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