SCHEDULE 1Amendments to the Electricity Capacity Regulations 2014

Regulation 60 (credit obligation period)

6.—(1) For regulation 60(1)(a), substitute—

(a)where CMU i is an unproven demand side response CMU, the de-rated capacity for CMU i becomes, in accordance with capacity market rules, less than the product (in MW to three decimal places) of the unproven DSR capacity of CMU i and the de-rating factor;.

(2) In regulation 60(1)(f), for each occurrence of “unproven DSR capacity” substitute “de-rated capacity”.

(3) For regulation 60(1)(g), substitute—

(g)save where CMU i is an unproven demand side response CMU, A has fully discharged all the requirements in capacity market rules against which its applicant credit cover was secured, and which a failure to meet would result in its capacity agreement being terminated under capacity market rules;.

(4) In regulation 60(2)(a), for the words “DSR bid capacity” substitute “de-rated capacity”.

(5) In regulation 60(5), in the formula, for “UC” substitute “DC”.

(6) In regulation 60(6)—

(a)before the definition of “PC” insert—

“DC” means CMU i’s de-rated capacity; and

(b)omit the definition of “UC”.