Scottish Power - Capacity Market Rules change proposal 2
Change Proposal
This submission proposes to require New Build CMU applicants to certify they have the financial capability to mett completion milestones. Alternatively the submission proposes to raise the termination fee for terminations in accordance with Rule 6.10.1(b) (when a New Build CMU fails to achieve a Financial Commitment Milestone) from the TF1 to TF2 rate, as defined in the Electricity Capacity Regulations 2014.