1. Capacity Market Code Committee Meeting
Belfast, 31/07/2018

2. MOD_13_18
Minor amendment required to the template for the Letter of Credit template (appendix H) in the Capacity Market Code
Current Appendix H details two references to ‘SOs Bank’
SEM Bank meaning ‘the bank appointed as the SEM Bank by the Market Operator under the TSC
Appendix H should be modified to read ‘SEM Bank acting on behalf of the System Operators’

3. Existing text versus Amended text
Reference
Existing Appendix H
Modified Appendix H
Available With
(ADVISING BANK IE SO’s BANK BY PAYMENT)
(ADVISING BANK IE SEM BANK ACTING ON BEHALF OF THE SYSTEM OPERATORS)
Confirmation
(THIS INSTRUCTION IS TO SO’s BANK TO ADD CONFIRMATION OR NOT)
(THIS STRUCTION IS TO SEM BANK ACTING ON BEHALF OF THE SYSTEM OPERATORS TO ADD CONFIRMATION OR NOT)

4. Justification
CMC specifies that Participants shall instruct the System Operators to establish and maintain a Reserve Account with the SEM Bank (J.3.3.2)
This Modification is a correction only, presenting no material changes to the Capacity Market Code
The SEM Bank is referenced correctly elsewhere in the CMC