Volume Reallocation
-
In addition to Obligation Trading, Capacity Market (CM) participants will be able to re-allocate excess capacity arising from the over-delivery of capacity during a System Stress Event, to other Capacity Market participants who have under-delivered (during a System Stress Event). This is to incentivise delivery and support the respective flow of payments. This short term trading measure is referred to as Volume Reallocation.
-
ESC, as the CM Settlement Body, is required to manage Volume Reallocation using a new Capacity Volume Register. This process will be administered by our settlement agent EMRS, and further information is available on their portal.