Decision to reject the proposed solution to the Operating Reserve Cash Price model, pursuant to 5.17 of the Statement of the Energy Balancing Cost Target Modelling Methodology 2015
Decision
Publication date
Company
Industry sector
Generation and Wholesale Market
The Gas and Electricity Markets Authority (the Authority) has considered the proposed solution by NGET to the Operating Reserve Cash Price Model under 5.17 of the Statement.
The Authority, on the basis of the information provided, in accordance with 5.17 of the Statement, does not agree with the change to the Operating Reserve Price model and therefore has decided to reject the proposed solution.