Capacity Market auction determination: letter from BEIS to National Grid ESO, June 2022
Letter setting out the government’s intent to hold 2 Capacity Market auctions in 2023: the T-1 auction for 2023 to 2024 and T-4 auction for 2026 to 2027.
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This letter from the Minister of State for Energy, Clean Growth and Climate Change, Greg Hands MP, to National Grid Electricity System Operator (ESO) outlines the intent of the government to hold 2 Capacity Market auctions:
- a T-1 auction for the 2023 to 2024 delivery year
- a T-4 auction for the 2026 to 2027 delivery year