Glossary
P104 – Amendments to the Solution to P78 ‘Revised Definitions of System Buy Price and System Sell Price
Formal title: Amendments to the Solution to P78 'Revised Definitions of System Buy Price and System Sell Price
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
This Modification proposes to rectify two issues within the legal drafting giving effect to the Proposed Modification P78 ‘Revised Definitions of System Buy Price and System Sell Price’, due to be implemented on 25 February 2003. The first issue concerns the definition of the Net Imbalance Volume, and the second relates to the Energy Imbalance Price Calculation.
Progression
The Authority approved the Proposed Modification on 12 December 2002. P104 was implemented as part of the CVA February 2003 Release on 11 March 2003.