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Update Timeline for ACER Publication & Uplift Parameters Determination

These modification proposals suggest changes in timeline for publishing Annual Capacity Exchange Rates (ACER) and allowing flexibility in determining Uplift Parameters. The aim is to align practices with current needs and enable timely adjustments for better results.

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Update Timeline for ACER Publication & Uplift Parameters Determination

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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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