Open consultation

Capacity Market: rule amendments to support auction liquidity

From:
Department for Energy Security and Net Zero
Published
8 April 2024

Summary

We're seeking views on proposals to support Capacity Market (CM) auction liquidity by improving the functionality of the CM emissions verification process.

This consultation closes at

Consultation description

This consultation seeks views on proposals designed to tackle potential risks which have been identified since the commencement of Capacity Market (CM) emissions verifications. This is to ensure auction liquidity is not needlessly adversely affected by the verification process.

The consultation includes:

  • a proposal to introduce a conditional deadline extension for CM applicants who are required to submit a verified emissions declaration at prequalification
  • other amendments and improvements to ensure the functionality of the verification process

Documents

Capacity Market: rule amendments to support auction liquidity

PDF, 449 KB, 20 pages

Ways to respond

Respond online

or

Email to:

electricity.security@beis.gov.uk

Write to:

Department for Energy Security and Net Zero
3-8 Whitehall Place
London
SW1A 2JP

Published 8 April 2024