PART 3Payments administered by the Settlement Body

CHAPTER 2Modifications to application of Principal Regulations: agreements existing on 15th November 2018

Interpretation: modifications12

Regulation 2 (interpretation) of the Principal Regulations applies as if in paragraph (1), in the appropriate places, there were inserted the following definitions—

a

“conditional agreement auction” has the meaning given in regulation 2(1) of the Electricity Capacity (No. 1) Regulations 2019;

b

“deferred capacity payment trigger event” has the meaning given in regulation 2(1) of the Electricity Capacity (No. 1) Regulations 2019;

c

“standstill month” has the meaning given in regulation 2(1) of the Electricity Capacity (No. 1) Regulations 2019;

d

“standstill period” has the meaning given in regulation 3 of the Electricity Capacity (No. 1) Regulations 2019.