The Electricity and Gas (Energy Company Obligation) Order 2018

The score for innovation measures

29.—(1) This article applies for the purpose of calculating the score of a qualifying action which—

(a) is an innovation measure; and

(b) is not a demonstration action or a monitored measure.

(2) Where this article applies, the score is calculated in accordance with the following formula—

(3) In paragraph (2)—

“N” is the cost savings for the qualifying action calculated in accordance with article 32(2); and

“P” is—

(a)

in the case of a qualifying action which is designated as an excess innovation measure, 1;

(b)

in any other case, 1.25.

(4) A participant may apply for a qualifying action which is an innovation measure promoted by the participant—

(a) to be designated as an excess innovation measure for the purposes of this article and article 12; or

(b) if it is already designated as an excess innovation measure for those purposes, to be no longer so designated.

(5) An application under paragraph (4) must—

(a) be made to the Administrator, in writing, by no later than 30th June 2022; and

(b) include such information relating to the qualifying action as the Administrator may require.

(6) The Administrator must approve an application if it is satisfied that the application is made in accordance with paragraphs (4) and (5).

(7) If the Administrator approves an application—

(a) made under paragraph (4)(a), the qualifying action is designated as an excess innovation measure for the purposes of this article and article 12;

(b) made under paragraph (4)(b), the qualifying action ceases to be designated as an excess innovation measure for the purposes of this article and article 12.