+Article 22 3.

Article 22 3.

In addition to the requirements laid down in paragraph 1, capacity mechanisms other than strategic reserves shall:

(a) 

be constructed so as to ensure that the price paid for availability automatically tends to zero when the level of capacity supplied is expected to be adequate to meet the level of capacity demanded;

(b) 

remunerate the participating resources only for their availability and ensure that the remuneration does not affect decisions of the capacity provider on whether or not to generate;

(c) 

ensure that capacity obligations are transferable between eligible capacity providers.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards