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The Electricity Capacity Regulations 2014
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- UK Statutory Instruments
- 2014 No. 2043
- PART 6
- CHAPTER 2
- Regulation 39
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Determination of adjusted load-following capacity obligation, net output and adjusted net outputE+W+S
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39.—(1) For each relevant settlement period in a month (“month M”), the Settlement Body must determine for each capacity committed CMU—
(a)the adjusted load-following capacity obligation of the CMU in the settlement period ("
(b)the net output of the CMU in the settlement period (“
(2) The Settlement Body must make the determinations under paragraph (1) in accordance with capacity market rules.
(3) The determinations under paragraph (1)(a) and (b) must be made by no later than 10 working days after the end of month M.
(4) The determination under paragraph (1)(c) must be made after the close of the volume reallocation window for month M, but by no later than 20 working days after the end of month M.
(5) In this regulation—
“adjusted Eij”, in relation to a capacity committed CMU and a relevant settlement period, means Eij with any adjustment made to it as a result of volume reallocation;
“capacity market volume reallocation notifications” has the meaning given in the Rules;
[F1“net output”, in relation to a demand side response CMU, means DSR volume (as defined in capacity market rules);]
“volume reallocation” means the procedure in capacity market rules by which part of the net output of a F2... CMU in a relevant settlement period may be reallocated to another F2... CMU for the purpose of the settlement calculations; and
“volume reallocation window” means the period during which [F3persons qualified to do so (within the meaning given in regulation 42(2)(c))] may submit capacity market volume reallocation notifications under capacity market rules.
Textual Amendments
F1Words in reg. 39(5) inserted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 51
F2Words in reg. 39(5) omitted (14.7.2016) by virtue of The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 24(a) (with reg. 1(4))
F3Words in reg. 39(5) substituted (14.7.2016) by The Electricity Capacity (Amendment) Regulations 2016 (S.I. 2016/742), reg. 1(2), Sch. 1 para. 24(b) (with reg. 1(4))
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