Capacity Market Code Modifications Working Group 6 23 May 2019

CMC_05_19 – Housekeeping Changes Trivial removal of cross-reference duplications, except for change to F.5.1.2(b) Lack of clarity between setting of exchange rates for FAIP between F.5.1.1 and F.5.1.2(b) raised by Monitor F.5.1.1 The System Operators shall calculate the final Annual Capacity Payment Exchange Rate […] to be included in the Final Auction Information Pack. F.5.1.2 The System Operators shall use reasonable endeavours to publish the Final Auction Information Pack for a Capacity Auction by the later of: a) […]; and b) two Working Days after the last of the date the Regulatory Authorities provide the Demand Curve and approval of the final Annual Capacity Payment Exchange Rate […]. Addition to the text (in red) clarifies that while SOs determine the Exchange Rate, it is approved by the RAs and this approval forms one of the triggers to publish the FAIP.

Modification Timetables Event Date 1 Modifications Proposal Submission Deadline 09/05/2019 2 Deadline for RA Rejection of Modification Proposals on the grounds of being Spurious. 16/05/2019 3 CMC Modifications Working Group 6 23/05/2019 4 As per the CMC (B.12.7.1 (j)) the System Operators shall prepare a report of the discussions which took place at the Workshop, provide it to the Regulatory Authorities and publish it on the Modifications Website. 31/05/2019 5 Publication of Timetable for RA consideration, consultation and decision relating to Modification Proposal(s). 06/06/2019