Ofgem created the CMAG to improve the effective functioning of the CM by enabling changes to the CM Rules i.e. the CM Rules change process, to become more dynamic and adaptive to changing market requirements and technology improvements, whilst also increasing transparency and promoting collaboration between experts and stakeholders.
The CMAG acts in accordance with its Terms of Reference and Operating Procedure, found below.
CMAG Terms of Reference
The CMAG Terms of Reference state the functions and responsibilities of the Group.
CMAG Operating Procedure
The CMAG Operating Procedure details the processes that the CMAG must follow in
fulfilling its duties as the CMAG in line with Ofgem’s “The Change Process for the Capacity Market Rules Guidance”.
This document works alongside the CMAG Terms of Reference and should be complementary in the processes and ways of working that they outline.