Correspondence

Capacity Market: issuing of penalties – letter to the Electricity Settlement Company, December 2022

This letter of comfort is to the Electricity Settlement Company to ensure the prioritisation of accuracy in the calculation and issuing of penalties in the case of non-delivery in the Capacity Market.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 14 December 2022

Documents

Letter of comfort from BEIS to the Electricity Settlement Company, 14 December 2022

PDF, 112 KB, 2 pages

Details

This letter of comfort is to ensure that the Electricity Settlement Company is to prioritise the accuracy of calculating and issuing penalties.

The government understands that if there were a Capacity Market System Stress Event at the end of the month, while every endeavor will be made, the regulatory deadlines may not be met.

Published 14 December 2022