Electricity Settlements Company - Capacity Market Rules CP299

Change Proposal
Publication date

When a Stress Event occurs and CMUs are subject to Capacity Provider Penalties for under-delivery those Penalties are subject to an Agreement Monthly Penalty Cap. However, Rules and Regulations currently allow for that cap to a) become a negative value and b) do not provide for month-to-date penalties to follow Physically Traded Capacity Obligations to other CMUs. This proposal seeks to address both these issues.

Change proposal status
Under consultation

Proposal rules area

Schedules and exhibits

Proposal organisation

ESC