A variable capacity screw compressor for use in a refrigeration system is provided. Compressed refrigerant gas from the compressor is expelled into a discharge port in fluid communication with the refrigeration circuit. The volume associated with the discharge port can be periodically varied, allowing the efficiency of the compressor to be varied periodically. The discharge port volume includes a penetration that houses a movable member or plug that permits the volume to be periodically varied. This movable member is accessible from the exterior of the compressor housing to adjust the position of the movable member within the discharge port volume. The movable member may be adjusted to a full open position in which the discharge port volume is maximized, to a full closed position in which the discharge port volume is minimized, and to any position between full open and full closed.