The Capacity Market is open to all capacity providers including new and existing power stations, electricity storage plant, capacity provided by voluntary demand reduction and, from 2015 onwards, interconnectors. In recent declarations, the Rt Hon Claire Perry MP Minister of State at the Department for Business, Energy and Industrial Strategy said that the Government plans […]
The next milestone for the capacity market is the capacity auction on the 30th January. This is for the T1 delivery (2018-2019) and the T4 capacity auction for 2021-2022 delivery will take place on 6th February. Those who have passed the prequalification stage must deliver a Financial Commitment Milestone report within 18 months of the […]
TEAM Senior Energy Consultant completes first progress report for pan-European energy company. The Capacity Market (CM) was established as part of the UK Government’s Electricity Market Reform (EMR) Programme. Its goal is to ensure the future security of our electricity supply at the lowest cost to consumers by offering incentives to capacity providers for investing […]
