2020/1006), reg. 1(2), Sch. 4 para. 11(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2019/943/article/11",
    "retrieved_at": "2026-11-01T14:43:20.321785+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."
}