CMP300: Cost reflective Response Energy Payment for Generators with low or negative marginal costs
Seeks to improve the cost reflectivity of the Response Energy Payment (“REP”) for Balancing Mechanism Units (“BMUs”) with low or negative marginal costs, as a consequence of having a Contract for Difference (“CfD”).
Modification status:
Implemented
- Pending Decision
Last updated:
27 August 2024
Code Administrator Contact: Paul Mullen - [email protected]
Governance Route: Standard Governance
Impacts: Medium impact on Mandatory Frequency Response (MFR) providers and ESO
Implemented: 8 July 2022
Code modification proposed by:
Paul Youngman
Documents