Glossary
P045 – Introduction of Price Adjusters for Settlement Days 5 April 2001 to 24 September 2001 inclusive.
Formal title: Introduction of Price Adjusters for Settlement Days 5 April 2001 to 24 September 2001 inclusive.
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
The Modification Proposal proposes to implement Price Adjusters to reflect reserve option fees for System Sell Price (SSP) and System Buy Price (SBP) for Settlement Days from 5 April 2001 to 24 September 2001 inclusive. This will, in effect, retrospectively implement the calculation for Modification Proposal P08 for these Settlement Dates
Progression
The Authority approved the Proposed Modification on 22 March 2002.