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Purpose:

Modification Proposal Mod_03_14 Change in Timeline for Submission of MO Report on Annual Capacity Exchange Rate. Purpose: To amend the Code to reflect the current practice for the publication of the Annual Capacity Exchange Rate (ACER), which has been in operation for a number of years.

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Purpose:

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  1. Modification ProposalMod_03_14 Change in Timeline for Submission of MO Report on Annual Capacity Exchange Rate

  2. Purpose: • To amend the Code to reflect the current practice for the publication of the Annual Capacity Exchange Rate (ACER), which has been in operation for a number of years. • Currently, the ACER to apply for the coming Year is published in December. • The Code requires publication 4 months before start of year.

  3. Modification ProposalMod_04_14 Change to Uplift Parameters Determination Timeline

  4. Purpose: • To allow the RAs to change the Uplift Parameters from time to time instead of the current Code requirement that they change at the start of a year. • “Time to time” consistent with TSC timing for Policy Parameters • With this Modification Proposal, Parameters will continue to be determined 4 months before implementation.

  5. Rationale: • Initial RA analysis in 2013 suggested that amending the Uplift parameters could achieve a reduction in SMP without undue distortion of the profile. • If this is the case the RAs would look to make a change in advance of year end.

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