Capacity Market Code Modifications – Working Group 10 Modification Decision Paper
The Capacity Market Code (CMC) sets out the arrangements whereby market participants can qualify for and participate in Capacity Auctions. As a result of the daily operation of the SEM the CMC is regularly reviewed and modifications can be made to ensure the Code Objectives are achieved. These objectives are set out in section A.1.2.1 of the code and include, but are not limited to, ensuring there is transparency in the operation of the SEM, ensuring there is no undue discrimination and to ensure the promotion of the short-term and long-term interests of consumers of electricity with respect to price. Section B.12 of the CMC sets out the Modifications process and contains details in regards to submitting a proposal, the process of discussing proposals through Working Groups and the consultation and decisions process. The SEM Committee has today, 13 February 2020, published the Capacity Market Code Modifications Working Group 10 Decision Paper, which sets out the decision made by the SEM Committee in regards to the proposed modification discussed at Working Group 10 on 21 November 2019 and relates to: CMC_08_19 – General Housekeeping Modifications. This paper is published following a consultation process (SEM-19-075) and contains the SEM Committee’s decision in regards to the proposal The documents can be found here | |
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