P140

Formal title: Revised Credit Cover Methodology for Interconnector BM Units

Current Status

Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented

Summary

P140 proposes to modify the Code such that the values of Credit Assessment Credit Energy Volume for each Interconnector Balancing Mechanism Unit are made equal to the Final Physical Notification data, rather than trying to estimate an energy volume based on past trading activity.

Progression

The Authority approved the Proposed Modification on 29 June 2004. P140 was implemented on 23 February 2005 as part of the CVA February 2005 Release

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