techUK
 Printable version
|
Consultation | Reforms to the Capacity Market
DECC is seeking views on a number of changes to the electricity Capacity Market, the way in which we ensure adequate electricity capacity is available in GB. This consultation builds on the October 2015 consultation and further learnings from the second Capacity Market Auction in December 2015.
The consultation covers proposed changes on topics such as new build assurance, termination fees, avoiding cumulation of State aid, eligibility for Transitional Arrangements, prequalification timings and reviewing the Capacity Market Rules. It also covers proposals to introduce a supplementary capacity auction in 2016 for the delivery year 2017/2018.
Following the consultation, the Government will be looking to amend the Regulations and the Rules in time for the opening of the 2016 Capacity Market prequalification period. The outcomes of this consultation will be implemented with the outcomes of the consultation which concluded in December 2015.
