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The Electricity Capacity (Supplier Payment etc.) (Amendment and Excluded Electricity) Regulations 2024

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Change 1

What to do with it
As published

12 Schedule 1 (calculation of amounts)

In Schedule 1— (a) in paragraph 2(5), for the definition of substitute— “” means the amount of the relevant demand forecast by S for year X under regulation 4(2)(a) and given to the Settlement Body under regulation 4(2)(b) less the CM EII excluded electricity forecast by S for year X under regulation 4(2)(aa) and given to the Settlement Body under regulation 4(2)(b). ; (b) in paragraph 3— (i) in sub-paragraph (1) for “gross demand” substitute “relevant demand and CM EII excluded electricity”; (ii) in sub-paragraph (5), for the definition of substitute— “” means the actual relevant demand of S during periods of high demand in year X less the actual CM EII excluded electricity supplied by S during periods of high demand in year X. ; (c) in paragraph 7(4), for the definition of substitute— “” means— subject to paragraph (b), the actual relevant demand of S during periods of high demand (“AD”) in the relevant months less the actual CM EII excluded electricity supplied by S during periods of high demand (“AEE”); or if, at the date on which the calculation in sub-paragraph (2) is to be made, the Settlement Body does not have the data necessary to calculate AD or AEE for all suppliers for one or more of the relevant months, AD in the relevant months for which data is available to the Settlement Body less AEE in the same relevant months. ; (d) in paragraph 8(4) for the definitions of and substitute— “” means the actual relevant demand of S during periods of high demand in year Y less the actual CM EII excluded electricity supplied by S during periods of high demand in year Y; “” means the sum of the actual relevant demand of every electricity supplier who is liable to pay the settlement costs levy in the relevant month less the sum of the actual CM EII excluded electricity supplied by every electricity supplier who is liable to pay the settlement costs levy in the relevant month. .

Your change, as a redline

12 Schedule 1 (calculation of amounts)

In Schedule 1— (a) in paragraph 2(5), for the definition of substitute— “” means the amount of the relevant demand forecast by S for year X under regulation 4(2)(a) and given to the Settlement Body under regulation 4(2)(b) less the CM EII excluded electricity forecast by S for year X under regulation 4(2)(aa) and given to the Settlement Body under regulation 4(2)(b). ; (b) in paragraph 3— (i) in sub-paragraph (1) for “gross demand” substitute “relevant demand and CM EII excluded electricity”; (ii) in sub-paragraph (5), for the definition of substitute— “” means the actual relevant demand of S during periods of high demand in year X less the actual CM EII excluded electricity supplied by S during periods of high demand in year X. ; (c) in paragraph 7(4), for the definition of substitute— “” means— subject to paragraph (b), the actual relevant demand of S during periods of high demand (“AD”) in the relevant months less the actual CM EII excluded electricity supplied by S during periods of high demand (“AEE”); or if, at the date on which the calculation in sub-paragraph (2) is to be made, the Settlement Body does not have the data necessary to calculate AD or AEE for all suppliers for one or more of the relevant months, AD in the relevant months for which data is available to the Settlement Body less AEE in the same relevant months. ; (d) in paragraph 8(4) for the definitions of and substitute— “” means the actual relevant demand of S during periods of high demand in year Y less the actual CM EII excluded electricity supplied by S during periods of high demand in year Y; “” means the sum of the actual relevant demand of every electricity supplier who is liable to pay the settlement costs levy in the relevant month less the sum of the actual CM EII excluded electricity supplied by every electricity supplier who is liable to pay the settlement costs levy in the relevant month. .

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