RWE - Capacity Market Rules change proposal 4

This submission proposes to amend the definition of Qualifying Capital Expenditure for Prospective Generating CMUs under Rule 1.2 (Definitions). It would remove the fixed reference date of 1 May 2012 for the start of the period for eligible expenditure and replace it with wording which refers to the commencement of the Calendar Year that immediately precedes the year in which the Prequalification Window commences, to which the application relates.