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:
Concluded - Pending Decision
Last updated:
20 March 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