Capacity Market: Some Key Dates For Your Diary

Towards the end of last year, the European Commission reopened the Capacity Market.

If you’re participating in the Capacity Market, the timelines are as follows

Auction Timeline

Whilst the Prequalification windows are now closed, here are some key dates for the diary:

The dates for the next prequalification window and the CM Operational Plan are not yet available. The EMR delivery body will publish further prequalification guidance in July 2020.

Here is an example of what CM applicants will need to provide:

• Six monthly progress reports every 6 months from the date of the Capacity Auction. If any material changes to dates/works, an Independent Technical Expert (ITE) report is required and a remedial plan is only required if delays to the construction plan impact the start of the delivery year.
• Financial Commitment Milestone report (deadline is 18 months after the Capacity Auction)
• Connection agreement
• Metering Assessment
• Metering Test (if required)
• Substantial Completion Milestone report
• Extended Years Criteria report
• Long stop date (if required)

Our Senior Energy Consultant, Helder Galrinho, is an Independent Technical Expert. He is authorised to carry out the independent technical reports, such as; the 6-monthly reports to substantial completion milestone; financial commitment milestone reports; evidence of project spend; and extended years criteria needed for organisations to enter the Capacity Market.

Learn about our Capacity Market Support Service.

Capacity Market Support Service