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32.—(1) In paragraph 3(1)(a), for “CMU i for year X” substitute “COix”.
(2) For paragraph 3(2) and (3) substitute—
“(2) ACPyx (for any value y) must be calculated in accordance with the formula—
(3) MCPim must be calculated in accordance with the formula—
(3A) For the purpose of sub-paragraph (3) tACPN is the amount ,
where—
“tICOiN” is any obligation, being the whole or part of the capacity obligation COzx, that has been transferred so as to—
apply to CMU i for all or part of month M, or
cease to apply to CMU i for all or part of month M (in which case tACPN is to be expressed as a negative number);
“DTmN” means the number of days in month M for which that capacity obligation has been transferred;
“Dm” means the total number of days in month M.”.
(3) In paragraph 3(4), for “PEix” substitute “PEyx”, and for “CMU i for year X” substitute “COyx”.
(4) In paragraph 3(5) and (6), wherever it occurs for the subscript “i” substitute the subscript “y”.
(5) In paragraph 3(7)—
(a)for the definition of “CCPi”, substitute—
““CCPy” means the capacity cleared price for COyx, as recorded on the capacity market register”;
(b)omit the definition of “COix”;
(c)in the definition of “CPIbase”, for “determined under” substitute “referred to in”;
(d)in the definition of “relevant capacity auction”, for “the capacity obligation applying to CMU i” substitute “COyx”; and
(e)omit the definition of “WFmx”.
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