Glossary
P038 – Redefined Definition Of C A D To Allow Prompt Price Reporting
Formal title: Redefined Definition Of C A D To Allow Prompt Price Reporting
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
A proposal to redefine the definition of CAD such that any CAD that starts less than CADL (currently 15) minutes before the end of the settlement period should automatically be tagged and excluded from imbalance settlement price calculations for that settlement period (but, for the avoidance of doubt, can be counted within the next settlement period if appropriate).
Progression
The Authority rejected the Proposed Modification on 18 February 2002.