This course will give you a thorough overview of capacity market settlements, including the processes and payments.

Objectives

After completing this course, you will have an understanding or awareness of:

  • Timing and processes for Capacity Market Settlements
  • Payment calculation for Capacity Market units
  • Different payments and charges processes
  • The supplier charging processes
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Modules

  1. Introduction
  2. Process and Data Inputs
  3. Capacity Payments and Charges
  4. Strike Price
  5. Load Following Obligated Capacity Quantity
  6. Stop-Loss Limits
  7. Market Difference Charges and Difference Payments
  8. Non-Performance Difference Charges and Imbalance Difference Payments
  9. Difference Payment Socialisation Charge and Socialisation Fund

Once you complete all of these modules, you have finished your self-learning for the Balancing Market Bidding and Data Submission course. Should you have any questions, contact the Query Management Team.

RELEASED 14/09/2017