This page provides full details of the proposed change, relevant dates and decisions.

What is the issue?

Rule 6.7.7 allows a Capacity Provider to extend the Long Stop Date extended day for day for any delay in achieving the Substantial Completion Milestone that results solely from a failure of a Transmission Licensee or the relevant Distribution Network Operator to provide an active connection point.

Where the Transmission Licensee (TL)/Distribution Network Operator (DNO) delays the connection date by over 1 year, the proposer contends that Capacity Providers lose both revenue and effective delivery years from their CM Agreement unfairly.

What is the proposed solution?

For the case where a TL/DNO delays the connection the proposed solution seeks to:

  • Clarify that Rule 6.7.7 allows multiyear extensions to the Long Stop Date (LSD)
  • Allow Capacity Providers with a Prospective CMU the ability to postpone the Financial Commitment Milestone (FCM); and
  • Extend the period during which Capacity can be increased under Rule 6.7.6.

Status
Title Decoration

Diagram of CMAG Rule Change Proposal stages: Submission, Scheduled, CMAG development, Consultation, With Ofgem, Implemented.

With Ofgem phase

This is the stage after consultation and after the CMAG has sent a recommendation to Ofgem but before Ofgem has determined whether to approve/reject/send back a CM Rules change.

Proposer: Waters Wye Associates Type of change: Amendment Date Raised: 07 June 2023 Category: Assurance

Next Steps
Title Decoration

Milestone Date
Proposal Form Submission 7 June 2023
CMAG Initial Consideration Meeting 9 (20 June 2023)
CMAG Development Meeting 10 (18 July 2023)
Meeting 11 (15 August 2023)
Meeting 12 (21 September 2023)
Meeting 13 (17 October 2023)
CMAG Recommendation to Ofgem Meeting 14 (23 November 2023)
Ofgem Statutory Consultation TBC
Implementation TBC

Impacts and Related Changes
Title Decoration

Impacts

Capacity Market Rules Sections

  • Rules 6.6.8, 6.6.9 & 6.6.10 – Allows postponement of meeting Financial Commitment Milestone (FCM) where there is a Connection Delay caused solely by the TL/DNO
  • Rule 6.7.6B – Extend the period during which Capacity can be increased under Rule 6.7.6
  • Rule 6.7.7 & 6.7.9 – Clarifies that Multi-Year Extensions to the Long Stop Date (LSD) can be requested

Impacted Parties

  • Capacity Providers
  • Capacity Market Settlement Body (CMSB)
  • EMR Delivery Body (EMR-DB)

Related Changes

CP362 ‘CM Agreement Transfers’

Contact information
Title Decoration

Lead Analyst:
Chris Arnold, Senior Change Lead: Capacity Market
[email protected], 020 7380 4221