Capacity Methodologies Review 2019

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Presentation transcript:

Capacity Methodologies Review 2019 Malcolm Montgomery 08-02-19

Agree Scope of Examination Run Tender & prepare for Examination Timetable 2018/2019 Preliminary Consultation to start c. 15th January for 4 weeks. Tx WG Agree Scope of Examination Run Tender & prepare for Examination Examination SEP ‘18 OCT NOV DEC JAN ‘19 FEB MAR APR MAY JUN ‘19 Identify Changes Informal discussions with industry Review Proposal with the Authority for Direction (2 months) Preliminary Consultation Consultation (28 days) Review and update (14 days) Today

Description (Statement) Summary of changes Description (Statement) Revised NPV test - not linked to LRMC (ECR) Removal of requirement for NPV test in cases of substitution (ECR) CLOCC updates to PARCA process CLOCC updates to baseline table (ECR, ExCR) Process ad-hoc increases received during the PARCA window (ExCR) Capacity Conversion (ECR, ExCR) Withholding Daily Capacity (ExCR) Remove clearing obligation (ECR, ExCR) Note: some of the changes listed may be considered substantial topics, but the decisions are being taken outside of this change process, in which case it is a tidy up exercise. Administrative updates will be carried out on all 5 Statements to update weblinks, dates etc.