Removing Schedule 14.3
To reduce the costs of running the Financial Transmission Rights (FTR) market we are proposing to remove the rentals calculation and allow the FTR market to settle using all available LCE.
Overview
| Date | Activity |
|---|---|
| 3 May 2022 | Development: FTR Rental Calculation Update Read more |
| 2 Feb 2021 | Development: Update on proposed changes to the FTR market Read more |
| 18 Aug 2020 | Background: The Financial Transmission Rights (FTR) market has grown to the point that an average of 90% and sometimes up to 100% of the loss and constraint excess is allocated to the settlement of the FTR market. Read more |
| 18 Aug – 29 Sep 2020 | Consultation: The Authority is proposing to revoke Schedule 14.3 of the Electricity Industry Participation Code 2010 (Code) and make consequential amendments to clause 14.16 and 14.20 of the Code so that all LCE is available for the settlement of the FTR market. Read more |
