Collection

Capacity Market 2016

Capacity Market will ensure security of electricity supply by providing a payment for reliable sources of capacity.

• From: Department for Energy Security and Net Zero and Department for Business, Energy & Industrial Strategy
• Published: 15 October 2015
• Last updated: 16 December 2016 — See all updates

Part of the government’s Electricity Market Reform package, the Capacity Market will ensure security of electricity supply by providing a payment for reliable sources of capacity, alongside their electricity revenues, to ensure they deliver energy when needed. This will encourage the investment we need to replace older power stations and provide backup for more intermittent and inflexible low carbon generation sources.

The Capacity Market has also been designed to support the development of more active demand management in the electricity market.

Capacity Market rules and regulations

National Grid operational plan

CM auction 2016 final results

The auction monitor has confirmed that actions performed by National Grid as EMR Delivery Body have in all material respects complied with the relevant Capacity Market rules and guidelines. Therefore in accordance with regulation 27 of the Capacity Market Regulations 2014, the Delivery Body have now published the final auction results.

Consultation on reforms to the Capacity Market, March 2016

• Consultation on reforms to the Capacity Market, March 2016
  • 6 May 2016
  • Consultation outcome

Letter of Determination

• Letter between Amber Rudd and National Grid about the 2016 T-4 auction, the early Capacity Auction and the DSR transitional auction
  • 6 May 2016
  • Correspondence

Consultation on Reforms to the Capacity Market, Autumn 2015

• Consultation on Reforms to the Capacity Market, Autumn 2015
  • 1 March 2016
  • Consultation outcome

Confirmation of determination to hold the Supplementary Capacity Auction and the auction’s parameters

• Confirmation of determination to hold the Supplementary Capacity Auction and the auction’s parameters
  • 1 August 2016
  • Correspondence

Selective overcompensation in the Capacity Market

• Selective overcompensation in the Capacity Market
  • 16 November 2016
  • Policy paper

T-4 Capacity Market auction 2016 auction monitor report

• T-4 Capacity Market auction 2016 auction monitor report
  • 16 December 2016
  • Corporate report

Published 15 October 2015
Last updated 16 December 2016 + show all updates

1. 16 December 2016

   T4 auction monitors report 2016.

2. 27 September 2016

   Selective overcompensation in the Capacity Market.

3. 1 August 2016

   Confirmation of determination to hold the Supplementary Capacity Auction and the auction’s parameters.

4. 6 May 2016

   Letter of determination.

5. 1 March 2016

   Consultation on reforms to the Capacity Market, March 2016.

6. 15 October 2015

   First published.