Scottish Power - Capacity Market Rules change proposal 4
Change Proposal
- Publication date
This submission proposes an additional requirement on New Build CMUs to certify they have sufficient financial resources to meet Total Project Spend and to provide evidence of such resource upon request by the Authority. It is also proposed that the relevant Directors certify that the CMU will act in accordance with the financial mandate in the relevant auction. In the absence of such a certification process this proposal suggests the raising of the termination fee for New Build CMus failing to meet their financial commitment milestones.
Proposal rules area
Prequalification Information
Proposal organisation
Scottish Power