Capacity Market Code Modifications Working Group 20 - Timetable

13 August 2021


Capacity Market Code Working Group 20 Modifications Timetable

The Capacity Remuneration Mechanism (CRM) is a competitive element of the Single Electricity Market designed to ensure electricity security of supply across the island of Ireland. Competitive auctions secure the necessary capacity to meet demand for delivery in a specified year.

Section B.12 of the CMC sets out the Modifications process and contains details in regards to submitting a proposal, the process of discussing proposals through Working Groups and the consultation and decisions process.

During Working Group 20, which took place on 27 July 2021, two proposals were presented.

This timetable relates to how the RAs plan to consult and make a decision relating to the following proposals:

  • CMC_03_21 v3:  Modification to the provisions for Substantial Financial Completion
  • CMC_12_21:  Modification to the methodology for calculating the De-Rated Grid Code Commissioned Capacity

Today, 13 August 2021, the RAs have published the CMC modification timetable for these proposed modifications. 

As set out in the timetable the RAs intend to consult on the modifications from 17 August – 15 September 2021.