UK DRA - Capacity Market Rules change proposal 2
Change Proposal
- Publication date
This submission proposes to would prevent Unproven DSR CMUs from being subject to a perceived double forfeit upon termination (via drawdown of credit cover by the Settlement Body and the payment of a termination fee) by adding new Rules 6.10.3 (c) and (d) that allow for the termination fee to be reduced by the amount of credit drawn by the Settlement Body. A further proposed Rule addition would require the Settlement Body to reimburse termination fees where it subsequently draws credit cover following the termination of the same Unproven DSR CMU.
Proposal rules area
Capacity Agreements
Proposal organisation
UK DRA